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Minneapolis Realtor

Can Home Sellers Electronically Eavesdrop on Buyers Viewing Their Home?

The Homeowner-Spy [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.] RECORDING ON THE PROPERTY:  Seller understands that MN Statute 626A.02 specifically prohibits the interception of oral communications without the...
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The “On-Hold” Home Negotiation: Is There Really a Family Emergency?

Hurry Up & Wait, or, Maneuvering for Multiples? A hot, new listing that met all your client’s criteria — location, price, home style & size — just came on the market. You and your client hustled to see the house, then — after reviewing the Comp’s and touching base with the Buyer’s lender — immediately went...
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Eating Habits of Primates in the Wild vs. Captivity

Not-So-Subtle Clues Animal biologists who want to understand wild animals’ habitat and diet study their droppings (other names:  “scat,” “poop,” etc.). Fortunately, modern-day parents of teenage kids have an easier option:  examining their kids’ bedroom waste baskets (a very fringe benefit of being my household’s designated garbage collector). I did the other day ” and it wasn’t a pretty...
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Parsing Amazon’s Q2 2017 Results (Pssst! Don’t Bother Calculating the P/E Ratio)

Loss Forecast for Q3 Imagine a company that just reported quarterly sales of $38,000, of which a scant $197 was actual profit. Imagine further that the company went on to forecast that, while sales would continue to grow, its already skimpy quarterly profit would actually flip to a loss the next (current) quarter. You wouldn’t exactly...
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Realtor Postcard: “Call or Text Me to Get Your Free July 2017 Report on Neighborhood Home Prices”

Fishing For Sellers, or, Not Offering Consumers What They Think They’re Being Offered No, the agent trolling for new business isn’t offering to tell homeowners (and presumably, prospective Sellers) what their home is worth. Depending on the property’s features, price point, and location, that can take an experienced agent a couple of hours. No, what...
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The Bad News About “I’ve Got Good News & Bad News”

Slim Silver Linings Call me a slow learner (at least on this one). But, I just figured out that — when someone says, “I’ve got some good news and I’ve got some bad news” — the bad news is always way worse than the good news is good. No? P.S.:  Good agents deliver good news...
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