“Screened Porches” vs. “3-Season Porches” vs. “4-Season Porches” [Note to Readers: 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.]. Quick! Which kinds of porches are included in a home’s finished square...Read More
Doesn’t “FD” Stand for “Fire Department??” Things should be made as simple as possible ” but not simpler.” —Albert Einstein I’m all for making things simpler when it comes to real estate terminology. But, there comes a point where it . . . becomes kind of silly. Exhibit A: showing instructions that refer to the...Read More
Price Range: $650k to $1.3 Million [Note to Readers: 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 of Berkshire.] Realtors quickly learn that valuing homes by the square foot doesn’t work. That’s because the...Read More
Different Homes, Different Buyers It may seem counter-intuitive, but just because two “For Sale” homes share the same block and are listed for the same price, doesn’t necessarily mean they’re direct competitors. In fact, I can think of at least two scenarios where there’s virtually no overlap in the pool of prospective Buyers considering both...Read More
Square Pegs into Round Irregular Holes Due to unique shapes of rooms — measurements may vary — please measure if buyer wants exact measurements of L-shaped rooms.” –Excerpt, MLS “Agent Remarks” field. The input field on MLS for room sizes asks for two numbers: the room’s width and its length. Which works great if a...Read More
What Realtors Routinely Get Wrong; or, “How Come There’s No Such Thing as a 2-Season Porch??” If Realtors routinely confuse the various types of porches . . . I don’t know what chance a layman has. Perhaps that’s why, as a public service for Twin Cities Realtors, the local MLS has a post describing the...Read More