The “Can You Top THIS!?!” Spring 2021 Housing Market At least for now, the winner of the “Can You Believe How Crazy-Hot the Market Is!?!” contest is the Twin Cities home seller who reportedly sold their home a whopping 35 minutes(!) after it debuted on MLS. Under “Coming Soon.” Without a single showing.** And with...Read More
“Bookends” at Beginning, End of Loan Process [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.] As anyone who’s recently bought or sold a home in Minnesota knows, a...Read More
Bloomington Rambler Gets 56(!) Offers, Sells for 25% Over Asking Price If you’ve never been in multiple offers, here’s a quick shorthand: 2-3 is stressful; 6-8 is a three-ring circus; and more than a dozen is a proverbial zoo. So, I literally don’t know what to call what just happened at 800 E. 86th Street,...Read More
Assuming Two Risks, Not One [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.] If Buyers can waive a home inspection altogether (they can), it stands to reason they...Read More
Telltale Symptom: Wavy or Uneven Floors How do prospective home Buyers (and their agents) know that a home has pronounced settling without setting foot in the home? (note: foundation settling is usually benign ” up to a point ” and typically results in wavy or uneven floors). A. The settling shows up in the (online)...Read More
“Virtual” vs. “Analog” (In-Person) Showings I certainly understand the temptation — in a worsening Pandemic — to substitute a virtual home tour for the real thing.** But, prospective Buyers should be aware that there are some critical limitations. Here’s my “Top Ten” list of things that are difficult (if not impossible) to detect online: One....Read More
