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housing market

57 Photos on MLS, Only 14 Captions (Huh?!?)

Seeing Double — or Quadruple! With MLS now allowing unlimited online photos, some listing agents are going nuts, uploading literally 50, 60, or more photos per listing. While that might make sense for sprawling, upper bracket properties, how many different photos can you take of an average-sized — or small — property?? Question #2: How...
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“Townhome Alternative,” Deciphered

“Three Bedrooms NOT on One Level” Every once in awhile, you see a single family home being touted by the listing agent as a “townhome alternative.” What do they mean? Features At least to this Twin Cities Realtor, it’s shorthand for a detached home with many of the following attributes: —Around 2,000 to 2,500 square...
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(Overlooked) News Flash!! Salt Lake City Area Hit by 5.7 Earthquake

  Coronavirus! Pandemic! Stock market crash! Healthcare system overload! Nightmare in Italy! Whole cities (NYC) and states (CA) in lockdown! Flatten the curve – NOW!! How chaotic has the last week been been? Sufficiently crazy that an earthquake near Salt Lake City — 5.7, this Wednesday — seemingly couldn’t penetrate the din. If aliens ever...
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How a Pandemic Can Cause a Cash Crunch

Corporate Lines of Credit: ATM’s for Business [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.] To understand the stress on the financial system now, start with millions of people...
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Dear Home Seller: “Neither I Nor My Client Are Exhibiting Cold/Flu-Like Symptoms”

“The Home Showing Honor System” COVID-19: Due to nationwide concerns about COVID-19 and as a courtesy to home sellers, please do not schedule showings if the buyer’s agent or buyer exhibits cold/flu-like symptoms or meets any of the criteria for self-quarantine mandated by the Centers for Disease Control and Prevention. By proceeding with scheduling a showing,...
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Real Estate Sales During a Pandemic: Hand Sanitizer, $75 Drone Shoots, and “Covid-19 Clauses”

“Outside the Reasonable Control of the Delayed Party” [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.] At least one Twin Cities broker — Edina Realty — is now including...
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