Challenge: Defining “First Substantive Contact” [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.] In an online, hyper-connected 24/7 world, when do Minnesota Realtors trip the threshold for delivering a required state disclosure to consumers? Called “Agency Relationships” and...Read More
Hearing it From Seller > Hearing it From Neighbors As advice to home Sellers regarding disclosure goes, it’s hard to beat, “tell what you know.” The other standard caution to Sellers is, “it’s not what you think is relevant, it’s what Buyers think [is relevant].” But, there’s an even more practical test. “Meet the Neighbors”...Read More
What Does the Seller Have to Disclose? It comes up rarely enough that even a former attorney (I am) needs a little back stopping from Edina Realty’s legal department. The question: what kind of easements do home sellers have to disclose to prospective buyers? That is, assuming they’re aware of them. As far as home transactions...Read More
How About Calling it a “Wine Shelter?” A colleague of mine has an upcoming listing with . . . yup, a bomb shelter, and is wrestling with how — or whether — to market that to prospective Buyers. Just out of curiosity, I did a quick search on MLS to see how many Twin Cities listings...Read More
