The “Can You Top THIS!?!” Spring 2021 Housing Market

At least for now, the winner of the “Can You Believe How Crazy-Hot the Market Is!?!” contest is the Twin Cities home seller who reportedly sold their home a whopping 35 minutes(!) after it debuted on MLS.

Under “Coming Soon.”

Without a single showing.**

And with no home inspection! (the Buyer apparently waived it).

I didn’t hear the price or terms, but I’m gonna guess “full” (or higher); and either “cash” or “very well-financed” (as in, a big down payment, an appraisal “gap” clause, etc.), respectively.

**MLS rules proscribe “Coming Soon” homes from allowing Buyer showings.

But, they say nothing about selling a home, sight unseen.

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.

Leave a Reply