Minnesota Home Seller Disclosure Duties — and their Realtor’s(!) Just like good stand-up comedians establish themes that they keep revisiting (see, Jerry Seinfeld; Chris Rock; Louis CK), a good continuing ed speaker repeatedly invokes a mantra for practitioners (Minnesota Realtors like yours truly) to heed. Yesterday’s (much repeated) mantra: “if you crack the door open a...Read More
Buyer’s Agent Beware [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.] Thanks to heightened concerns about the security of online data, Minnesota Realtors are no longer supposed to scan and email copies of Buyers’ earnest money checks when...Read More
Examples of bad emails would be ones informing you that your client came up short in multiple offers, or showing feedback trashing finding fault with your client’s home. Good emails? From Mpls – St. Paul Magazine (today, in fact) informing you that you’re on the list of Minnesota Realtors they selected as “Super Real Estate...Read More
“One to Buy, Two to Sell,” But . . . “Two to Buy, Two to Sign“ It’s practically a mantra for Minnesota Realtors, starting with their pre-licensing coursework: it takes one partner in a married couple to buy, but two to sell. Translation: in Minnesota, married partners automatically have an ownership interest in their spouse’s...Read More
“Cooperative and Rude?” (Not Mutually Exclusive) In general, I’ve found that real estate has a lot less jargon and technical terms of art than law. A notable exception? The word (term?), “cooperate.” To the average person, it means working with someone to accomplish a common task or goal — usually in a positive, agreeable manner....Read More
Realtor Payday Roller Coaster December, January, and February may be the rainy season in Florida, but it’s very definitely the dry season for Realtors. Especially Minnesota Realtors. That’s because from Thanksgiving through the Super Bowl is typically the slowest (chilliest?) time of the year for the local housing market. Because most transactions (at least in Minnesota) close six...Read More
