Dual Agency Dilemma #14 [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.] Never having represented both the Buyer and Seller in the same transaction (I consider it a...Read More
Left Holding the (Garbage) Bag: Reason #17 for Buyers to Do a Walk-Through Inspection It’s certainly possible that the weekly garbage collector will haul away all of the Seller’s junk, left curbside. But, I wouldn’t count on it. And neither should the Buyer. Instead, I’d negotiate either: a) a $500 escrow (holdback) from the sales proceeds,...Read More
Dual Agency Dilemma #17 Never having represented both the Buyer and Seller in the same transaction (I consider it a classic conflict of interest), one of the questions I have for agents who do act as dual agents is, “how do you navigate things like the Buyer’s walk-thru inspection? Provided for in the standard Minnesota Purchase...Read More
Dual Agency Dilemma #17 Never having represented both the Buyer and Seller in the same transaction (I consider it a classic conflict of interest), one of the questions I have for agents who do act as dual agents is, “how do you navigate things like the Buyer’s walk-thru inspection? Provided for in the standard Minnesota Purchase...Read More
Pro’s, Cons — & Pitfalls –“At the beginning (of the relationship), the developer had the experience and the insurance company had the money. At the end . . . the insurance company had the experience, and the developer had the money.” –“Possession is 9/10 of the law.” I heard the first line a couple lifetimes ago, when...Read More
