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housing market

Why Is it Called a “Knockdown” Ceiling?

Everything You Wanted to Know About Ceiling Finishes As best I can tell, the reason it’s called a “knockdown ceiling” is because calling it a “knock-off ceiling” would have been too confusing. What gets knocked off ” er, knocked down ” is the joint compound that’s first applied to the ceiling, and allowed to partially dry....
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“Changing the Closing Date” Multiple Choice

Contractual Assent . . . and a Veto Power [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.] To successfully change the closing date of a home sale, which of...
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“Student-Athlete,” “Realtor-Blogger,” and Other Oxymorons

Fake News vs. Fake Blogs “Those who know, don’t talk; those who talk, don’t know.” –Wall Street saying. “Those who sell, don’t blog; those who blog, don’t sell.” –Real estate corollary. Yeah, yeah, I know the knock on Realtor-bloggers (Exhibit A: yours truly): they — we –don’t actually sell real estate (or at least, not...
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Realtor True Confessions: Four Things Your Agent DOESN’T Know . . .

 . . . And Isn’t Likely to Volunteer “Fake it till you make it.” —Career advice to newbie real estate agents. In a hyper-competitive field where sales bluster is an ever-present temptation, real estate agents aren’t exactly the type to betray ignorance or confess a lack of confidence. And even consummate Realtors with years of...
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“Hey! Where’d That Nest Thermostat Go?!?”

2019-2020 Minnesota Real Estate Contract Changes [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.] Every August 1 (today!), the annual changes to Minnesota’s standard real estate forms go into...
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“Sold?” No, “Spoken For” (or if you prefer, “Under Contract”)

When “Sold” Doesn’t Mean “Sold” At least in Minnesota, when you see a “Sold” rider above a “For Sale” sign in front of a house, it doesn’t mean “Sold” ” it means “Pending.” Huh? The (admittedly confusing) convention is to pronounce a home that’s under contract and past Inspection ” but not yet closed ”...
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