Category: Selling a Home

Not the brightest realtor out there

Ever so often a realtor I worked with or met back when I was house hunting will reach out to me and ask if I found a house or if there is anything they can do to help.  Usually it’s an agent I met at an open house who then added me to their mailing... Read more »

The Green Zone Litmus Test

Since this blog started out about house-hunting and it lives in the Real Estate section of ChicagoNow, I figured I should still occasionally write about Realty, property and related topics. What is the Green Zone? In certain local Real Estate Circles, the term Green Zone refers a subset of neighborhoods that are set apart from... Read more »

Why Isn't this house Selling

Back in October, I wrote about Stupid Seller Tricks. What I forgot to add to that post was that it isn’t always clear who is doing the driving: the seller or their agent. The house is listed as MLS 08420018 (note: you may need to create a Redfin account to see all the history). Notice... Read more »

The Mythical and Elusive Creature known as The Comp

Today I want to talk a little bit about comparable sales, or “comps” as the realtors call them. If you want to sell your home, you have to figure out how much can get for it. Sure you could just add the amount of money you want to how much you still owe on your... Read more »

Have Home Prices come back enough to sell your home?

Everyone seems to be buzzing that the Real Estate Market is returning. No one seems to have a clue what it is returning to. Anyone who has been paying attention knows that home sales have finally started moving in the up direction after so many years in the slumps. Pundits who write about Realty finally... Read more »

Hold your horses Condo Owners, it's not 2005 pricing just yet

For the last several years, real estate insiders have been claiming that this year is the year the market returns to normal. It appears that they are finally correct since inventory is low and sale prices have increased for SFH. It seems every day a new listing appears only to get snapped up under contract... Read more »

The Return of the Pocket Listing

Once upon a time in the Land of Realty, real estate brokers regularly gathered to share information about properties they were trying to sell. They agreed to compensate other brokers who helped sell those properties, and the first MLS was born, based on a fundamental principle: Help me sell my inventory and I’ll help you... Read more »

Super Bowl is over, time to get selling or buying, or both

So now that the Super Bowl is over, people’s thoughts have returned to the spring realty market. Specifically, is this a good time to sell? Most everyone agrees that it is still a good time to buy. So the only remaining question is, is it a good time to buy and sell? At brunch the... Read more »

Super Bowl brings start of Real Estate Season

In a couple of weeks a long awaited event returns. No I”m not talking about the Super Bowl. I’m talking about the beginning of the Official Spring Real Estate market. Most realtors will tell you that any time is a good time to let them sell your house. However, if you were to put your... Read more »

Sellers experiencing painful Learning Curve

In the early days of the Real Estate Bust, many a seller placed their home on the market and watched it sit.  The Days On Market (DOM) would grow to triple digits.  They would try tricks like dropping the price a few hundred dollars and/or relisting to make it seem like it just came on... Read more »