Top Blog Posts

1. Minnesota’s 10-Second Weather Report (According to Saturday Night Live)

Getting One Out of Three Right We’re in Minnesota, so here’s the weather forecast: the rest of April: cold; May: cold; June: cold; July: somehow hot as hell. Back to y’all.” –Saturday Night Live; cold open (April 10, 2021). As a Minnesota native and long-time Twin Cities resident, I can attest to the “perpetually cold”...
Read More

2. Last Tango in Halifax: Translating “British-speak”

England and America are two nations separated by a common language.” –George Bernard Shaw. One hardly needs to be British to enjoy “Last Tango in Halifax,” the terrific comedy-drama that debuted in 2012 (and that my wife and I recently binge-watched — who says that the pandemic doesn’t have any silver linings??). As a service...
Read More

3. So, Who Pays For That Post-Closing Special Assessment ” the Buyer or Seller?

Home Sale “Bones of Contention”** ” and How to Avoid Them [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] Sellers don’t want to pay special assessments that are...
Read More

4. Dress Code for Home Closings**

Realtor-Client Double Standard There are really only two rules when it comes to proper attire for a home closing: 1) the Realtors and other professionals (closers and lender) should wear formal business attire (sorry, no “business casual”); 2) clients can wear whatever they want. Which I guess means there’s only one rule. For men, at...
Read More

5. Kris Lindahl’s “Guaranteed Offer” for Would-be Home Sellers: Exactly What Part is Guaranteed?

Fine Print: You “May or May Not” Get an Offer  [Note to Readers: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary of Berkshire.] It turns out there are three main catches (at least) with Twin Cities...
Read More

6. “You’re My Anchor”: Compliment or Dis?

“Ball & Chain” vs. Source of Stability/Emotional Support A “contronym” is word that is its own antonym. Examples include the word “left” (“the gentlemen have left and the ladies are left”); and “off” (“to turn off,” but also “activate,” as in “the alarm went off”). So, what do you call a symbol — like an anchor —...
Read More

7. Home Seller Exclusion Lists: Why the “Neighbor’s Best Friend’s Son-in-Law” Usually Isn’t the Buyer

High Washout Rate [Editor’s Note:  The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] One of the last things that can come up before would-be home sellers officially hire an agent is what Realtors call an exclusion (or sometimes protected) list. In...
Read More

8. And Repeat: “Never Negotiate Furniture,” “Never Negotiate Furniture. . .”

Novice Realtors Rush In Where Pro’s Fear to Tread “Never negotiate furniture.” “Never negotiate furniture.” “Never negotiate furniture.” “Never negotiate furniture.” Realtors who don’t know the above rule — or forget it — soon get the opportunity to (re)learn it. That’s because negotiating the sale of personal property, particularly furniture, can be more challenging than dealing...
Read More

9. What’s in a Name? From “Settlement Statement” to “HUD-1” to “ALTA” Back to “Settlement Statement”

“The More Things Change” Department Once upon a time, when I started selling real estate in 2002, the worksheet that Buyers and Sellers signed at closing was simply known as . . . the settlement statement (or just the closing worksheet, to avoid any jargon). Then it became the “HUD-1” (HUD stands for “Housing and Urban Development,” the federal...
Read More

10. The Catch With TNAS (“Temporarily Not Available For Showing”)

Barring the Door . . . to Everyone; 2 Pro’s — & (at Least) 1 Big Con Once upon a time, homes that were under contract, but not yet past inspection, were flagged on MLS with the suffix, “Sold, subject to inspection” (“SSI” for short). Then, that got truncated to just “i” — as in...
Read More

Archives