Real Estate Market is Heating Up in Chicago Area (from NW Suburbs - Palatine, Schaumburg, Buffalo Grove, Barrington to other burbs - Naperville, Lisle, Roselle IL etc.)
The Real Estate market is heating up folks.
We’ve had a flood of new clients recently, and when we are putting in offers, just about all of my clients have been involved in multiple offer situations.
In one offer yesterday - we were up against two other bids. In one today - again, two other bids. And I found out that both of those bids (on a discounted short sale property) were over list. Seller will sign whoever has the best, best and final offer.
So -- if you are a home buyer - don’t assume that just because this is a buyer’s market (which it certainly still is) that you won’t get involved in a multiple offer situation where you might have to go above list price, to purchase the property (if the value is still justified of course.)
Banks or listing agents can deep discount a property, just to engender competitive offers - in an attempt to get people excited and maximize the purchase price (which of course - is their job - to maximize the price for the seller.)
As as buyer - you need someone on your side, who has a background in competitive intelligence (rare.... I may be the only agent in the USA with that background), and who is a Certified Negotiation Expert -- in order to assure that you don’t overpay, and that you don’t lose out on a property that you really like (as long as you are over-paying!!).
Using competitive intelligence techniques, I can usually find out where the other bidders are at - which gives you a HUGE negotiation advantage -- verus NOT having that crucial information.
You are TOTALLY in the dark, without that information, and might over or under bid by $20,000 or more. That is the cost (or more) of not having good intelligence. Can you afford to be without this information?
Home buyers will be coming out in even greater force, after the Superbowl.
You may want to call or e-mail me now because it may be your last chance to have me represent you, during the next few months. Because I operation on a very high quality, low quantity basis (spending a lot of quality time with my clients) - I accept a limited number of clients.
(Please not that I require an initial one hour consultation before choosing to accept you as a client. It is a fun way to get to know each other - and ask questions of each other.) Have a great day!
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Follow me on Twitter, Facebook or Linked in. if you are serious about buying a home in the Chicago area within the next 90 days - feel free to contact me. As an Exclusive Buyer Broker (always on the buyer's side - never on the seller's side) I work with a select number of clients - so that I can provide the highest possible level of service. (My clients receive a lot of personalized research and attention - which by it's very nature, takes time - but has high payoff.) Feel free to visit the Buyer Broker Chicagoland web site for more information. Download our high-tech GPS-enabled Chicago area home search application onto your cell phone (works with any type of phone - as long as you have web browsing capability) by texting BBC to 87778. Call 847-566-7558 or Toll Free at 866-493-2842 or e-mail to schedule a complimentary initial consultation – so that I can determine if you are qualified to be a client. Thanks and have a great day!
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