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Minnesota Realtor

“For Sale” Home, But Forgoing the “For Sale” Sign

Pro’s & (Mostly) Con’s “Don’t be a secret agent.” –Advice to new real estate agents just starting out. Why would the owner of a “For Sale” home want to skip putting a “For Sale” sign in front? Search me. Here are the four most common reasons I hear — followed by my Realtor rebuttal (in...
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The Downside of Touting Upside

The Doubled-Edged Sword Called “Potential” Although you wouldn’t necessarily believe it looking at all the MLS listings with the word “potential” in them, Realtors use the term carefully, if not reluctantly (or at least I do). That’s for two reasons: One. Beauty is in the eye of the beholder — at least to a point...
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First Rule of Sunday Open Houses (at Least in Minnesota in the Fall)

Sunday Open House <> Vikings’ Game He (or she) who ignores the first rule of Sunday open houses — “thou shalt not compete head-to-head with a Vikings game” — is likely to regret it. Or at least, have a sparsely attended open house, with only one of the decision makers present (the non-football watching one)....
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Delivering the Realtor “Miranda Warning” in an Online World

Challenge:  Defining “First Substantive Contact” [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.] In an online, hyper-connected 24/7 world, when do Minnesota Realtors trip the threshold for delivering a required state disclosure to consumers? Called “Agency Relationships” and...
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Signs (Literally) of Fall: Turning Leaves, Going to Work (or School) in the Dark, Low Tire Pressure Warning Lights (Huh??)

Property Taxes, Too (At Least in Minnesota) In addition to the more recognizable hallmarks of Fall, Minnesotans — at least ones who have cars parked outside — will doubtless recognize that last sign (literally) as well. The explanation:  the cool overnight temps cause the air in the tires to contract, tripping the warning light. Higher...
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How to Avoid Rental Vacancies in the Depths of Winter

The Direct Approach No landlord — especially in Minnesota — wants to deal with a vacancy when it’s 10° degrees outside (or -20° below). How do you prevent that? At least one property manager I know explicitly writes that into their rental lease. If the rental begins any time other than December, January, or February, the...
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