Definition, Please Realtors use the term “Chef Kitchen” all the time (sometimes further embellished with the adjective, “Gourmet” — as in, “Gourmet Chef Kitchen”). But, after almost 17 years selling homes, I’m still not sure that I have a good definition, except that: a) it’s big; and b) it’s full of high-end features and appliances....Read More
4 BR/3 Bath Colonial Just Blocks From City Lakes What: 4 Bedroom/3 Bath two-story Colonial with 2,650 finished square feet on a gorgeous, level .20 acre lot. Where: 2851 Huntington Avenue South in Fern Hill; about four blocks southwest of Cedar Lake, and one mile west of Lake Calhoun. When: closed Tuesday (Sept. 25); days on market = 37....Read More
Instant (Away From) Home Office My druthers when I’m on the road and need to work is to find the closest Berkshire Hathaway office. As a Realtor at Edina Realty, a Berkshire Hathaway subsidiary, all I need to do is present my ID, sign in, and — Voila! — instant office. But, when that’s not...Read More
Question #2: How Realistic Is It That They Will? Normally, Minnesota home Buyers and Sellers decide when they negotiate the Purchase Agreement whether they will handle any post-closing disputes through arbitration or litigation. If the parties are amenable to arbitration, they both sign an Arbitration Addendum (their agents, too). Alternatively, if only one party — or neither...Read More
Is There a Statute of Limitations on Asterisk Clauses? [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.] For the uninitiated, an “asterisk clause” Purchase Agreement — invariably for a home...Read More
Good Journalistic — and Realtor — Technique (vs. Parent of New College Student) Good journalists — and Realtors! — know that the key to eliciting information is to pose open-ended questions rather than closed-ended questions. So, savvy listing agents debriefing Buyers’ agents ask, “What did your client like most/least about the home?,” not, “How did...Read More
