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experience counts: Your Local Forecast - 11/22/08 12:33 AM
The RE market is somewhat similar to the weather. That is to say that it seldom, if ever, happens that one gigantic weather pattern engulfs the entire nation.
While it may be raining on the other side of the country or in several isolated areas, you are not similarly affected if the sun is shining where you live. Similarly, while national media constantly discuss the national housing downturn, not all areas are affected similarly. The real estate climate on the coasts may be different from that of the nation's interior, and there may also likely be differences between metropolitan, suburban and … (0 comments)

experience counts: FSBO Stats - 10/29/08 05:19 PM
If you are thinking about selling your home w/o an agent, consider that only 12% of home sellers successfully did so last year. Moreover, 40% of those "for sale by owner" properties went to family members or acquaintances of the sellers.
Surely, if selling a home were so easy that anyone could do it, nearly everyone would. Bear in mind that selling a home involved analyzing sales of nearby comparable homes, setting a home's price, writing and placing ads in newspapers and online, meeting with potential buyers (many of whom are neither serious or financially able), negotiating a price and contract … (0 comments)

experience counts: What are buyers looking for now? - 06/11/08 09:18 PM
If you are selling your home you had better know who your potential markets are and what they are looking for. Recent research reveals that the mix of buyers has not changed over the past few years, only the numbers have. That is, there is still about the same ratio of couples to singles to families to first-time buyers to repeat buyers. There are just fewer of them, and they are more discerning. With so much to choose from, buyers are placing more emphasis than ever on "location" and "condition" as prime selection factors. While there is not much that sellers … (1 comments)

experience counts: Of Time & Value - 02/02/08 12:08 PM
If we never expected to move out of our houses, we could spend whatever we wanted on remodeling our bathrooms and amortize the cost of the project over many years. Most of us however, must watch our remodeling budgets because we are eventually going to move. Thus, the project's "value in exchange", an estimation of how much of its total cost will be recovered at the time of sale, becomes very important.
 According to RE appraisal experts, those who expect to live in their houses less than five years before selling them should be concerned about a project's value in exchange. Those … (0 comments)

experience counts: Experience counts - 01/12/08 09:52 PM
If there were ever a time when paying close attention to the details could spell the difference between success and failure, this is it. If you are a seller, you need an agent on your side who is familiar with the ins and outs of the market to a degree that affords you the most potential advantage.
This is a time when careful preparation can pay big dividends in terms of locating potential buyers and placing them in touch with desirable and affordable properties. An experienced agent also knows how to make financial accommodations that bring deals to fruition that may otherwise … (0 comments)

 

Joe & Jean Marella Chicago and Suburban IL Real Estate

Des Plaines, IL

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Keller Williams Realty Partners

Office Phone: (847) 692-5889

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