Second Bite(s) at the Apple Why see a home that you likely can’t buy? In a nutshell, that sentiment explains why showings plummet once a “For Sale” property is officially under contract. In most cases, the Buyer and Seller are able to resolve any issues that come to light during inspection, and the transaction progresses...Read More
The Case of the Mysteriously Missing Inspection Clause “Seller Shall/Shall not have the right to continue to offer the Property for sale until this Inspection Contingency is removed.” –old Minnesota Residential Purchase Agreement, lines 192. – 193. [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire...Read More
“Sag Day?” “Trough Day?” There’s really no good counterpart in real estate to the 9-to-5 world’s “Hump Day” — otherwise known as “Wednesday.” In keeping with the “Opposite George”** nature of real estate, Wednesday to Realtors typically represents the low ebb of the work week. That’s because it follows Tuesdays, when all the new listings are showcased...Read More
Multi-Tasking Buyers’ Agents I’m sure my colleagues could fill in their own, umm . . . favorite. But, here’s mine: “You know the showing instructions are too long when . . . the Buyer’s agent (in this case, me) has to print them out to keep everything straight. And then has to print out the...Read More
“Pick a Card House, Any Card House!” I’ve certainly heard the insinuation: by shuffling the order they show a series of homes, Realtors can subtly (or not so subtly) “guide” their Buyer’s decision to buy the home they want them to. Specifically, the supposed strategy is to show the most promising property either first or...Read More