Archive for June, 2016

Think You Know What Realtors Do? You May Be Surprised

June 28, 2016

Think You Know What Realtors Do? You May Be Surprised

Think you know what a real estate agent does on a daily basis?  You might have to think again in order to correctly identify all the responsibilities on the shoulders of your REALTOR (a real estate agent who is a member of the National Board of Realtors).   You most likely would be surprised—and impressed—to discover the wide range and long list of activities undertaken by your REALTOR in your pursuit of buying/selling a home.

A basic job description would include renting, and buying, and selling (oh, my!) real estate for clients, interviewing potential clients, previewing and showing  property, discussing sales conditions, drawing up and presenting offers, holding open houses, and writing contracts—all the while meeting deadlines and hand-holding when necessary.  Oh, but there is so much more for your REALTOR to do, including, but certainly not limited to, the following duties:

  • Staying current with market trends in your area
  • Analyzing comparables
  • Exploring and evaluating mortgage options
  • Finding buyers or properties for clients
  • Scheduling appraisals
  • Keeping up with changing federal/state laws and program
  • Negotiating between parties
  • Preparing MLS listings
  • Promoting properties via ads, web sites, videos, and virtual tours
  • Completing required courses, attending seminars, and the like
  • Coordinating inspections, walk-throughs, and closings

But did you know that the National Association of Realtors awards grants to groups of state and local real estate associates who attempt to go above and beyond in promoting and expanding housing opportunities in their communities?  These REALTORS work together to design and implement affordable housing programs and are thus eligible for the NAR grants twice a year.  In addition, the NAR offers programs, training, and resources for these groups.  Click here for details of the Housing Opportunity Program.

Remember, real estate doesn’t sell due to advertising alone. In fact, a large share of real estate sales comes as the result of a practitioner’s contacts through previous clients, referrals, friends, and family. When a property is marketed with the help of a REALTOR®, you do not have to allow strangers into your home. Your REALTOR® will generally pre-screen and accompany qualified prospects through your property.

Contact us!  We’re qualified, experienced, and looking forward to assisting you.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

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Portage Park Home For Sale: 5249 W Dakin Street

June 19, 2016

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Portage Park Home For Sale:

5249 W Dakin Street, Chicago IL 60641
2 bedrooms | 1.5 baths | MLS# 09260453

Perfect Portage Park location! Charming Dutch Colonial on leafy residential street only one block from Portage Park. Enter into the living room with glazed tile decorative fireplace with adjoining sun room. A formal dining room leads to the kitchen with stainless steel appliances, rear family room, and half bath. Upstairs there are two generous bedrooms & a full ceramic tile bath. The master bedroom has double closets, & there are hardwood floors under the carpeting. Full, clean & dry basement for storage and laundry room. There is a good sized fully fenced yard and a newer 2.5 car garage. Gas forced air furnace, humidifier & tear off roof in 2013. All replacement windows. Walk to Portage Park with pool, water park, tennis courts, dog park, new playground, nature walk, bike path, skating slab, gym, cultural center and “hundreds of sports, early childhood recreation and cultural programs, as well as fantastic family special events.” Great starter home in awesome location!

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Don’t Lose Your Dream Home To Another Buyer

June 16, 2016

Don’t Lose Your Dream Home To Another Buyer

Perhaps you have been searching for your dream home and you have already found the one you really want but before you get a chance to do anything about it you drive by and notice it is ‘under contract’ or ‘pending’.  If this happens to you, don’t give up on your dreams there are things that you can do to make things go in your favor.  Below are a few ideas for you to try if you find that your dream home is about to slip through your fingers.

  • First of all if you find that the home you have your eye on is ‘under contract’ you need to know that you shouldn’t give up. Under contract doesn’t mean that the sale has taken place it only means that an offer has been made but that it hasn’t closed yet.   There is still a good chance that the home may come back on the market again especially if the buyer cannot come up with the funds needed through financing.  Another reason a sale pending may fall through is if the inspection doesn’t work out.
  • Talk to your Realtor and let she or he know that you are interested in the house that is under contract. Many times seller’s agents will continue to show a home until the last minute.  They do so because they may be hoping for a better offer than they currently have.  They also do this so that if the funding falls through for the current bidder they will have someone else in line to make an offer quickly afterwards.
  • If you REALLY want this house and you don’t want it to slip through your fingers you can always make a higher bid than is currently in play. If you can afford to do this, it can be an easy way to make things go in your favor.
  • Sending a handwritten note to the seller is a great way to let them know just how serious you are about purchasing their home. Hand written letters are pretty much a thing of the past these days and a handwritten note may make all the difference in the seller’s decision.

Some of these tips for snatching your dream home  out of ‘under contract’ or ‘pending’ status are pretty unconventional but if you really want the home to be your own you may be willing to do whatever it may take. In the end if you don’t end up getting the home, there is another one out there that is better for you and your family.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!

Tips For Making Your Home Inspection Go Smoothly

June 10, 2016

Tips For Making Your Home Inspection Go Smoothly

Whether you are selling your home or you are looking to buy a home, there are a few things that you need to know to help your home inspection go as well as it possibly can.  Home buyers need to know that the house they are buying is in good shape and home sellers need to be on the up and up when selling their home. When it comes to home inspections there are a few tips that can help the inspection go smoothly and the process be as stress free as possible.

  • If you are selling your home and you have a home inspection on the schedule, do your part to make it easy on the inspector by getting your pets out of the house while he or she is doing the inspection. Your home inspector may love and adore animals as much as you do but your pets being under their feet during the inspection will not make the job any easier.
  • During a home inspection, typically the potential buyers are inside alone with the inspector and they may want to look around to take one last look at things before making a final decision. If you want to make a good impression on those potential buyers, you may want to clean up the clutter you have left laying around.  Believe it or not clutter can cause a potential home buyer to walk away without making an offer.
  • As a homebuyer don’t freak out if the home inspector comes up with a list of things that need to be taken care of in the house. You need to realize that most houses have some sort of upkeep or maintenance that needs to be taken care of and that inspector’s are known for being nitpicky.   Realize too that most everything can be fixed.  Even the dreaded mold and radon.  Realize as well that home inspectors cannot predict the future and won’t be able to tell you how long something will last; they will just be able to tell you that it needs attention.

Hopefully these tips will help you out the next time you have a home inspector coming to your home, whether you are selling or buying.  Remember that the home inspector is there to help you not to harm you or to ruin your dreams.

MAKING A POSITIVE DIFFERENCE IN PEOPLE’S LIVES.

Karen Breen Elia & Louis M. Elia, REALTORS®, are brokers for homes, condos, and multi-unit properties on Chicago’s North Side.

ChicagoCityHomes, RE/MAX Exclusive Properties 
2951 North Lincoln Avenue
Chicago IL 60657
Toll Free: (866) 404-3585 Fax: (773) 938-1467  Send An Email

We know Chicago Real Estate!  Call us today!