Subjective Tolerance Levels First, the good news: assuming the house is a couple of decades old (or older!), the settling is very likely historic. So, for a home that was built in say, 1925, the settling likely occurred (and stopped) by 1927. The bad news? It’s (very) hard to correct. It’s possible to use floor...Read More
Double-Edged Sword “What’s sauce for the goose is sauce for the gander.” –Proverb. [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.] Even though litigation is notoriously expensive, at least a...Read More
Subjective Tolerance Levels First, the good news: assuming the house is a couple of decades old, the settling is very likely historic. So, for a home that was built in say, 1925, the settling likely occurred (and stopped) by 1928. The bad news? It’s (very) hard to correct. It’s possible to use floor jacks —...Read More
No Splitting the Baby The way the Board of Realtors discourages procuring cause cases — essentially, disputes over who’s entitled to the payout commission (offered to the agent responsible for the sale) — is by applying an all-or-nothing standard. That is, instead of divvying up the commission amongst competing agents, the Board makes a determination...Read More
“Two Strikes and You’re Out” I just heard through the grapevine that a certain Twin Cities builder is now working with their third Realtor in four years (note: builders sometimes engage Realtors — occasionally on an exclusive basis — to rep their new homes). I’ve worked with both previous Realtors on past deals, and found...Read More
