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Twin Cities home seller

The Realtor Hippocratic Oath

“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...
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Asbestos Tiles in the Basement: How Big a Deal? (and Discount)

Not Exactly a Non-Issue, But . . . [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.] “To your knowledge, have any of the following previously existed or do they currently...
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Can Home Sellers Electronically Eavesdrop on Buyers Viewing Their Home?

The Homeowner-Spy [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.] RECORDING ON THE PROPERTY:  Seller understands that MN Statute 626A.02 specifically prohibits the interception of oral communications without the...
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Seller Counterpart to Buyer Housing Bubble Anxiety? Fear of Missing Out on a Seller’s Market (“FOMO – Seller’s Market”)

Volatile Stocks, Slow-Changing Housing At the beginning of the year, I remarked on home buyers who worried that housing may be in a new bubble — a bubble that would inevitably burst the minute they bought something. See, “Anxious 2017 Buyers Fret: Is Another Housing Bubble Brewing?” Entering the 2nd half of 2017, there seems to be...
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Three(!) Kinds of Arbitration in Today’s Housing Market

Should Buyers and Sellers Waive Arbitration? Hopefully, It’s a Moot Point [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.] Unbeknownst to most home buyers and sellers, modern residential real estate...
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Just One Home Inspection in Today’s Housing Market? Try 4 (or 8, or 9!!)

Worst-Case Scenario Don’t feel too sorry for homeowners:  in today’s Seller’s market, they’re calling the shots (and getting top dollar). But, if you want to see Sellers in a more sympathetic light, consider this:  selling a home now can involve not one inspection, but — including required re-inspections — eight to ten(!) separate visits, depending on the Buyer’s financing;...
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