Tag

Twin Cities housing market

What to Do About the Pornographic Statue** on the Neighbor’s Front Lawn

When the Neighbors are the Dealbreaker Prospective Buyer: “We love the house. But we could never live across the street from that pornographic statue.” Phil Dunphy: “Oh . . . huh . . . I never noticed it.” Prospective Buyer: “Yeah . . . you can see it from inside when you look out the...
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Which “Done” Did They Mean??

“So Done” vs. “Are You Done Yet?” For an unassuming four letter word, “done” sure has a lot of different connotations. I count at least eight (below), including two meanings — one good, one bad — popular in residential real estate. One. To perfection. Example: “That house is done. It’s not staged like a spec...
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“Watch This Space”: “Agent Remarks” in the Age of Multiple Offers

Overwhelmed Listing Agents Improvise to Communicate with Buyers’ Agents Once upon a time, the “Agent Remarks” field on MLS was used to supplement the marketing verbiage in the “Public Remarks” field.** That is, if it was used at all — listing agents (representing Sellers) often simply copied-and-pasted their Public Remarks into Agent Remarks. Now? Especially...
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“Embellishing” Attendance at a Broker Open (Word of Advice: “Don’t!”)

Reason Not to Lie #37 Lying is hard, telling the truth is easy. By definition, every good Realtor juggles: multiple clients, dozens of showings, lots of parallel deals at varying stages. It’s hard enough keeping all the details straight and presenting them coherently to your client(s); not tripping yourself up in a web of lies...
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Frustrated, Overzealous Home Buyers (and Their Agents) Clamor to See New Listings

Overheated Housing Market Prompts MLS Rule Changes [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.] Combine an overheated housing market with seemingly zero inventory, rampant multiple offers, and...
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Seller’s Market Sign #23: Announcing the Homeowner’s Preferred Closing Date, Possession Terms on MLS

Ideal closing date would be June 2 with 24 hour possession.” –“Agent Remarks” field for a new listing on MLS (April 9, 2021). Put it this way: at the depths of the Housing Bust (actually, a double-bottom) more than a decade ago, Sellers were thrilled simply to get an offer. Never mind a good one,...
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