Hire a Realtor, Get a Lawyer for Free! I don’t know about you, but I’d say that anyone who regularly negotiates, drafts, and amends real estate contracts — as every Minnesota Realtor does routinely — is practicing law (and I’m a former corporate attorney!). And yet every state explicitly forbades the unauthorized practice of law, i.e.,...Read More
Inspection Contingency Catch-22 Like any contract, the Inspection Contingency — which governs the Buyer’s inspection timetable — can be amended if both parties agree. The most common amendment: a time extension to allow both sides to get more info about an inspection-related issue. The catch, though — especially if turnaround time is an issue with...Read More
Giving Agents a Green Light to Go to Bat for Their Clients “No man can serve two masters.” –New Testament [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.] Unlike, say, many financial advisors, Realtors owe their clients a...Read More
