The Email No Prospective Buyer ” or Their Agent ” Wants to Get Your frustrated client finally found something they’re excited about. Everyone rearranges their schedule to see the property ASAP. Then, just before the showing, the Buyer’s agent receives an email from the listing agent (representing the Seller) that they’ve received an offer. #$@%!#!...Read More
Question #2: Is That Different Than “Large?” “Original hardwood floors have just been re-done, four oversize bedrooms, tremendous woodwork & period fixtures.” —”Public Remarks,” MLS. “Oversized” is one of those imprecise adjectives that you occasionally run into in real estate: they certainly sound good, but, on closer inspection, don’t convey much if any information. Sort...Read More
Three Factors How much do you discount for a one-car garage? The short answer: “it depends.” Specifically, I think that the three most important variables are: One. What is the surrounding housing stock like? In close-in, older Minneapolis neighborhoods, many homes have one car garages (still). Detached, one car garages. When that’s the standard, the...Read More
Edina Realty’s Proactive Approach to Avoiding Litigation [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.] Just to be clear: “The Grim Reaper” isn’t my name for Mr. Hill — that’s what he calls himself. That’s because no Realtor...Read More
. . . And Isn’t Likely to Volunteer “Fake it till you make it.” —Career advice to newbie real estate agents. In a hyper-competitive field where sales bluster is an ever-present temptation, real estate agents aren’t exactly the type to betray ignorance or confess a lack of confidence. And even consummate Realtors with years of...Read More
“Can I Please Speak to Myra Mains?” [Editor’s Note: if you’re a regular reader, you may recall this post from previous years. Normally, I re-run it April 1. However, given that Google and other search engines already seem to be finding it early, I’m moving up the timing this year.] Courtesy of now-retired Edina Realty office manager Josh...Read More