Overwhelmed Listing Agents Improvise to Communicate with Buyers’ Agents Once upon a time, the “Agent Remarks” field on MLS was used to supplement the marketing verbiage in the “Public Remarks” field.** That is, if it was used at all — listing agents (representing Sellers) often simply copied-and-pasted their Public Remarks into Agent Remarks. Now? Especially...Read More
“Signed (Electronically); Sealed; & (Constructively) Delivered” [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.] “Final acceptance” sounds like something that happens in a hospice, or perhaps what Woody...Read More
When Lightning (the good kind) Strikes Does love at first sight happen in real estate? Absolutely. However, I’d say it occurs less than 10% of the time. When it does, though, you know it: like lightning striking, the Buyer ” or Buyers, if it’s a couple ” immediately have a changed look in their...Read More
“Who Ya Gonna Call?” (When an Offer Comes In) As a Buyer’s agent, how can you tell if the listing agent (representing the Seller) is taking your client’s offer seriously? They call the Buyer’s lender ” specifically, the lender on the Buyer’s Pre-Approval letter ” and verify key information. Like, whether they’ve previously worked with...Read More
“Highest & Best,” Defined [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.] With scarce inventory and low rates once again spurring multiples offers in the Twin Cities now,...Read More
“Real Estate Terminology 101” One of the confusing things about residential real estate is that, once a deal closes, the Buyer’s Agent is called the “Selling Agent.” Isn’t the Listing Agent, representing the Seller, the “Selling Agent?” Well, no. Think of it this way: the Buyer’s agent is selling something ” actually, two things: One....Read More
