“Opt-Out” Option for Home Sellers [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.] “Seller understands the prospective buyers and others authorized to access the Property may record the Property...Read More
How to Get Out of “Customer Service Purgatory” Want less of something bad? Tax it. Or fine it. So, aggressive phone solicitations have been dramatically slashed by federal legislation establishing “Do Not Call Lists,” and fining transgressions. Of course, if you truly want zero of something . . . make it illegal (prostitution, meth, etc.)....Read More
Listing Agent Retort: “I’ll Tell You Right After You Tell Me How High the Buyer is Willing to Go” You (almost) never hear a listing agent (representing a Seller) say to a Buyer’s agent at the outset of negotiations: “let’s cut to the chase; what’s the most your Buyer will pay for my client’s property?”...Read More
Edina Realty’s Proactive Approach to Avoiding Litigation [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.] Just to be clear: “The Grim Reaper” isn’t my name for Mr. Hill — that’s what he calls himself. That’s because no Realtor...Read More
Ala Carte Disclosure vs. “All or Nothing” Unlike, say, Minnesota’s mandatory Seller Disclosure, home sellers in multiple offers have complete discretion over whom they tell. To be sure, the default is telling everyone: the more Buyers competing for a home, the higher the price (at least usually). That’s why Edina Realty’s standard listing contract states...Read More
Home Buyer — and Buyer’s Agent — Beware According to reliable sources (as they say), it’s officially now happened at least twice in the Twin Cities: a homeowner with electronic monitoring eavesdropped on Buyers viewing their home during a showing — and what they overheard influenced their selling decision. Surprisingly, the overheard comments cut both...Read More
