Multiple Interested Parties If you’re not in real estate — or buying or selling a home this Spring — this Thursday (June 30) is probably just the day before the day before the 4th of July holiday weekend (Y-a-y-y-y!!). However, if you are in real estate (agent, broker, or especially title company) . . . ...Read More
Fraudulent Wiring Instructions “ANTI-FRAUD DISCLOSURE: Edina Realty and its agents will never provide you with wiring instructions via email without verifying the information in person or over the phone. EMAILS ATTEMPTING TO INDUCE FRAUDULENT WIRE TRANSFERS ARE COMMON AND MAY APPEAR TO COME FROM A TRUSTED SOURCE. If you receive an email directing you to transfer...Read More
Realtors, Too (Don’t Forget About Realtors) “In a new lawsuit, the Chamber of Commerce is seeking to prevent the government from holding retirement advisers to the same standard as doctors, lawyers or accountants ” known as a “fiduciary” standard ” which requires people in positions of trust to always act in their client’s best interest.”...Read More
Hey! Who Are All Those Strange People in My Office??** While I’ve been an entrepreneur (arguably, I still am), CPA, corporate attorney, investor relations consultant, furniture mover, cab driver, and kibbutz volunteer, I’ve never done any of those things for 14(!) years. And 14 years in real estate really isn’t like 14 years in most other fields: ...Read More
At Least One Bullseye: “Hire a Good Realtor” Money Magazine is out with its 2016 Spring Real Estate Guide, subtitled “The 35 Best Moves for Buyers, Sellers, and Owners Now.” Do the authors know what they’re talking about? Here’s the magazine’s advice for first-time Buyers (“Starting Out”), followed by my running commentary in italics: Money Magazine:...Read More
Nosy Neighbors, Take #14 Long before the Buyer’s home inspector lays eyes on it, or the Buyer’s title company checks for closed permits, wanna guess who (else) knows whether the Seller’s recent Kitchen Remodel is high-end? (or not, as the case may be). The neighbors. In the course of the months-long project, it’s a good...Read More
