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definition

What Realtors Mean When They Say, “Let’s Get it On!” (It’s not what you think)

On What?!? So, what do Realtors mean when they say — with not a little frustration — “let’s get it on?” Here’s a hint:  the more accurate line is, “let’s get it on already!,” and the person the (listing) agent is talking to is their client and would-be home seller. If that’s not obvious enough,...
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2 Bedroom/2 Bath Minnetonka Townhouse with Roommate Layout (“Roommate Layout??”)

5482 Sanibel Drive in Minnetonka So, exactly what does the listing agent — Sandal Hart in Edina Realty-City Lakes’ office — mean by “roommate layout?” The “Agent Remarks” section on MLS explains:  “TWO large master suites, both with walk-in closets and private full bathrooms (unique “roommate” design).” NOW I get it. And Sandal is correct: ...
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Counteroffers vs. Addenda vs. Amendments in Three, Easy Symbols

                        <    +     Î”   [Editor’s Note:  Nothing in this post or on this blog should be construed as offering legal counsel.  If you require legal advice, please consult an attorney.] If you want to skip my post, “Counteroffer vs. Amendment vs. Addendum” and cut to the chase, here it is, in three...
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Turning the Tables On Buyers Who Want to Buy Contingent

MLS:  “An Offer Has Been Accepted Contingent Upon:  Sale of Another Property” In a non-Contingent offer — also just called a regular offer — the prospective home Buyer represents that they can perform (= pay) without first having to sell another home. Ergo, a Contingent offer is one in which they have to sell their current home...
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Christmas — and TNAS — Season

Chances of Selling: “Possibly” vs. “0%, 100% Guaranteed” “In the land of the blind, the one-eyed man is King.” –proverb The real estate corollary to the proverb above? “During a time of year when inventory of good homes is depleted, and lots of “For Sale” homes are temporarily off the market (“TNAS,” or Temporarily Not...
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“Distressed Jeans” — Their Definition . . . and Mine

Or Maybe They Should be Called “Dismaying Jeans” Yeah, yeah, I know what fancy-schmancy retailers mean when they refer to “distressed jeans”:  jeans whose various holes and patches somehow make them look chic — and worth a huge mark-up (also referred to as “vintage clothing” in some quarters). My definition of “distressed jeans” is a...
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