Price & Other Terms What is the Seller’s objective in multiple offers? If you said, “obtain the best offer,” you’d only be half-right; the better answer is, “obtain the best offer from the strongest Buyer.” “Eyes on the Prize” (Closing) That second, broader criterion takes into account not just the selling price, but such things...Read More
Monetizing a Mother-in-Law Apartment (Maybe) Are Twin Cities homeowners renting out their homes and extra bedrooms on Airbnb? Undoubtedly. In their capacity as listing agent (representing the Seller), should Realtors be touting a home’s (short-term) rental potential? I’m not so sure. Municipal Zoning That’s because I have no idea what local zoning codes say about weekly or...Read More
Chaperoned Showings: “Listing Agent Must Be Present For All Showings” It certainly CAN be a negative when a “For Sale” home — usually upper bracket — has restrictive showing instructions (other variants: lengthy advance notice; financially pre-qualifying Buyers; no previews; and/or no public open houses — ever). It’s also usually a “no-no” for a listing agent...Read More
28 Showings in 2 Months Whatever their shortcomings may be, the agent who generated 28 showings for their listing client in less than two months isn’t a lousy marketer (note to non-Realtors: that’s A LOT of showings — at any price point). And yet, the Realtor’s client reportedly wasn’t happy with them. What gives? The...Read More
Disclosure Standard: “To the Best of Seller’s Knowledge” [Editor’s Note: if you’re tired of Halloween-themed posts . . . skip this. Back to non-Halloween subject matter soon, promise. The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced.] Do a cursory search...Read More
Only 2 Ways to Wipe the Slate Clean on an Old(er) Listing Once upon a time, misbehaving kids in high school were told that, if they didn’t shape up, their misdeeds “would go on their ‘permanent record.'” Adults know that there’s no such thing (unless you count credit scores). But, there’s something very much like a...Read More
