4 Important Tips For First-Time Home Sellers

baby playing with pot on kitchen counter

Selling your home is one of those big life events. Because most people don't sell a home very often, some good solid advice in the beginning can help avoid making costly errors in judgement.

So where should you go for the best advice?  A real estate professional. Find someone that you can trust, invite them to your home, share your plans with them, and get all your questions answered. Get an agent involved before you start any preparation. A good agent's guidance will go a long way to save you time, money and aggravation.

Chicago's Jefferson Park Neighborhood Real Estate Update

Home sales up 15% in Jefferson Park Chicago

Each of Chicago's 77 neighborhoods has it's own flavor. Jefferson Park, on the Northwest Side, is known for being a family-friendly community and a popular residential area for Chicago's fire fighters, police officers and school teachers. With the North Branch Trail, Sauganash Trail, nearby golf courses and an abundance of parks and green space, Jefferson Park mixes a suburban feel with a city touch.

Chicago Housing Market Update

Chicago Housing Market drawing

Although we've heard some chatter about a possible housing bubble, it's too early to predict a change from the current situation in Chicago, and most other areas of the country, which is higher prices and lower inventory.

Wages have been increasing, but not at the same pace as home prices, and the mortgage interest rates have risen several times this past year. This situation potentially leads to affordability issues that can cause fewer sales at lower prices, in spite of the fact that demand is still outpacing the supply of available homes.

Complete Classes to Become a Licensed Illinois Real Estate Broker in TWO WEEKS!

Coldwell Banker real estate school

Is NOW a good time?

Complete your education requirements to become a Licensed Real Estate Broker in 2 weeks! Classes begin September 13th.

Where? Coldwell Banker Residential Brokerage - McMullen Office - 6400 N. Northwest Hwy, Chicago - 773-631-8300.

When?  Monday through Friday, 9:00a.m. to 4:30p.m., September 13 through September 26

The all inclusive packages combine:

Mike Stangel, Top Producing Broker, Chosen to Participate in NAR Pilot Program

Mike Stangel with NAR employees

Our own top producing real estate broker, Mike Stangel, was chosen by the National Association of REALTORS® to participate in their new 'Day In The Life of a REALTOR®' Pilot Program.

In order to provide better service to its members, the National Association of REALTORS® staff members are spending quality time with select agents, brokers, or local/state association staff. The purpose is to have NAR staff members come away from these interactions with empathy for what REALTORS® do each day, which will translate into even better service from NAR.

Congratulations To Our Top Selling Agents For May 2018!

CONGRATULATIONS TO OUR TOP SELLING AGENTS FOR MAY 2018!

Top Selling Agents

Mary Beth Balcarcel, Peter Bellert, Diane Bornell, Marti Corcoran, Hassan Dahik, Marti Janus, Dorota Kula, Sheila Kula, Cornelia Matache, Donaldo Pactol, Jan Robertson, Leslie Rodriguez, Mike Stangel and Anna Tabeau
*List is alphabetized by agent last name*

Investment Property Or Money Pit? Make The Right Choices

Investors preparing budget

Planning to purchase your first investment property? Caution and patience can keep you from making big mistakes. Listen to the advice of your agent and consider all the possible factors that go into making a good investment decision to prevent you from experiencing the many potential pitfalls that can turn your investment into more of a money pit. 

Here is some advice to help you avoid some of the most common mistakes that first-time real estate investors make.

Overpricing . . . NEVER a Good Selling Strategy!

brick home with a don't overprice graphic

The single most important factor to consider when selling a house is the price.  How much is your house worth in today's local real estate market? 

If you are thinking that you should overprice your home and then aggressively negotiate, think again.  Overpricing may be the biggest mistake you can make when selling your home.  Overpricing leads to a longer listing time and lower selling price.