Who’s on First?” ” Real Estate Edition [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.] Exactly what role(s) do licensees, principals, agents, subagents, brokers, dual agents, and facilitators play...Read More
I confess: until I encountered the term last week, I honestly thought that “pergola” was related to “arugula,” and went in salads. It’s not. Rather, it’s an archway-like structure — usually in a garden or backyard — that serves as a foundation for vines, ivy, or other climbing plants. See also, “‘Flatwork,’ Defined“; and, “Stuck...Read More
“Who’s on First?” — Real Estate Edition Exactly what role(s) do licensees, principals, agents, subagents, brokers, dual agents, and facilitators play in residential real estate in Minnesota? Consumers, I’m sure, have no idea. But their Realtor does. Moreover, it’s incumbent upon their Realtor to (briefly) explain it to them, at the beginning of the relationship. Step #2: document that they’ve...Read More