Pre-List Networking Trial Balloon I’ve been in real estate sales for 18 years, and I still have no idea what a “$500-ish” price is. $520k, perhaps? Maybe $485k? In truth, I can imagine a “$500-ish” price falling anywhere between $480k to $530k or even higher. Buyer Trap? Which is no doubt precisely the point, especially...Read More
Minnesota Specifies (Kind of) Timing of “Related Party Disclosure” Requirement [Note to Readers: 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.] Minnesota real estate agents have always had a duty to...Read More
Stealth Price Cut What does it mean when a listing agent puts out the word ” on MLS or just verbally ” that their Seller “will consider all offers?” (sometimes qualified with “all reasonable offers”). Here is a rough translation: 1) the Seller knows that the current asking price is too high; 2) but, for...Read More
Getting You More Money For Your Home & More Home For Your Money A great football coach can take his’n and beat your’n, and then he can turn around and take your’n and beat his’n.” —Long-time football coach Bum Phillips (my paraphrase). Entering my 19th(!) year selling homes, I think I finally have come up...Read More
Whitewash One of the best ways I know to render a scary basement . . . less so, is to paint it (white, obviously). The floors, the ceiling, the posts and beams ” everything. Not only is the space more appealing, it invariably feels bigger and lighter, too! P.S.: Tip #2 ” adding a couple...Read More
Built for Baby Boomers ” By Their Parents! Like narrow ties and bell bottoms, wait long enough and the most dated fashions come back in style. The same is true in real estate. As Baby Boomers age, the unheralded, ’50’s-era rambler is making a comeback. I can think of (at least) four reasons why. One....Read More
