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Minneapolis Realtors

Unfair Incumbent Advantage? Sort of

I’m Pretty Sure the Old Survey Isn’t Stored on a Flash Drive I’m handling an Edina home sale now where the owner needs to get an updated survey. My client asked if I had any names (I do), but then it occurred to them to see who did the now 72(!) year-old survey, from 1942....
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Housing and the 2016 Presidential Election

Buy/Sell Now or Wait? With the November election finally(!) on the horizon, at least some Buyers and Sellers are trying to decide whether market conditions — and by market conditions, most observers mean interest rates — will be more or less favorable once U.S. voters have spoken. The dilemma:  whether to act now or wait....
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Post-Memorial Day/Pre-Camp: The Storm Before the Calm

Parental Priorities:  (Temporary) Lull in New Listings, at Least for Families With School-Age Kids For parents of school-age kids, the next week is, shall we say, “transitional.” Gone is the schedule that has held sway, more or less, since last Fall. In its place . . . it all depends. Summer Camp . . . Summer...
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Real Estate Clichés & How to Avoid Them

“Not a Drive-By!”  “Must See!”  Yada, Yada, Yada One of my favorite Mad magazine cartoons (circa 1970) shows a vendor in front of a food stand with the following sign:  “turkey burgers,” “chicken burgers,” “buffalo burgers,” “tuna burgers,” “veggie burgers,” etc. etc. The caption:  ‘we have some with ham, too, but we don’t know what...
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Estimated Home Values According to CoreLogic, or, “Throwing Darts By Any Other Name”

  Estimates So Broad You Could Drive a Truck Through Them [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.] RealAVM:  $859,828 RealAVM Range:  $662,068 to $1,057,588 Confidence Score:  66 Forecast Standard Deviation:  23 –Excerpt, MLS If you only...
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Translating Realtor-Speak

English, Please! “LL/BR is non-conforming. Lkbx on Bk dr. Frnt prch/crftsmn wdwrk/tiled bath/gleaming Maple flrs/HVAC-elect ’11, oven ’14/lrg walkin closet/maint-free ext./prof lndscpng/gorgeous 3 seas porch! Wkshp in gar.” –Excerpt from actual MLS listing. With only 500 characters and spaces in MLS’s Agent and Public remarks fields, there can be a temptation for overzealous listing agents (representing Sellers)...
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