MLS: “This Beautiful Home Offers 3 Bedrooms on 1 Level, Custom Office with ‘Narnia’-style Closet, Master Suite with Private Bath . . .” Wait a second . . . “Narnia-style closet?!?” After searching MLS for other references to the term — I didn’t find any — and coming up blank personally (I’m not a huge CS...Read More
Bedroom Sizes: “Small,” “Medium,” and “(Extra) Extra Large” You certainly can call a 36′ x 13′ room in the basement of a home a “Bedroom,” as a certain listed Golden Valley home does now. But, that doesn’t make it so. That’s true even if the room technically meets the criteria for a legal Bedroom: it...Read More
“Good,” “Better,” and “Best” One of the key services performed by Realtors for clients is analyzing a home’s fair market value. Buyers’ agents do that analysis — called a CMA, or “Comparative Market Analysis” — to help clients determine how much to offer for a home; listing agents go through the same process to help...Read More
MLS: “Seller Requests Minimum of 24 Hours Notice for All Showings” Aren’t unusual showing instructions a pain? That’s especially the case when a busy prospective Buyer — or two of them, if it’s a couple — and their Realtor are trying to see not just 1 home, but 6-8 in a row, perhaps in different...Read More
“MLS Show & Sell Tell”: When a Calendar Isn’t Just a Calendar [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.] “Tell” /tel/ Noun: (especially in poker) an unconscious action that is thought to betray an attempted deception. –Dictionary...Read More
Using MLS “Agent Remarks” to Clear Up Any Confusion “He who represents himself has a fool for a client.” –Proverb At least in Minnesota, listing agents (representing the Seller) have to disclose on MLS if the owner is a licensed Realtor. So, in the field that asks “Is the Owner an Agent?,” the appropriate...Read More
