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Choosing The Best Realtor
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Top 7 Types of Land For Profits
1- LakeFront land- The best investment is LakeFront land. When you own property that can be built and the lake is directly accessible, the value of this property will keep going on. LakeFront land typically leads to Subdivision growth. Society has a long established record of developing land near Water areas.
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Real estate investing can be a very lucrative career, as well as been highly enjoyable. One of the main skills you need to master is marketing, and part of that is to understand the various types of marketing strategies that are available and the benefits of each one. It's good to realize right from the start that there's no magic key to real estate investing, no one foolproof system that will alw... Read real estate article
Choosing The Best Realtor
Steps in Finding the Right Realtor in Chicago
It is important to find a Realtor who specializes in the type of real estate you wish to purchase. For example, if you wish to purchase real estate as an investment, narrow your list to only those who specialize in investment properties. This area requires knowledge of the specialized contracts used in investment properties, as well as a thorough knowledge of the available investment properties. If you wish to purchase a residence for yourself, there are several factors to consider when beginning your search for a Realtor in Chicago. Include only those who specialize in residential real estate located in the area in which you are interested. It's also important that the Realtor specialize in the type of residence in which you are interested. If you wish to purchase a single family residence, choose a Realtor who specializes in this type of residence; if you wish to purchase a condo, choose a Realtor who specializes in condos. This is especially important for a condo, because condo contracts are quite different from single-family home contracts. You definitely want your Realtor to be familiar with the type of contract that you will be signing!
Check Out the Office
Now that you've narrowed your search down, look into the realty office that each Realtor is associated with. Make sure that it is an experienced office with a large sales volume in the type of real estate in which you're interested. Call the office to check out how phones are answered - is the person answering polite and helpful? Are messages returned quickly with the information you requested? What do agents from other offices have to say about this office?
What's Next?
Narrow your list down to three or four Realtors and set up a meeting with each one. During each meeting, the Realtor will give you a presentation which will include references from previous clients. Contact them! Focus on the following criteria when you're speaking with them. Does s/he value integrity over a sale? What are his/her strengths? Did s/he develop a rapport with them?
Was the Realtor easy to contact? What do they wish the Realtor had done differently?
Finally...
Examine the presentation that each agent gave you, as well as the responses from the references. Think back to each meeting. Did you seem to "hit it off" with one of the Realtors? Make your choice based on all of these criteria and call each agent to inform him/her of your decision.
(Yes, even those you didn't choose. It's the polite thing to do.) And, once you've chosen your agent, listen to his/her advice and discuss items you don't understand.
Now You're Prepared!
Now you're prepared to begin your search for a professional Realtor in Chicago who has the resources to assist you in buying a home or other real estate in the perfect location. It may be a long process, but it is definitely worth the time it takes. Purchasing real estate is an important step to take, and one that you will be living with for several years to come. Just call or "click" to contact your broker and get it on Chicago's real estate market.
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Staging Services by Realtors
It is certainly a buyer's market right now and Realtors all over the country are trying their hardest to move their listings. Some are offering incentives such as reduced commissions for themselves, increased commissions for buyer reps and goodness knows what else. Some are persuading their clients to offer incentives as well. I've seen many listings that offer club memberships, POA fees, and even cars.
I guess the idea behind all of this is to give people more for their money. So, if that is the case, why aren't more Realtors offering staging services to their seller, even when it is proven to increase sales potential? Some say it costs too much, others say sellers are not interested. Many are just sitting on the fence waiting for someone else to try it and see how it works for them. Well, if you are hesitant to take the plunge, here are five reasons why you should not stage your listings.
1. You are truly selfless and want other agents to succeed before you. If other agents are selling their staged listings and your unstaged listings are not moving, they are increasing their sales volume and their bank accounts by offering a service that you do not. Do you think new sellers will want to hire you or the other "successful" agent?
2. There really is no need to increase your service menu, you offer enough already, right? If the idea of giving buyers more for their money, why not give sellers the same? The commission you earn is cash out of the sellers pocket and you want them to know you deserve every penny. The more you do to market their house, the happier they are.
3. You are willing to sell homes at reduced prices because as long as they sell, you are still making some commission. Homes that don't show well, don't sell well and that is a fact. If a property is unappealing, it may sell, but a sometimes drastically reduced price. Every price reduction is a reduction in commission for you and less profit for your seller. Not staging loses money for everyone.
4. Staging is expensive. On the contrary, a professional stager is a highly creative individual who thrives on creating high impact on a low budget. The idea behind staging is that you use what you have first, then seek low cost alternatives. To quote Barb Schwarz, founder of Stagedhomes.com, "The investment in Staging is less than your first price reduction." Boy is that ever true. The average first price reduction on a $150,000 listing is $5,000. The national average for staging fees for a home in that price range is less than $1,000. Would you rather spend $1000 or give away $5,000?
5. Staging is time consuming and a stager will just hold up the process. Actually,most properties can be staged in less than a day. Some, depending on condition, may take longer but as a whole stagers recognize your market target date as set in stone and would never do anything to miss it. Stagers WANT you to sell your listings and move within YOUR timetable.
So there it is - all the reasons why you shouldn't partner with a Home Stager. Keep repeating them to yourself and pretty soon you will convince yourself that you don't need one.
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Choosing The Best Realtor
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