Multiple Offers x 2 You know a home is a hot commodity when it hits the market; immediately attracts multiple offers; has a deal fall apart; goes back on the market; then immediately goes into multiple offers again. Believe it or not, that exact scenario just played out in St. Louis Park’s Fern Hill neighborhood....Read More
Dangers of Dual Agency: Representing the Seller, and Angling to Represent the Buyer, Too [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.] I just went through a “For Sale” home on high-profile France Avenue near Minneapolis’ Cedar Lake,...Read More
“That About Covers It” Department The line, “owner occupant and investor offers welcome” sounds plausible enough. Then I stopped to think: is there another kind of Buyer?? Short answer: not that I’m aware of. I suppose “2nd home” or “vacation home” Buyer, if the property had been a lake cabin. But in this case the...Read More
“Price is What You Pay, Value is What You Get” . . . . When it Comes to Realtors, Too “Price is what you pay, value is what you get.” –Warren Buffett, Berkshire Hathaway Chairman (Note: Edina Realty is a Berkshire Hathaway subsidiary). When someone with a couple blocked arteries needs a heart surgeon, their...Read More
Who Pays? [Editor’s Note: Seller liability for ice dams and other home issues is case-specific, and affected by local and state law. For legal advice, please contact an attorney.] What a difference a year makes! Last winter, beleaguered Twin Cities homeowners contended with record snow and cold — and (tens of?) thousands of havoc-wreaking ice dams. See,...Read More
If “April showers bring May flowers” (as they say), what do near 50º temp’s and torrential rain in February — in Minnesota! — bring? Flooding. Especially when the ground is still (very) frozen, and there’s nowhere for the water to go. The scene above is directly in front of the Edina Realty – City Lakes office;...Read More
