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Twin Cities mortgage

How Over-Aggressive Realtors Hurt Their Buyers in Multiple Offers

The Overzealous Agent: Asset or Liability? Don’t squeaky wheels get the grease? And in a hyper-competitive multiple offer situation, isn’t an aggressive agent an asset? (nice alliteration, huh?) Yes . . . to a point. Beyond that, however, hyper-aggressive behavior on the part of a Buyer’s agent can become a negative to the Seller (and...
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The Best Realtor Blog in the U.S.?* You’re Reading It!!

“City Lakes Real Estate Blog” Tops the List (Google’s) So, how do you get to be the best Realtor blog in America? Start with a daily post featuring a topical bit of real estate-related news or analysis (usually). Then, write 6-8 more such pieces the same week. Finally — and here’s the hard part —...
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Listing Agents Who Call the Buyer’s Lender

“Who Ya Gonna Call?” (When an Offer Comes In) As a Buyer’s agent, how can you tell if the listing agent (representing the Seller) is taking your client’s offer seriously? They call the Buyer’s lender ” specifically, the lender on the Buyer’s Pre-Approval letter ” and verify key information. Like, whether they’ve previously worked with...
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Listing Agents Who Call the Buyer’s Lender

“Who Ya Gonna Call?” (When an Offer Comes In) As a Buyer’s agent, how can you tell if the listing agent (representing the Seller) is taking your client’s offer seriously? They call the Buyer’s lender ” specifically, the lender on the Buyer’s Pre-Approval letter ” and verify key information. Like, whether they’ve previously worked with the...
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Multiple Offers, Multiple Misconceptions (at least, in Minnesota)

“Highest & Best,” Defined [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.] With scarce inventory and low rates once again spurring multiples offers in the Twin Cities now,...
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Departing Home Seller: “How Clean Does it Have to Be?”

“Substantially the Same Condition” & The Golden Rule “I know it when I see it.” —Supreme Court Justice Potter Stewart, on the legal definition of what constitutes pornography. “Buyer has the right to a walk-through review of the property prior to closing to establish that the property is in substantially the same condition as of the...
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