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Twin Cities listing agent

What’s In a Name? From “Settlement Statement” to “HUD-1” to “ALTA” Back to “Settlement Statement”

“The More Things Change” Department Once upon a time, when I started selling real estate in 2002, the worksheet that Buyers and Sellers signed at closing was simply known as . . . “the settlement statement” (or just the closing worksheet, to avoid any jargon). Then it became the “HUD-1” (HUD stands for “Housing and...
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What’s In a Name? From “Settlement Statement” to “HUD-1” to “ALTA” Back to “Settlement Statement”

“The More Things Change” Department Once upon a time, when I started selling real estate in 2002, the worksheet that Buyers and Sellers signed at closing was simply known as . . . “the settlement statement” (or just the closing worksheet, to avoid any jargon). Then it became the “HUD-1” (HUD stands for “Housing and Urban...
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“Please Confirm You Received My Email?”: When Is That Request Appropriate? (Hint: not very often)

Realtor Email Etiquette: “Do’s and “Don’ts How do you effectively double the already large number of emails between two Realtors working on a transaction together? Have one explicitly request that the other acknowledge receipt of each and every email they send. Yup, I’ve run into agents who subscribe to that annoying practice. Which is why...
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Did the Home Seller Leave Money on the Table?

Four Ways to Tell In the history of mankind, no first-time Mother has ever under-dressed their newborn in the winter.” —Manhattan Pediatrician So which pediatrician uttered the above line? Mine (and my wife’s). What prompted that comment were the 3 layers of clothing my wife had already put on our newborn son (a long time...
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Would-Be Home Seller to Realtor: “It’s NOT a Teardown?!?” “#%@&!!”

Pluses & Minuses (2 Apiece) At least in my experience, for every long-time homeowner who’s (overly) invested in their home, psychologically-speaking, and can only see it through rose-colored glasses, there are another 3 (or 10!) hoping their home is a teardown, especially if it’s located in a hot area. Ditto for the listing agent waiting in...
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The Various Meanings of “That’s Rich!”

“That’s Rich” may not have the protean meanings of some other phrases, like “Shut Up!!” or “Hot Dog!” See, “Shut Up!” Has 9 Different Meanings? Shut Up!! (No, YOU Shut Up!)”; and “The Many Guises of “Hot Dog.'” But, it has more definitions than you might initially guess: One. Caloric. “That chocolate cake sure is rich.”...
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