(Partial) Realtor Job Description 2020: Multiple Choice Test your knowledge of modern residential real estate practice, and answer the following multiple choice question: Q: Who should the listing agent (representing the Seller) meet at the home? A. The appraiser working for the Buyer’s lender; B. The home inspector doing the city Truth-in-Sale-of-Housing (“TISH”) inspection; C. The...Read More
Test your knowledge of modern residential real estate practice, and answer the following multiple choice question: Q: Who should the listing agent (representing the Seller) meet at the home? A. The appraiser working for the Buyer’s lender; B. The home inspector doing the city Truth-in-Sale-of-Housing (“TISH”) inspection; C. The photographer; D. The Buyer’s home inspector. Correct...Read More
“Do Not Pass Go. Do Not Collect $200” [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. If you need legal advice, please consult an attorney.] Consider this not-so-hypothetical inspection scenario, and try to guess the outcome: “The licensed...Read More
List Price Multiple Choice This is a two-parter. Question #1: The list price for this Twin Cities 4 BR/2 Bath 1950’s rambler — new on the market last Friday (3/24) — is . . . A. $219,900k B. $299,900 C. $425,000 D. $619,900 Answer: “D.” Question #2: the reason it’s likely to get that amount...Read More
Buyer’s Walk-Thru Inspection Multiple Choice Which of the following is an acceptable reason for the Seller to leave their home in (much) less than pristine condition for the new owner: A. Their Seller left the home a mess for them when they bought (call it, “the anti-Golden Rule”). B. They ran out of time. C....Read More
Who Should the Listing Agent Meet Personally? Test your knowledge of modern residential real estate practice, and answer the following multiple choice question: Q: Who should the listing agent (representing the Seller) meet at the home? A. The Appraiser working for the Buyer’s lender; B. The home inspector doing the city Truth-in-Sale-of-Housing (“TISH”) inspection; C. The...Read More
