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housing market

“Detached Townhome” vs. “Single Family House”

MLS Style Category Definitions 1. (SF) One Story (ONEST) One story single-family house 2. (SF) One 1/2 Stories (ONEHF) One 1/2 story single-family house. Second floor only has adequate ceiling height in a portion of it. 3. (SF) Two Stories (TWOST) Two story single-family house. Has adequate ceiling height throughout upper story. 4. (SF) More...
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Why is the Buyer’s Agent Called the “Selling Agent?”

“Real Estate Terminology 101” One of the confusing things about residential real estate is that, once a deal closes, the Buyer’s Agent is called the “Selling Agent.” Isn’t the Listing Agent, representing the Seller, the “Selling Agent?” Well, no. Think of it this way: the Buyer’s agent is selling something ” actually, two things: One....
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Buyer’s Agent: “Please Keep Me in the Loop”

Realtor-Speak, Translated I don’t know about other listing agents (representing Sellers), but I have to suppress an eye roll when, following a showing, the Buyer’s agent contacts me and asks to be “kept in the loop” if something happens. That “something,” of course, is another offer. Sometimes, Buyers need a day or two to put...
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“Socialists?!? I LOVE Socialists!”

Channeling Emily Litella (and Gilda Radner) For obvious reasons, humor is in short supply right now. Which is precisely why it’s so important. If Gilda Radner were still around — and it’s hard to believe it’s been 31(!) years since she was — I know exactly how she’d update her classic SNL bit: righteously indignant-but-befuddled...
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How to Stage a Closet (at least, in a vacant home)

“The King Staged Closet Has No Clothes” Conventional staging wisdom when it comes to closets (yes, there is such a thing, at least for a walk-in master closet in a more expensive home) is that two-thirds full is optimal. Less than that, and the closet looks too empty; more than that, and it looks too...
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Which President Does Donald Trump Most Resemble? Hint: He Also Took Foolhardy Health Risks & Couldn’t Stop Talking

Trump’s Presidential Forebears [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.] In almost 3 1/2 years in office, President Trump has variously invoked Lincoln, Washington, FDR, Bill Clinton, George W. Bush, and Obama (especially Obama) to make...
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