Why Edina is in Such High Demand It shouldn’t come as surprise that, in a city where the average asking price for a single-family home is now $1.185 million, and the most expensive list price is $5.7 million, entry-level home prices will be dear, too. In fact, starter homes in consistently high-demand Edina begin around...Read More
Handwritten “Home Highlights” Nobody uses Post-it notes more than me. They’re on my desk, near my phone, in my wallet, and on my family’s fridge. I’d probably put them on my wrist if they stuck there. So, where don’t hand-written Post-it’s belong? Near a hand-carved fireplace mantel, custom moldings, or other high-end features in a...Read More
Warren Buffett Goes Green (Metaphorically) in 2018 Annual Berkshire Hathaway Shareholder Letter [Editor’s Note: 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.] What stood out (at least to me) in this year’s...Read More
Establishing ” and Testing ” Boundaries If you go to the Business section of any bookstore, you’ll see any number of books on negotiation titled, “Getting to Yes!,” “Win-Win Negotiation,” etc. In my experience, however, the key to effective negotiation lies not in getting to “yes,” but getting to “no.” steelOr perhaps more accurately: before...Read More
What’s a “1.5 showing?” When one partner in a couple has seen the house and likes it, and gives their partner a green light to take a look. Rules & Exceptions As a general rule, Realtors acting as a Buyer’s agent prefer that both (all**) decision-makers be present at all showings. That’s not only more efficient,...Read More
Return Home “To Do” List: Multiple Choice You’ve just returned to Minnesota, tired and hungry late on a Sunday night, from somewhere 50° (or 100°!) degrees warmer.** What’s the first thing you do upon arriving home via Uber? A. Check on your two teenage kids (presumably, studying in their rooms); B. Check on your dog....Read More