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housing market

Just Listed! Spacious 3 Bedroom/2 Bath Lilydale Condo

Not a Drive-By!!! What: 3 Bedroom/2 Bath Lexington-Riverside condo with 1,470 square feet, plus 3-Season Porch.** Where: in Lilydale (adjacent to Mendota Heights) on the Mississippi River, 5 minutes from the Airport. When: on the market Friday (5/17/19). How much: $265,000. Who: listed by Edina Realty – City Lakes’ Ross Kaplan. The brick-and-stone front of...
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Realtor Conflicts of Interest: Multiple Choice

High Quality Problems For an Agent to Have [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.] Which of the following roles pose a potential conflict of interest for a...
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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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Handling Multiple Offers: Old vs. New School; or, From “Must See” to “Must See QUICKLY!”

Listing Agent Hubris(?): Pre-Announcing Multiple Offers “This is a MUST SEE QUICKLY! It will not last, priced to sell quick and/or in multiples.” –Excerpt, recent new listing in Eden Prairie. “Seller allowing showings to start on Friday. All offers to be reviewed on Monday noon. Priced to sell to best offer on Monday.” –Excerpt, recent...
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The Difference Between “Negotiating” and “Haggling”

Negotiating is a crucial part of any deal, and lays the foundation for a clear, enforceable contract. Haggling is . . . an annoying waste of time. What’s the difference? Exactly two decimals. $10,000 vs. $100 So, a $10,000 item on a $250,000 house is the stuff of negotiation. A $100 item (or less) is haggling. (Note: accountants’...
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“Minnesota Twins”

Look closely and you’ll see not one but two trunks at the base of this tree, about 1/2 mile west of Minneapolis’ Cedar Lake in St. Louis Park’s Fern Hill neighborhood. The tree ” make that tree(s) ” command a key intersection, which give passing motorists (and pedestrians) a treat this time of year. P.S.: a...
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