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Twin Cities Realtors

Multiple Offers, Multiple Misconceptions (at least, in Minnesota)

“Highest & Best,” Defined [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.] If this Spring housing market is like any other, it’s guaranteed that at least a few home...
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“I’m Not Buying It”: Realtor vs. Non-Realtor Definitions

To a non-Realtor, the expression, “I’m not buying it” roughly translates as, “I don’t believe your [obviously bogus] explanation.” To Realtors, however, the phrase means something much more literal. Namely ” at least when uttered by a Buyer’s agent ” “I’m not buying it” translates as, “I’m not buying the home . . . my client is.”...
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Realtor April Fool’s Jokes

“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...
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How to Absolutely, Positively Tell If It’s a Lowball Offer

Tying Up Loose Ends & Open Offers Admittedly, there’s usually not much doubt. But if you want absolute, “case-closed” proof that a Buyer’s offer qualifies as a lowball, here it is:  when the Seller rebuffs it*, they never even bother to withdraw it. Either the offered price is so preposterously low they know the Seller will never...
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ALMOST Live: Watching the Oscars Tonight — Minus the Commercials

“Synch-ron-ate”:  recording a show, then watching it ” without commercials ” so as to finish at the same time as the live telecast. Want to watch a major event like the Oscars, but hate commercials? You can watch it live, then take breaks or jump to other channels whenever there’s an interruption. Annoying (and fattening, assuming...
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The “Très Magnifique Ceiling” (or is it, “Tray??”)

I’ve got a hunch how ” at least in some people’s minds ” “tray” ceiling became “trey”:  “très” is French for “very” (as in “very beautiful”). From there, it’s just a small step (and single letter) to “trey.” Of course, that’s also how the word sounds phonetically. However, the correct adjective for a recessed ceiling...
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