“Out With the Old, In With the New” [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.] To laymen, December 31 is known as New Year’s Eve. To Realtors, December...Read More
Conspicuously Missing Term: Asking Price One of the more confusing contracts in residential real estate is what’s called a “One Time Showing Contract.” As you might guess, unlike a Listing Contract, which allows the Realtor to market a home to the world, a One Time Showing Contract contemplates a deal with exactly one prospective Buyer. Key Terms In...Read More
Unsolicited Advice to Would-Be Home Sellers [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.] If your prospective Realtor won’t agree to adding the clause above to your listing contract...Read More
What Happens After the Listing Contract Expires? [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.] “Seller understands that the Seller does not have to pay Broker’s compensation if Seller...Read More
More Like, “The Witching Minute” At least when it comes to continuing education, the witching hour for Realtors is actually more of a minute: 9:16 a.m., to be specific. That’s when agents arriving for a course are told that they’ve missed the first 15 minutes, and won’t receive credit. Thankfully, me and several dozen Edina...Read More
Whole > Sum of Parts [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.] One of the (many) fringe benefits of working at the best office (City Lakes), at the...Read More
