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Market Is Opening Up In The Southwest Chicago Suburbs
I've had 3 offers on 3 different listings this past week (2 over the weekend). One listing has only been on the market for 3 weeks and has received a first offer. Of course, it was very low (almost $20,000 under asking price and the price is what could be considered below market already). Of course, what is "below market" today? The price of the property is $193,500.
Last year the sellers had a sale that fell through (I did not have the listing then). The appraisal was done prior to the transaction falling apart and it appraised for around $214,000. In fact, when it was first put on the market it was listed at $240,000. We can all say, well it was obviously listed too high to begin with, but they did get an offer at some point in the price…
Read Full PostVacant Homes Can Benefit From Staging
I have written two staging stories you can read here and here. As popular as Home Staging has become in today's real estate market, I can't believe the majority of sellers in my area that either haven't heard the term or just don't think it will make a difference in their property.
I have shown more vacant homes than ever in the past few years. When I first started in the business in the '80's, there were few vacant homes to show. And if they were, it was an estate sale or a job transfer. Today, there are many "flipped" homes that sit vacant (you can usually spot these investment properties pretty quickly) and homes that sit vacant for many other reasons. Even I ponder how average people can afford having a home sit vacant if it's not an estate sale…
Read Full PostHome Staging Stories - II
This is the 2nd installment to my first Home Staging story. I am not a professional home stager but in my 24 years in real estate and reading and watching shows on staging homes, I feel I can offer some free expertise on the subject. Plus, I'm experienced on what buyers want and expect and how most buyers are visual and cannot see past what is in front of them.
Another story I remember is about a home for sale in Oak Lawn that was a unique floor plan that one builder incorporated into a particular subdivision in the area in the 1960's. I have never seen this same home since. It was a nice home that had a few full, wide steps up from the living room, giving it the appearance of it being a "sunken living room." Not quite a 3-step ranch, not a raised…
Read Full PostHome Staging Stories - I
I have been giving home staging advice before it was called "staging." One of my fondest memories was the appointment I went on for a Burbank IL real estate listing. It was a basic split level style home with 3 bedrooms, formal living room, kitchen and down a few steps was a family room.
A family of 7 lived here and it was time to move on as they were very cramped. I walked through the home and we went over things that I felt the house needed in order to sell at the price the sellers wanted to get. There were some repairs that were needed but the first thing that I told them was that they had to clean up the family room.
This room must not have been used for its purpose in years. It was stacked from wall to wall and top to bottom with furniture,…
Read Full PostTrying Out A New Walking Path In Palos Park
My son, Chad and I like to take the grandkids on walking paths to help us keep in shape. We used to push the kids in strollers but they outgrew that and now walk on their own.
Sometimes they run too far ahead of us (especially on this winding trail) and sometimes they stop our stride by fooling around. We have to stop fighting, have to help with falls and need to stop to tie shoes or take a drink of water.
For my blogs and some variety, we like finding and trying out different paths. I don't know who told us about this particular trail, but it sure was interesting.
There are several different trails intertwined around Horsetail Lake located in Palos Park around McCarthy Rd. & 108th Ave. We looked at the map and figured we'd simply walk the…
Why Do Search Engines Hate Real Estate Sites?
If you have a real estate website and have studied the search engines you are probably aware that se's are not thrilled with the multitude of real estate websites that they have to sift through for their search engine index. I don't think our industry is treated fairly and with a true knowledge of our business practices.
I realize that there are many, many real estate websites and some use duplicate content and others use shady seo practices. Many real estate agents don't know about seo at all and many that do cannot afford to hire professionals. Some go out on their own and learn some blackhat methods such as hidden text, cloaking and keyword spamming. They might not truly realize these are frowned upon by the search engines and can cause more harm… Read Full Post
Agents That Don't Listen Lose Buyers
Two of my last buyer clients came to me through my websites. They did not start their search with me. They searched because they were unhappy with the agent they started working with.
Over the years I have ended up working with buyers that left their original agents. The biggest complaint is that their agent did not listen to them. They only gave properties in a higher price range or without wanted amenities or in areas not requested by the buyer.
We all get the buyer that wants what they cannot afford. I'm not talking about that kind of buyer. I'm talking about buyers that I listened to and found them a property they were very happy with.
One of my most recent closings was for buyers of LaGrange real estate. Their complaint was
a bit…
Using The Camera For More Than Just Pretty Listing Photos
I use my digital camera a lot for real estate to take many photos of a home for sale to use in photo slideshows, virtual tours and still shots on my websites. Like some of my portable tools, it doesn't always stay in my car but usually sits on a shelf on my desk until I need it. Sometimes I wish I had it with me when I'm out and miss a good photo op (still not sure how to download photos from my cell phone and I'm also not sure of the quality).
Yesterday I had a closing for La Grange real estate. This was a nice brick home that passed the inspection with flying colors.
Since the closing was a bit later in the afternoon we decided to take our final walk-through right before the closing. It's a good thing we did since they were still moving and…
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Judy Orr is in her 24th year as a REALTOR® in the southwest & near west Chicago suburbs. Judy mainly works in southwest Chicago, southwest & near west Cook County and northeast Will County. Read More
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