High Quality Problems to Have [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.] Which of the following roles pose a potential conflict of interest for a Realtor? (at least...Read More
“First, Do No Harm” What kind of aggressive, transaction-driven Realtor talks their client out of a price decrease? (any prideful homeowner can be talked into a price increase). Actually . . . a good one. I can think of at least two situations where a price drop would — as the medical profession might put...Read More
Locked Into a Lease? Maybe Not [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.] Realtors hosting Sunday open houses hear it all the time: prospective home Buyers who see...Read More
Failing to Get a Signed Buyer Rep(resentation) Agreement What do parachuting and Buyer Rep contracts have in common? I learned from my one time parachuting, over 30(!) years ago (I knew the experience would prove to be useful in later life), that parachute fatalities actually fall into two groups. Unceremoniously referred to as “bouncing,” the...Read More
The Unmotivated Unrealistic Buyer, Circa 2017, or, “Waiting for Godot, Home Buyer Version” In a housing market characterized by an ongoing, acute shortage of inventory, it’s an all too familiar lament: frustrated Buyers (and Buyers’ agents) who bemoan that they “just can’t find what they’re looking for.” I’m certainly sympathetic — to a point. However,...Read More
Housing Winners & Losers in Sellers’ Markets & Buyers’ Markets Every housing market has its winners and losers. Every housing market. So, 7-8 years ago, when the market was tanking, the big winners were first-time Buyers — at least ones with (good) jobs and unblemished credit. With rock-bottom prices and an ocean of inventory, many...Read More
