The Opposite of “The Birthday Paradox” According to The Birthday Paradox, in a room of just 23 people, there’s a 50-50 chance of at least two people having the same birthday. In the world of residential real estate sales — at least in a bigger city — there seems to be something of an anti-Birthday...Read More
Being There ” Literally ” For Clients Would you miss a child’s graduation? A family member’s birthday party? OK, so a real estate closing may not be quite so momentous. But, after working side by side with someone closely for months (years?), riding the emotional highs & lows that can accompany the sales process (more...Read More
When Does a “For Sale” Home Stop Being the Seller’s? Especially for newer, less established agents, it’s common to represent friends and relatives in the sale of their home (over time, successful Realtors’ sphere grows beyond those groups). Even veteran agents occasionally represent friends and family members. How do they (we) keep emotion out of...Read More
The Case For ” and Against In a microcosm, the considerations for doing an open house over Memorial Day weekend are the same as for deciding whether to list a home during a traditionally slow time of the year (like around the holidays). Here’s how the arguments shape up: Pros: —Not much competition from other open...Read More
High Quality Problems For an Agent to Have [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.] Which of the following roles pose a potential conflict of interest for a...Read More
Listing Agent Hubris(?): Pre-Announcing Multiple Offers “This is a MUST SEE QUICKLY! It will not last, priced to sell quick and/or in multiples.” –Excerpt, recent new listing in Eden Prairie. “Seller allowing showings to start on Friday. All offers to be reviewed on Monday noon. Priced to sell to best offer on Monday.” –Excerpt, recent...Read More
