“This Offer is Only Valid Until Noon, January 16” [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.] At least in Minnesota, where I sell real estate, deadlines are incorporated...Read More
Bracing for “Super Bowl Stupor” in the Twin Cities Especially if the Minnesota Vikings are in the Super Bowl — held in Minneapolis February 4 — it’s practically guaranteed that little else will happen here the week or so before (and if they should win, the week after! 🙂 ). Which begs the question: should...Read More
Consumer Psychology and the Too-Precise Price When you see an oddly-priced “For Sale” home, there are two possible explanations (at least in my experience selling residential real estate): One. Drawing Attention. The way to stand out from homes listed at $389,900, $399,900, etc. is to price at $398,731 or some such (I haven’t seen a home...Read More
Outsource vs. Do-It-Yourself; Racing the Inspection Clock (or Not) True or false: the $10 home radon tests sold at home improvement stores (Home Depot, Lowe’s, etc.) are less reliable than the $200+ tests performed by professional home inspectors (note: the do-it-yourself kits also charge a $35 lab fee for normal processing turnaround, for a total...Read More
Actions > Words, Real Estate Edition So, how do you tell if a home Seller is motivated? Test your knowledge of the housing market, and identify the correct answer(s) below: A. The home is realistically priced; B. If the home hasn’t sold after a reasonable amount of market time (depends on price point, home attributes),...Read More
Caution: Only Use if True Want to know the single most compelling pitch a Buyer can make to a prospective home Seller, especially if negotiations are at an impasse? This one: “I’d love to buy your home for $___ . If that’s acceptable, please let me know by [time]. Otherwise, I plan to make an...Read More
