High Tide and Low Tide??

I’ve certainly seen “For Sale” homes with irregular lot sizes.

That can occur in all kinds of situations: when a home is on a cul-de-sac; when it backs up to wetlands (the resulting lots often resemble pie slices); and generally anywhere further from the city center, where the standard 40′ x 120′ rectangle (at least in Minneapolis) no longer applies.

But, I can’t recall ever seeing a home with a “variable” lot size (photo, top).

Variable Commission

In fact, the only field on MLS that I can think of that includes the word “variable” is “variable rate commission.”

That refers to a listing agent who agrees to one commission if they just represent the Seller; and a lower, discounted commission if they also represent the Buyer.

I’m sure the agent listing the home above will be happy to explain to interested Buyers (or their agents) what they were thinking . . .

See also, ““Double Lot,” Defined“; and “Multiple Offers & Variable Rate Commissions.”

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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