Tag: home selling

Reality Doesn't Live Up To The Real Estate Negotiation Myth

Reality Doesn't Live Up To The Real Estate Negotiation Myth
At this point in my career I’ve witnessed or been a party to hundreds of real estate negotiations and I can tell you in no uncertain terms that the process doesn’t usually live up to the expectations of either home buyers or sellers. I actually wrote a really comprehensive blog post on this topic about... Read more »

The Best Time To Buy Or Sell A Home In The Chicago Area: Seasonal Prices

The Best Time To Buy Or Sell A Home In The Chicago Area: Seasonal Prices
About a year ago I looked at the best time to buy or sell a home in Chicago from a supply and demand perspective. Theoretically, looking at the market that way should get you the best price for a home sale or purchase. However, what does the data actually tell us? Well, I’ve done this... Read more »

Can A Lawsuit Preserve The Super Secret Pocket Listing?

Can A Lawsuit Preserve The Super Secret Pocket Listing?
Back in November I wrote about how the National Association of Realtors’ new Clear Cooperation Policy was going to finally crack down on the shady pocket listing practice and the super secret realtor networks that enabled them. As my use of adjectives and that previous post hints I’m clearly no fan of pocket listings. I... Read more »
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Mobility Trends: People Just Don't Move Like They Used To

Mobility Trends: People Just Don't Move Like They Used To
OK. This blog post sounds an awful lot like the one I did a little over 2 1/2 weeks ago where I talked about how long people are staying in their homes. But the data I shared in that post was less than ideal. It was biased by only looking at people who moved and... Read more »

Homeowners Staying In Their Homes A Lot Longer Than They Used To

Homeowners Staying In Their Homes A Lot Longer Than They Used To
The real estate industry has a lot at stake when it comes to how long people stay in their homes. The average tenure of homeownership directly drives transaction volume. An average tenure of 5 years would result in 20% annual turnover of the housing stock while a 10 year tenure would produce 10% turnover. The... Read more »

Selling A Home Fast With An iBuyer - Who Is Losing Their Ass?

Selling A Home Fast With An iBuyer - Who Is Losing Their Ass?
For about 2 1/2 years now I’ve been posting about the iBuyer real estate models – where a company will buy your house from you quickly, for cash. In a nutshell my concern has been that a) enough consumers are smart enough to take advantage of the mistakes these companies will inevitably make that b)... Read more »
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36% Of Home Sellers Cry While Trying To Sell Their Home

36% Of Home Sellers Cry While Trying To Sell Their Home
Last week Zillow released the results of a survey they did on home selling which revealed that selling a home was the most stressful event that people deal with in their lives except for a relationship breakup. It beat out planning a wedding, getting fired, or becoming a parent. In fact, according to the survey... Read more »

The Best Time To Buy Or Sell A Home In Chicago: Supply Vs. Demand

The Best Time To Buy Or Sell A Home In Chicago: Supply Vs. Demand
This is one of those blog posts where I think I know what I’m going to say but then I end up saying something totally different. I decided to take a different look at when is the best time to buy or sell a home in Chicago. In the past I’ve looked at this in... Read more »

How The Wrong Real Estate Attorney Can Screw Up Your Transaction

How The Wrong Real Estate Attorney Can Screw Up Your Transaction
9 years ago – almost to the day – I wrote a blog post about How To Choose A Real Estate Attorney, in which I explained some of the things that an attorney does to close a real estate transaction and where home buyers and sellers often make mistakes in choosing someone for this important... Read more »
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Zillow Offers: Are They Putting Their Money Where Their Zestimate Is?

Zillow Offers: Are They Putting Their Money Where Their Zestimate Is?
Zillow has gotten themselves into a bit of an awkward position with their new Zillow Offers program. They are now in both the business of providing ostensibly unbiased estimates of home values AND buying and selling homes. It’s awkward because, on the one hand, if they determine home values using something other than their Zestimates... Read more »