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backfire

Multiple Offers and Asterisk Clauses (aka “Escalation Clauses”)

How to Suddenly Go From Two (or More) Buyers to None [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.] Thanks to practically zero inventory — and almost zero...
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Multiple Offers and Asterisk Clauses

How to Go From Two (or More) Buyers to None Multiple offers are such a fixture of the Twin Cities housing market these days that Buyers’ agents need to be on their “on their game” (and then some) if their clients are to have a shot of prevailing. Meanwhile, listing agents (representing Sellers) are almost...
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Confounding Conventional Wisdom on Kitchen Remodels

First Rule of “For Sale” Home Prep:  Consistency Fellow blogger and Twin Cities Realtor Teresa Boardman has a nice piece explaining why Kitchen remodels can backfire on would-be home sellers. See, “Kitchen Remodels That Hurt Resale.” In addition to Boardman’s two reasons, I’ve got two more: One.  The owner did a great job remodeling the...
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