Loose Door Knobs and Caviar-Stocked Fridges [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.] Test your knowledge of today’s housing market, and answer the following question: Which of the...Read More
Avoiding the “Contingency Premium” “We may be small, but we’re slow.” —Cal Tech football team slogan. If you were a home seller, how much extra would you want in order to assume the risk that your Buyer could successfully sell their current home in a timely fashion ” the standard Contingency is 60-90 days ”...Read More
Advice to Would-Be Home Sellers on Dual Agency: “Don’t” [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.] If your prospective Realtor won’t agree to adding the clause above to...Read More
Setting the Bar (Way) Too High One of my favorite Op-Ed page cartoons shows an unconscious patient being operated on by a team of surgeons. Suddenly, there’s a spike in the patient’s vital signs, whereupon he bolts upright, and loudly announces to the laboring surgeons: “You should know that I’m the most successful personal injury...Read More
What Happens After the Listing Contract Expires? [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.] “Seller understands that the Seller does not have to pay Broker’s compensation if Seller...Read More
Home Maintenance “To Do” List, Late Fall Edition** At least from my perspective as a Realtor, less important than who takes responsibility for blowing out (winterizing) the sprinkler system in the Fall, is that someone does it. If not, the system can rupture due to freezing, causing both extensive flooding and expensive pipe repair. Common...Read More
