Tag

offer deadline

“Watch This Space”: “Agent Remarks” in the Age of Multiple Offers

Overwhelmed Listing Agents Improvise to Communicate with Buyers’ Agents Once upon a time, the “Agent Remarks” field on MLS was used to supplement the marketing verbiage in the “Public Remarks” field.** That is, if it was used at all — listing agents (representing Sellers) often simply copied-and-pasted their Public Remarks into Agent Remarks. Now? Especially...
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“This Offer is Only Valid Until Noon, May 12”

Purchase Agreements, Deadlines, and (Other) Ultimatums [Note to Readers: 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.] At least in Minnesota, where I sell real estate, deadlines are incorporated into Purchase...
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It’s a Hit!! Offers on 2825 Monterey Parkway Due Today (3/8) < 2 p.m.**

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...
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“Dear Overzealous Buyer’s Agent”

Helping Their Client?  Or Hurting? For the benefit of every Buyer’s agent in multiple offers during the upcoming Spring market (start:  early Feb.), who thinks they’re serving their client by hounding the listing agent . . . the following is for you: Dear fellow agent: As you know, the home your client is interested in buying is...
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“The Waiting” – Version 2

Hurry Up and Wait Every day you see one more card You take it on faith, you take it to the heart The waiting is the hardest part —”The Waiting“; Tom Petty, lyrics In my original post, “The Waiting (is the Hardest Part),” I discussed the various kinds of waiting that people frequently have to...
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