“Highest & Best,” Defined [Note to Readers: 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.] One of the more anguished — and fruitless — laments uttered by Buyers who just found...Read More

“Highest & Best,” Defined One of the more anguished — and fruitless — laments uttered by Buyers who just heard they lost in multiple offers is:  “But, I would’ve gone higher!” Then, they should have. The way “highest & best” works is . . . pretty much how you’d think. One round, highest and best...Read More