Seller Semantics “As I am smoking . . . I don’t expect to be thanked.” —What John Hurt’s character ” in “Love and Death on Long Island” (1997) ” says to the cab driver, when the latter points to the cab’s “Thank You For Not Smoking” sign, and asks Hurt to extinguish his cigarette. Shortly after showing their client a new-on-the...Read More
Homes scheduled to be on Broker Tour — at least in the Twin Cities, from 11 a.m. to 1 p.m. each Tuesday — get cancelled for all kinds of reasons. The Seller’s cleaner didn’t show up (or didn’t finish); someone in the household is unexpectedly home sick; the master Bathroom plumbing sprung a leak; torrential...Read More
Who’s Most Likely to Get Bit: the Buyer or the Seller? “What’s sauce for the goose is sauce for the gander.” –Proverb [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...Read More
Inspection Addendum: “Buyer Shall Cap Any Inspection Requests at $500” [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.] How do Buyers competing in multiple offers differentiate their offers? By offering...Read More
“What You’re OK With If You Get It . . . . & What You’re OK With If You Don’t” In my 15+ years selling residential real estate, perhaps the most fraught question I’ve fielded from clients has to do with multiple offers. Specifically, it’s stressed Buyers beseeching me, “What the $%#@! do I offer?”...Read More
Multiple Offer Photo Finish If you’re a home seller trying to decide among four virtually identical offers for your home (Yay!!), which one do you choose? At least for one recent Twin Cities seller, the tiebreaker was the Inspection Contingency. Specifically, one of the four offers included a $500 cap on any inspection requests. Painless...Read More
