Bill Bein's (wbein) Blog

Step 2: We write an offer... and then I present it on your behalf. The offer we write up-and the negotiations I do for you-address the following areas: a.     Conveyances: The top of the contract has room to check off appliances, etc-you can add to those items below.   Other area follow. Visit ou...

Step 1: You and I work together to determine what we think the fair market value of the property is. The first step is for us to make a guess how soon and at what price the property will sell. Sometimes, we will think it may sell soon for full or near full price, but not always. We'll study: C. D...

Step 1: You and I work together to determine what we think the fair market value of the property is. The first step is for us to make a guess how soon and at what price the property will sell. Sometimes, we will think it may sell soon for full or near full price, but not always. We'll study: B. P...

Step 1: You and I work together to determine what we think the fair market value of the property is. The first step is for us to make a guess how soon and at what price the property will sell. Sometimes, we will think it may sell soon for full or near full price, but not always. We'll study: A. S...

Our goal here is to overview what happens from first contemplating an offer to the day of closing. You will see that this write-up is set up as a worksheet that you can fill in as we go. Before we begin, we should point out that most real estate in Chicago is, we believe, is measured in brush str...

Myth #7:  When you receive an offer, you should make the buyer wait. This gives you a better negotiating position. Truth:  You should reply immediately to an offer!  When a buyer makes an offer, that buyer is, at that moment in time, ready to buy your home.  Moods can change, and you don't want t...

Myth #6:  Quick offers can be turned down-they're a sign a better offer is coming.  Truth: The first buyer in could be your best buyer.  If the first week of a listing produced lots of showing requests and multiple offers, of course there's a reason to hold firm on price-but, unless a market is r...

Myth #5:  Minor repairs can wait until later. There are more important things to be done. Truth:  If your property needs repair, that WILL affect its value.  Most buyers are looking for homes that are ready for them to move into.  If your home happens to attract a buyer who is willing to make rep...

Myth #4:  Buyers will be able to see past a ‘lived-in' look. Truth:  You have only one chance to make a 1st impression-and 1st impressions, in any market, matter heavily.  If it's a home or town home, the exterior should make a good buyers feel compelled to stop and come inside.  And, for any typ...