IMPORTANT NEWS - EVERY MINNEAPOLIS HOMEOWNER/LANDLORD MUST READ!

IMPORTANT NEWS - EVERY MINNEAPOLIS HOMEOWNER/LANDLORD MUST READ!
“Time of Sale” and “Time of Rent” Energy Disclosure proposal to be implemented in 2020!
The proposed time table could be overwhelming and costly to home sellers and landlords.
Read attached photos and yellow highlighted lines and read more @
http://www.minneapolismn.gov/su…/buildings-energy/index.htm…

Next meeting is Monday, January 7th, 2019
6:30pm - 8:00pm
Minneapolis City Hall, Rm. 319
350 S. 5th Street Minneapolis, MN 55415

PRO-TIP for Multiple Offers

If you are a buyer and you are in a multiple offer situation, ask your agent to ask the listing agent if any of the multiple offers are the listing agents. If the answer is yes, you will also want to know if the listing agent and the seller have possibly agreed to a “Variable Rate" commission, that should be disclosed in the RMLS.

A variable rate commission arrangement between the listing agent and the seller can put your offer at a disadvantage because the commission paid to the listing agent may be less than paid to a selling agent therefore even if your offer is for more money, it may not be enough to offset the difference in commission paid to the listing agent.

Learn more at Section 6.2 of this link - https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe5c4d51cd4c47520bade/1456203204779/Rules-and-Regs-10-15.pdf