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MLS rules

“A Bedroom Must Have a Closet to be Legal” — True or False?

Practice vs. Theory One of the biggest areas of confusion in residential real estate is, “exactly what constitutes a legal bedroom?” In particular, to be a legal Bedroom, does the room have to have a closet? The short answer: it depends on the local city’s code requirements (some require it, some don’t). MLS Guidance However,...
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Stunning Lake Harriet Colonial Listed With . . . Who Exactly??

Explaining the Ghost “For Sale” Sign (Online, at least) Thanks to quirky (at least to me) MLS rules, home photos can’t include broker names or any other marketing information. Usually that’s not a problem, because the Realtor-ordered photos are taken before the “For Sale” sign is installed. Ahh, but when that’s not the case, to...
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Stunning Lake Harriet Colonial Listed With . . . Who Exactly??

Explaining the Ghost “For Sale” Sign Thanks to quirky (at least to me) MLS rules, home photos can’t include broker names or any other marketing information. Usually that’s not a problem, because the Realtor-ordered photos are taken before the “For Sale” sign is installed. Ahh, but when that’s not the case, to avoid an MLS...
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“A Bedroom Must Have a Closet to be Legal” — True or False?

Practice vs. Theory One of the biggest areas of confusion in residential real estate is, “exactly what constitutes a legal bedroom?” In particular, to be a legal Bedroom, does the room have to have a closet? The short answer:  it depends on the local city’s code requirements (some require it, some don’t). MLS Guidance However,...
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Virtual Staging: Ready for Prime Time?

Just Don’t Call it ‘Doctoring’ What’s holding up virtual staging? Virtual staging is the practice of digitally altering photos to show an empty room as it would look fully furnished and accessorized. Much faster and cheaper than the real thing, you’d certainly guess that by now the technology isn’t rocket science. And yet virtual staging...
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When Is It REALLY a Done Deal?

Milestones in a Deal If you’re an office manager, stop reading here. If you’re not . . . continue. So, when is a real estate deal really a done deal? It’s not when the last signature lands on the last blank line in the Purchase Agreement. It’s not the technical, legal definition, i.e., when the...
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