Long-in-the-Tooth Listings Even in a Seller’s market where listings vanish in the blink of an eye, they’re out there: homes that have been on the market, through rain and shine, winter and summer, seemingly year after year. What gives? Or perhaps more to the point, is there an opportunity to be had? “Days Years on...Read More
[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.] As I tell clients, the second most important date in a residential Purchase Agreement is the Written Statement deadline (the most...Read More
[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. Berkshire Hathaway is the ultimate parent company of Edina Realty.] Aficionados of Warren Buffett’s annual missive to shareholders (I’m one) will recall that last year’s included a doozy: Buffett’s advice...Read More
New Construction in St. Louis Park’s Lake Forest Neighborhood — and Lots of Renovation & Expansion Nearby “Instead of teardowns, the focus in St. Louis Park has been on home renovation and expansion. St. Louis Park is definitely an area where people are willing to invest. We see this in the area near our office...Read More
Going through a 1940’s Lake Nokomis home this week, my Buyer spotted something upstairs that raised her (and then my) eyebrows: the floor tiles didn’t match in a couple of places. Especially if the home has an older roof, that can be a sign of previous leaking directly above the affected areas. In this case,...Read More
Why Homeowners Let the Competition Look (or Should) Wait a second: Don’t Buyers’ agents represent Buyers at a preview? (in contrast to a showing, a preview is when just the Realtor views the home). And exactly how does an agent represent the Seller of the home they’re previewing — don’t they already have an agent? (called “the listing...Read More