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one-time showing

“One-Time Showing Contract” Confusion

Conspicuously Missing Term: Asking Price [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.] One of the more confusing contracts in residential real estate is what’s called a “One-Time Showing...
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“One Time Showing Contract” Confusion

Conspicuously Missing Term:  Asking Price One of the more confusing contracts in residential real estate is what’s called a “One Time Showing Contract.” As you might guess, unlike a Listing Contract, which allows the Realtor to market a home to the world, a One Time Showing Contract contemplates a deal with exactly one prospective Buyer. Key Terms In...
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“One Time Showing Contract” Confusion

Conspicuously Missing Term:  Asking Price One of the more confusing contracts in residential real estate is what’s called a “One Time Showing Contract.” As you might guess, unlike a Listing Contract, which allows the Realtor to market a home to the world, a One Time Showing Contract contemplates a deal with exactly one prospective Buyer. Key Terms In...
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(Gun)Shy Sellers

“Don’t Be a Secret Agent,” the Corollary What’s one way to avoid racking up market time — the enemy of every home seller trying to get top dollar for their home (in other words, all sellers)? Don’t formally put your house on the market. Instead, more would-be Sellers appear to be quietly networking their homes...
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What’s Up With All the Upper Bracket “For Sale” Signs?

Higher Price = Longer Market Time It’s no secret that there are lots of upper bracket homes currently for sale in the Twin Cities. Depending on your definition of “upper bracket” (mine is over $850k or so) and which part of town you’re talking about, the current supply of such homes ranges anywhere from 12 to...
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Buyer’s Agents & Networking

Peeking Under the Curtain Last Sunday I showed my clients five homes in the west suburbs that all met the profile of what they were looking for: within 20 minutes or so of downtown Minneapolis; around 3,500 FSF; at least 4 Bedrooms; a nice master Bath; price between $600k and $750k. So what? Only one...
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