Marketing Theory: Absence of a Negative = a Positive Although Minnesota has been ramping up its radon disclosure requirements for several years now, it wasn’t until last week that I actually saw a (new) radon remediation system touted in an MLS listing. I think there’s a good reason for that — “that” being no other...Read More
Doing a Colleague a BIG Favor What do you do if you’re a busy Edina Realty agent (OK, me) whose Buyer client needs to meet a contractor at a St. Paul home they’re inspecting, at the same time you’re obliged to host a Broker Open across town? When you work for the Twin Cities’ biggest (and best!)...Read More
High Winds, +2″ Rain in Twin Cities Last Night A LOT of recent Twin Cities home buyers will be asking whether their Seller is liable for their suddenly wet basement in the wake of last night’s deluge (as much as 3″ of water in some the west ‘burbs). Many basements that never had water, now do;...Read More
Deafening Silence, Post-Inspection: When Hours Seem Like Days The inspection was completed, but the Buyer has been uncharacteristically incommunicado. What’s the likeliest explanation? A. The inspection was a disaster, and the Buyer intends to back out. B. The inspection went fine, but the Buyer got cold feet anyways . . . and intends to back out....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
What’s in an Adjective? A LOT It may seem like a subtle distinction, but home sellers are a LOT safer billing their “new” Kitchen as simply “newer.” The difference? Buyers purchasing a new Kitchen might reasonably expect to see paid receipts. So might the appraiser representing the Buyer’s lender, once the deal advances from inspection...Read More
