Advice to Would-Be Home Sellers on Dual Agency: “Don’t” [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.] If your prospective Realtor won’t agree to adding the clause above to...Read More
[Editor’s Note: I’m glad to report that, effective next year, the National Association of Realtors is tightening the rules on so-called pocket listings. I first criticized the practice on this blog more than eight years ago(!) — the post below originally appeared May 18, 2011. Please note that the views expressed here are solely those...Read More
“Shhh! Don’t Tell Anyone My House is for Sale” “Listing agent will not also represent Buyer.” —Clause added to every listing contract I sign. [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway (“Berkshire”), or any other entity referenced. Edina Realty is a subsidiary...Read More
High Quality Problems For an Agent to Have [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.] Which of the following roles pose a potential conflict of interest for a...Read More
Trying to Keep the Playing Field Level “As you are no doubt aware, allowing a showing on your listing while it is in TNAS (Temporarily Not Available for Showing) status is a NorthstarMLS rule violation. We have changed the fine for this violation to the List Agent from $100 to $1,000. This reflects its more...Read More
Choosing Sides (Or Not) [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.] No one asked me, but I know how to bring the practice of “single agent dual agency” ”...Read More
