Where: 2825 Monterey Parkway in the heart of St. Louis Park’s Fern Hill neighborhood (less than one mile west of Cedar Lake). What: Gracious two-story walkout with 5 Bedrooms, 4 Baths, and 2,800 finished square feet on a gorgeous .38 acre lot backing up to Fern Hill Park. When**: listed Tuesday; in multiple offers, “highest...Read More
Highest & Best Due When?!? What’s the giveaway that the listing agent who sent the email above Saturday morning is likely a newbie — or, at least, not so experienced handling multiple offers? The 10 a.m. Sunday deadline. Given that the Edina home just debuted on the market Friday, that means Buyers (and their agents)...Read More
Realtor-Speak, Translated I don’t know about other listing agents (representing Sellers), but I have to suppress an eye roll when, following a showing, the Buyer’s agent contacts me and asks to be “kept in the loop” if something happens. That “something,” of course, is another offer. Sometimes, Buyers need a day or two to put...Read More
Deal Insurance for Home Sellers, or, “The Art of the Backup Offer” [Editor’s Note: one of the perks — and pleasures — of working for a Berkshire Hathaway affiliate like Edina Realty is having office privileges in hundreds of locations around the U.S. Like in Scottsdale, AZ, where I recently visited. The post below was...Read More
Good Faith Gesture: “Sold, Subject to Inspection” As veteran Realtors (if not their clients) know all too well, it ain’t officially a deal until all parties have signed, and the Purchase Agreement and any Addenda have been delivered to the other party (actually, their agent). Lots of Buyers learn that painful truth each year when,...Read More
High Quality Problems to Have [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.] Which of the following roles pose a potential conflict of interest for a Realtor? (at least...Read More
