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Uh-Oh! What Happens When a Tornado (or Earthquake, or Flood) Damages a “For Sale” Home Before Closing??

Short Answer: Buyer’s Call [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.] RISK OF LOSS: If there is any loss or damage to the Property between the Date...
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How to Get the REAL Scoop on a Busted Home Sale

[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.] If you want the scoop on a busted deal, a good starting point is the listing agent (representing the Seller)....
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Three Things Good Realtors Can Be Surprisingly Bad At

Ironically, the better Realtors get at helping clients buy and sell real estate . . . the worse they can get at certain related tasks. Here are three areas where it’s easy for agents to let their skills atrophy — or never acquire expertise in the first place: One. Market reports/updates. Show me a listing...
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Home Buyer: “This Offer is Only Valid Until Noon on Friday, April 9, 2021″

Purchase Agreement Deadlines, Expiration Dates, and (Other) Ultimatums [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.] At least in Minnesota, where I sell real estate, deadlines are incorporated...
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The Best Reason to Cancel an Open House on Broker Tour

Multiple Bad Reasons — and One Good One Homes scheduled to be on Broker Tour ” at least in the Twin Cities, from 11 a.m. to 1 p.m. each Tuesday ” get cancelled for all kinds of reasons. The Seller’s cleaner didn’t show up (or didn’t finish); someone in the household is unexpectedly home sick...
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3 Things Good Agents Can Be Surprisingly Bad At

Ironically, the better Realtors get at helping clients buy and sell real estate . . . the worse they can get at certain related tasks. Here are three areas where it’s easy for agents to let their skills atrophy ” or never acquire expertise in the first place: One. Market reports/updates. Show me a listing...
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