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definition

“Bay” vs. “Bow” Windows

Difference With a Distinction My hunch is that most people (including Realtors) don’t know the difference between “bay” and “bow” windows — and therefore use the terms interchangeably. For the record, “bow” windows are curved (like the bow in “bow and arrow”). By contrast, “bay” windows have a series of (obtuse) angles (that is, between...
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When is Counting to Five a Challenge? When They’re Business Days, & July 4th Falls on a Weekend

Real estate agents putting together deals this week have an extra challenge:  getting the timeline in the Inspection Contingency right. The convention is for Buyers to do their inspection within five business days of Final Acceptance (when the Purchase Agreement is officially “signed, sealed, and delivered”). But with July 4 on Saturday this year, that...
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Shouldn’t This Guy Really Be the Defendant?? Former AIG Chair Hank Greenberg’s Lawsuit (and Now Appeal!) Against the Feds

Don’t Hold Your Breath Waiting For an Apology [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.] Your company’s breathtaking recklessness, greed, and — above all — stupidity(!) blow a $200 billion hole in its balance sheet, threatening the global...
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Why “Indifferent” Doesn’t Mean What You Think it Does

Advice to Buyers Competing For a Home in Multiple Offers When most people hear the word “indifferent,” they immediately think, “apathetic,” “doesn’t care,” or perhaps, “not engaged in the outcome.” But the truth is — especially in business — someone who’s indifferent between two outcomes can be intensely interested in which one occurs. It’s just...
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Why Gossip is Actually Good (& You Shouldn’t Feel Guilty Reading “People” Magazine)

“La-shon ha-ra“ (Hebrew for “evil tongue”) :  speech that says something negative about a person or party, is not previously known to the public, is not seriously intended to correct or improve a negative situation, and is true. Statements that fit this description are considered to be lashon hara, regardless of the method of communication that...
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