Minnesota Realtors Get With the (Post-August 1) Program What’s one of the best signs that the Twin Cities housing market is back at full throttle, post-Labor Day? (and back-to-school). It’s purely anecdotal, but my answer would be that this post, “Sneak Peak: 2017-2018 Minnesota Real Estate Contract Changes,” is getting more play (read, hits) on...Read More
Weighing the Relative Risks of Action, Inaction Oddly, one of the best arguments I’ve ever heard for The Precautionary Principle — in Tom Friedman’s NYT column yesterday, titled “Trump’s Folly” — never once mentions the term. No matter. Here’s the idea: when considering a response to a looming threat, ask which way the risk(s) cut: ...Read More
The Email No Prospective Buyer — or Their Agent — Wants to Get Your frustrated client finally found something they’re excited about. Everyone rearranges their schedule to see the property ASAP. Then, just before the showing, the Buyer’s agent receives an email from the listing agent (representing the Seller) that they’ve received an offer. #$@%!#!...Read More
The “I Decline to Initial” Buyer’s Initial Form: “Agency Relationships in Real Estate Transactions” Date signed by Buyer: June 22, 2017 Form: Purchase Agreement Date signed by Buyer: June 22, 2017 What’s wrong with this picture? It runs afoul of Minnesota Department of Commerce guidelines, which provide that prospective Buyers’ agents are supposed to discuss...Read More
Buyer’s Inspection Timetable: From “5-2-1” to “10 Days” I don’t know about jury verdicts, but as a listing agent representing Sellers, hearing from the Buyer’s agent immediately after the home inspection is almost invariably bad. The usual explanation: the inspection turned up one or more deal breakers, and the Buyer is canceling. That said, waiting too...Read More
Top Twin Cities Realtors Identified Mpls. St. Paul Magazine and Twin Cities Business just notified local agents who’ve been nominated for their 2017 “Super Real Estate Agent” award. I’m delighted to report that I’m on the list — for the 10th year in row! According to the magazines, “more than 12,000 recent homebuyers, along with Mpls....Read More
