Is the Buyer Short of Cash? Not Committed to Deal? [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.] Normally in Minnesota, the Buyer’s earnest money is due to the...Read More
“You Know What They Meant” Department Among the hundreds of “spam” emails intercepted by my email filter each week was one the other day with this subject title: “Contract is singed and we are ready to proceed.” Not recognizing the sender ” and having no in-progress deals about to go up in smoke ” I...Read More
True or False On top of the “payout” commission listed on MLS, Sellers will sometimes dangle an extra incentive for Buyers’ agents. The most common (and straightforward) is simply a cash bonus, payable upon successful closing. How smart is that ” and in what situation(s) is that most effective? Read through the following three scenarios,...Read More
[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.] Heads up, 2019 Minnesota home buyers! Anyone who purchased an owner-occupied property in Minnesota in 2019 — and occupied the property...Read More
Listing Agents Who Call the Buyer’s Lender 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 the Buyer;...Read More
“A lie can travel half way around the world while the truth is putting on its shoes.” —Mark Twain Once upon a time, unscrupulous people were said to “push” or “peddle” lies. In an era of ubiquitous fake news, apparently that’s not energetic enough. Now, if a lie is to get anywhere (never mind “around the...Read More
