real estate rule

Who Pays for a Pending City Assessment, Buyer or Seller?

Losing $100k(?) to Save $21k Rule #1 in real estate is that everything’s negotiable. Rule #2:  there are times when it’s best to forget Rule #1, and preemptively take care of an issue before it threatens to torpedo a deal. That would certainly have been true in the case of a certain upper bracket Wayzata home...
Read More

Why It’s Not an Offer Till You Have it in Hand

Managing Client Expectations Real Estate Rule #1:  It’s not a done deal till the Seller leaves the closing with a check. Real Estate Rule #2:  It’s not an offer till the listing agent has it in hand. One of the most exciting pieces of news a listing agent can deliver to a Seller is that...
Read More