Is the Buyer Short of Cash? Not Committed to Deal? [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.] Normally in Minnesota, the Buyer’s earnest money is due to the...Read More
“To Update Exterior Photos Now or Not” — That is the (Listing Agent) Question I’ve previously shared the only slightly tongue-in-cheek secret for a Buyer’s agent to get a balky client to actually buy: have a plane to catch immediately after showing the client a series of homes. See, “Want Prospective Home Buyers to Buy?...Read More
Three Scenarios Wait a second ” when an otherwise well-prepped and marketed home isn’t selling, don’t listing agents try to get home sellers to reduce their price? And don’t most home sellers stubbornly resist, no matter how compelling the Realtor’s market data (or underwhelming Buyers’ interest)? Well . . . usually. But there are exceptions...Read More
Three Benefits Listing agents (representing home sellers) are big fans of home warranties. Personally, I love them. That’s because listing agents know — even if their clients don’t — that a home warranty can help smooth over inspection issues, and make a dated home more attractive to first-time home Buyers, especially at lower price points....Read More
In-bounds or Out? Test your real estate (and social) IQ, and see if you know which subjects are in-bounds ” and out-of-bounds ” for home Buyers and Sellers to discuss at closing: A. The home’s selling price. B. Any walk-thru inspection issues. C. The Buyer’s plans to remodel ” or raze(!) ” the home post-closing. D....Read More
Waiting (and Waiting) For the “Perfect” Home** Every veteran Realtor at one point has them: Buyers who are looking for a home ” just, shall we say . . . very casually. Which is fine and good: the only timetable that matters in real estate sales is the client’s. Plus, as I like to tell...Read More
