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Housing Market Trends

The Listing Agent-Cum-Investigative Reporter

The Home Seller — Realtor Interview (aka “Listing Presentation”):  What Agents Need to Ask Homeowners [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. If you need legal advice, please consult an attorney.] When it comes to listing presentations ”...
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What’s For Sale . . . in St. Louis Park’s Fern Hill Neighborhood

A Fern Hill Primer ” Plus, the Neighborhood’s Two Distinguishing Features There aren’t too many Twin Cities neighborhoods that include both 1950’s ramblers for $300k and ” less than one mile away ” custom, upper bracket Contemporaries with gorgeous views of Cedar Lake and the Downtown Minneapolis skyline commanding close to $3 million (for 2545...
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“One-Time Showing Contract” Confusion

Conspicuously Missing Term: Asking Price [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. If you need legal advice, please consult an attorney.] One of the more confusing contracts in residential real estate is what’s called a “One-Time Showing...
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When It’s OK for Home Sellers to Refuse a Showing Request

“Just Say “No!'” (or, “Tomorrow Works Much Better”) As a rule, the more accessible a home is to prospective Buyers . . . the easier it is to sell. But, that doesn’t mean Sellers can never say “no” ” either to a showing request, or, to a Buyer (and their agent) literally standing in their...
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Home Seller: “Can I Get More For My House If I Put On a New Roof?”

More than WHAT? My short answer to the question, “can I get more for my house if I put on a new roof?” is, “yes, you can.” That is, if by “more,” you mean, “more than what you could have gotten for the home without a new roof ” especially if the current one is...
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Passed Across the Closing Table: Keys, Garage Door Openers, Bike Chains (Bike Chains??)

Agent-to-Agent Closing Courtesy While the Seller is busy passing house keys, garage door openers, etc. to the Buyer at closing, guess what the Buyer’s agent often gives the listing agent (representing the Seller)? No, the correct answer isn’t, “a flask of whiskey”. Rather, it’s the listing agent’s lockbox. As a courtesy, Buyers’ agents will often...
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