That’s actually a pretty good question — posed by a newer agent at recent Edina Realty – City Lakes office meeting. A signed MLS “Seller Withhold,” of course, is what most veteran listing agents procure at the same time the owner officially hires them to sell their home. That allows the agent the time they...Read More
When Doesn’t “Sold” Mean “Sold?” So, when it comes to residential real estate, when does “Sold” not mean “Sold?” When it means “Pending” (as in, when there’s a big, bold “Sold” sign in front of a “For Sale” home). Huh?!? At least in Minnesota, once the Buyer’s Inspection has been removed,** the convention is to...Read More
MLS: “3rd Bedroom on Upper Level is Large & Has Lots of Storage” There’s certainly nothing wrong with an Upper Level Bedroom (pictured above) that’s large and has lots of storage. But, what’s notable — at least to me — is what’s omitted. Errors of (C)omission Namely, any mention of a Bathroom, or whether the...Read More
English, Please! To be fair to the listing agent (representing the Seller), the sentence above was in the “Agent Remarks” field on MLS, not the “Public Remarks” section. But, for the benefit of Buyers whose agents print out the unabridged, “Agent Full” report (I do for my clients), here’s the translation: “This 1925 Linden Hills...Read More
Good Thing No One Saw It. Not. My take on the meth disclosure on the standard Minnesota Seller Disclosure is the same as my view of accused murderers on the witness stand: if you’re potentially capable of murder, you’re certainly capable of (and motivated to) lie about it under oath. In the same vein, someone...Read More
Estimates So Broad You Could Drive a Truck Through Them [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.] RealAVM: $859,828 RealAVM Range: $662,068 to $1,057,588 Confidence Score: 66 Forecast Standard Deviation: 23 –Excerpt, MLS If you only...Read More
