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housing market

“Broker Tour Cancelled!” (Is That Good or Bad?!?)

Question #2: Good or Bad for Whom?? Is it good news or bad news that a home scheduled to be on “Broker Tour” ” essentially, open houses for local Realtors each Tuesday in the Twin Cities ” abruptly cancelled? Answer: it depends. It’s good news — at least for the Seller, if not frustrated Buyers — if...
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“Embellishing” Attendance at a Broker Open (Word of Advice: “Don’t’)

Reason Not to Lie #37 “Lying is hard, telling the truth is easy. By definition, every good Realtor juggles: multiple clients, dozens of showings, lots of parallel deals at varying stages. It’s hard enough keeping all the details straight and presenting them coherently to your client(s); not tripping yourself up in a web of lies...
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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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