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housing market

Minneapolis Waits for Dark

Minnesota Governor Tim Walz: We’re ‘Under Assault’ From Outside Agitators.” –Star Tribune headline (May 30, 2020). [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.] The unbelievably beautiful weather in...
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Post-Pandemic Economic Recovery: Pick Your Symbol

Candidates (so far): U-shaped, V-shaped, W-shaped, Nike Swoosh, Backwards Check Mark, L-shaped, and Square Root
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“Changing the Closing Date” Multiple Choice

Contractual Assent . . . and a Veto Power [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.] To successfully change the closing date of a home sale, which...
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Post-Inspection Home Seller (& Listing Agent) Lament: “Why Haven’t I Heard from the Buyer??”

Deafening Silence: When Hours Seem Like Days The inspection was completed, but the Buyer has been uncharacteristically incommunicado. What’s the likeliest explanation? A. The inspection was a disaster, and the Buyer intends to back out. B. The inspection went fine, but the Buyer got cold feet anyways  . . . and intends to back out. C.  The...
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“Substantially the Same Condition,” Defined (Sort of)

Standard for Buyer’s Walk-Through Inspection [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.] “Buyer has the right to a walk-through review of the property prior to closing to...
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Not “Fessing to a Tandem Garage

Bad Call? The best way to sell a house is to exceed Buyers’ expectations (plus dangle a tempting price, and stir up lots of “pre-list” and “new list” buzz). The corollary? “The best way to lose a Buyer is to disappoint them.” —-Ross Kaplan, “Realtor Sales Secrets”; City Lakes Real Estate Blog. Is it a mistake not to...
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