Home Buying in 53147>Question Details

Joe Regester, Real Estate Pro in 53147

What should you know before buying property in Lake Geneva?

Asked by Joe Regester, 53147 Sun Jul 1, 2007

All about wisconsin's buyers agency agreement!

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All of the responses offered thus far are helpful and deserve consideration. As an Accredited Buyer's Agent I agree that it's important for buyers to have representation going into the purchase of and negotiations for real estate. If you don't have a buyer's agent or an attorney negotiating for you, then you don't have representation and most of us would agree that's important. Keep in mind, that a buyer agency agreement can be tailored to meet the needs of different buyers and agents...it should not be a one-size fits all agreement.
I also agree there are a number of truly wonderful communities surrounding Geneva Lake each having its own personality, charm, assets and amenities. Williams Bay, with its charming town center, Lake Geneva with its energy and history, Fontana with its boating persona, the more rural communities of Bloomfield, Pell Lake, Lyons, - all have something to recommend them. Decide what's important to you and begin your research there. Are schools important? Then go to the web and investigate each districts stats. Do you want to know about safety and security? Go online or contact each communities police department. Is proximity to the lake or walking distance to town important? Study maps and take a visit. What about activities, organizations, etc. Do your research. Then it's time to interview realtors to fit one who is aa good fit. Work with one realtor and be clear about your objectives. There are so many wonderful things to discover about Walworth County - Janis Hartley
0 votes Thank Flag Link Mon Jan 18, 2010
Research the surrounding areas. Towns such as Fontana, Walworth, Williams bay and areas around the lake. You can have almost all the amenities of the great lake at your finger tips even living a few short miles away. Walworth is a great little town with a lot to offer. It's almost like a little city. Lots to offer and within minutes of the lake. Property values here are solid and people are discovering it every day and realizing it's a great, safe little town.
0 votes Thank Flag Link Sat Oct 24, 2009
Hmmm ABR discussion. Buyer's Agency is important to those working with Illinois buyers who are looking for property in Wisconsin. Illinois Agents are agents of the Buyer, whereas in Wisconsin we are agents of the Seller. A distinction many Illinois Buyer's don't know but are realizing.. Also, in Illinois, Buyers walk between agents ALL THE TIME. No one 'owns' anybody......but that is another story. . This talk could go on forever but you know mostly, Agents, are fair, honest and do the best for both parties. If you want, ABR could fall into the realm of E-Pro, SRES, GRI and all the rest. Maybe yuu don't need the initials....but Buyers do need to work with those Agents who know the distinctions between the state lines. The ABR initials designate you do.
0 votes Thank Flag Link Fri Jan 30, 2009
All this chatter about buyers agency is surprising to me. No one wants to talk about it, but buyers agency is essentially a way for brokers to claim you as a buyer, and make certain that they receive a commission no matter what you buy. My opinion only, of course. Buyers agency isn't nearly as important as finding an intelligent, articulate full time agent who is experienced and successful in this market and in the individual market you're looking in.
0 votes Thank Flag Link Fri Jan 30, 2009
You would want to know that there are 5 communities that border Geneva Lake. The town of Linn and Geneva, the Village of Williams Bay and Fontana and the City of Lake Geneva. Within those areas are condos and single family homes. There is an order to value with the lake, deeded boat slips and lake front, deeded boat slips and access, lake front and community access, community access. Areas of the alke will differ in price - you will want to tour with an Agent! And, there are many lovely lakes with a variety of price points if you decide that Geneva Lake is more than you wish to invest. Write to me at my email - conversation is always welcome. See you!
0 votes Thank Flag Link Sun Dec 9, 2007
There is such a wide variety of homes and lake properties in Lake Geneva that it's important to work with an experienced Real Estate Agent who knows the area.
Web Reference: http://wwwdeebark.com.
0 votes Thank Flag Link Sat Jul 21, 2007
Take the time to learn how Wisconsin's Buyers agency can protect you. Then hire an agent to help you find the right condo, or home, for you!
0 votes Thank Flag Link Sun Jul 1, 2007
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