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Home Selling in 60160 : Real Estate Advice

  • All9
  • Local Info0
  • Home Buying3
  • Home Selling6
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Activity 6
Sun Aug 23, 2015
Christopher Pagli answered:
Trulia is an agent only platform at this time, all listing must be through a broker.

0 votes 1 answer Share Flag
Mon Mar 25, 2013
Geoff Ommen answered:

Where are you looking for it to post?

Geoff Ommen
Broker Baird & Warner
0 votes 2 answers Share Flag
Mon Jul 30, 2012
Suzanne Hamilton answered:
MLS rules require within 3 days of the start of the contract. Then, it all depends on the buyers. Marketing will take a couple of weeks to start going. And there is no telling how often.

My advice is to go over your expectations and the reality of the market with your listing agents. You should know exactly what they are doing for you per contract. You also should know what may or may not happen. Make sure you are in contact with your agent every couple of weeks on progress. But most of all. Be patient. This is not an easy market for sellers, especially at your price range. There is a smaller market pool for luxury. As long as your agent is doing what they said they would do, let them do their job. You can do your part by keeping the place impeccably clean and showroom ready, be flexible with showing times (even if it can be inconvenient) and stay out of the way of Realtors when they are showing. Let them do their job.
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0 votes 5 answers Share Flag
Fri Jun 8, 2012
Lyle Wolf answered:
Our MLS can take up to 24 hours, though usually no more than a few. The photos need to be reviewed by the MLS to insure compliance with all rules and regulations before they post, nothing pornographic, etc.

After that they are fed through the IDX (Internet Data Exchange) to and a host of other websites which also includes other real estate company websites. This process can take many days. I tell my clients it can take a week for everything to filter out through the Internet. Also, the Internet is like the Wild West. Once the listing information gets out there we often have little or no control as to how data is formatted, which data is displayed, where it ends up, or whether all of it is accurately displayed.

I once found one of my listings inaccurately combined with information from another Realtor’s listing on a website in Poland (in Polish).
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0 votes 12 answers Share Flag
Thu Oct 22, 2009
Michael Ofsanik answered:
In Illinois you have 3 business days to back out of any legal contract. In real estate transactions there are a few circumstances that allow you to back out of a contract, one being the results of the home inspection. If things are found that are not acceptable or the owner refuses to fix items you find important you can back out of the contract.

Best advice is to contact a real estate attorney.
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0 votes 4 answers Share Flag
Sun May 18, 2008
Vassi Saviano answered:
I had a situation once where the monthly cost of the home owners insurance was putting the total monthly mortgage payment higher than what the buyer was qualified for a total monthly payment by the mortgage company. We had to do some serious insurance shopping in order to get the deal closed. Since your buyer was having issues getting approved in the first place, perhaps this is the reason he wants to back out. Have your attorney and or Realtor look into the matter further. ... more
0 votes 8 answers Share Flag
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