Tag

buyer agent

Legal Pitfalls of “Coming Soon!” Listings (at least, for Buyers’ Agents)

Contractual Void [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.] With more listing agents incorporating “Coming Soon!” into their marketing campaigns, Buyers’ agents need to be ever-more vigilant. And...
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“I’m Not Buying It”: Realtor vs. Non-Realtor Definitions

To a non-Realtor, the expression, “I’m not buying it” roughly translates as, “I don’t believe your [obviously bogus] explanation.” To Realtors, however, the phrase means something much more literal. Namely ” at least when uttered by a Buyer’s agent ” “I’m not buying it” translates as, “I’m not buying the home . . . my client is.”...
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New Real Estate Trend: Buyers’ Lenders Who Market to the LISTING AGENT (Huh!?!)

Savvy Strategy for Getting Realtor Referrals Smart Realtors know that the most important people coming through weekend open houses aren’t necessarily checking out the house. Rather, they’re checking out them. Specifically, the open house visitors — often neighbors — want to see if the agent is doing a good job marketing the home, is knowledgeable, easy to talk...
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The Art of Saying Nothing: Realtors vs. CPA’s

“This side appears to be brown.” –What a CPA says, when asked the color of a horse standing in a pasture 50 feet away. “Buyer no longer interested in property.” –Buyer’s agent explaining why they canceled a showing. CPA’s (I used to be) and Realtors (what I’ve been for 16 years) are equally adept at...
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Nine(!) Types of Showings (according to MLS)

Conspicuously Missing:  The “I-Want-To-Meet-My-Interior Decorator” Showing Once upon a time, Buyers’ agents who wanted to get their clients into a “For Sale” home simply logged onto MLS; selected the home they wanted to show and the requested time and date; and clicked “submit.” No more. Now, MLS has a pull-down menu (above) listing no fewer than nine types...
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“When Being Close Counts”: Horseshoes, Slow Dancing, and — Occasionally — Multiple Offers

Deal Insurance for Home Sellers, or, “The Art of the Backup Offer” [Editor’s Note:  one of the perks — and pleasures — of working for a Berkshire Hathaway affiliate like Edina Realty is having office privileges in hundreds of locations around the U.S.  Like in Scottsdale, AZ, where I recently visited.  The post below was...
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