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Home Selling in Schaumburg : Real Estate Advice

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  • Local Info11
  • Home Buying45
  • Home Selling13
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Activity 16
Sun Jul 9, 2017
Kathy Burgreen answered:
To list your home for sale by owner is FREE! There is no charge. Understand that the agents who advertise on all listings (including For Sale By Owner) pay monthly fees to Zillow and Trulia to appear on those listings. They need buyers to contact them. Briefly, they are paying your fee to list your home by owner. You cannot remove the agents. This is how websites like Zillow and Trulia make money - from these agents monthly fees.

I would also spend a few minutes and Google "Flat Fee Broker" for your area. This allows you to list your home in the local MLS system for a flat fee and you just pay a buyers broker a commission - about 3%. You end up saving 3% by not listing with a full service brokerage. The difference is when buyers contact realtors from Zillow or Trulia, these realtors will first check the MLS system and if your home is not listed in the MLS, these agents will tell the buyers that your home is NOT for sale. Agents don't bother to check websites to see if your home is for sale by owner.

You can test this out now. Pick any listing in your area that is "For Sale By Owner", call one of the agents who appear on that listing and pretend you're a buyer. Tell the agent that you're interested in this home and want to schedule an appointment to see it. See what the agent says. If he/she says something like "The home is not for sale or has been sold" ask the agent if they just checked the MLS system.
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Fri Jun 30, 2017
Arlene71.burke asked:
Thu Jul 23, 2015
Noah Seidenberg answered:
There are so many reasons. Too highly priced, bad photos, the are is not as popular as it used to be? You need a professional Realtor, you can give me a call if you would like. I just sold a townhouse in Schaumburg among others. Is that your area? ... more
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Fri Nov 21, 2014
Derrick Sly answered:
We lived in a very hot house for a long time. We were working on the AC. We had to retrofit it to the old house and it wasn't very effective. Besides that, the insulation was terrible.

http://kasselac.com
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Tue Oct 28, 2014
Flseacat answered:
Some houses have built in features; nice wood mouldings, french doors, lovely light fixtures, etc., which serve to "dress-up" the empty home. But if your house is very plain, no wood trim, basic lighting fixtures, and those flat, luan doors, you're going to need something to turn on the emotions of the buyers. IMO, staging can help sell a plain, tract house with boxy rooms all painted the same off-white color. Staging can add personality and get a buyer's imagination going, ... more
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Mon Sep 22, 2014
craftswmn asked:
we just bought a handy man specail mobile home and are renovaating it. Funds are very tight so we want to sell the one we are living in as quickly as possible. What is the fastest route…
0 votes 0 Answers Share Flag
Thu Oct 3, 2013
William Chu answered:
Hhmm, shell out $30K to refinance a small mortgage? From a previous answer, why NOT find a tenant to rent your Schaumburg condo. If you have $30K, then you could use some of it as a down payment with a mortgage loan toward your bigger home purchase (to accommodate your growing family).

CONTACT me if you want to discuss this more in detail.
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0 votes 7 answers Share Flag
Wed Jun 19, 2013
Martin Foster answered:
Hey Mark.

If you have a good existing relationship with your realtor, use him/her for both. However, i do recommend making sure they are good at both the Listing & Buyer side.

Buyer side, ask them questions about different situations in buying a home. on the Seller's side, Ask him/her to explain & perhaps show you how they would market your property!!!

A realtor can most definitely be skilled at both ends (Buyer & Seller). Just make sure you do your homework and ask plenty of questions! :)


If you have any other questions, feel free to call my cell 630.429.4486
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0 votes 11 answers Share Flag
Fri Jan 20, 2012
Janet Baier answered:
Chris: You "pad" only the portion of the tax bill that is unknown. For example: If you receive your tax bill for 2011 but you close some time in 2012, then the proration is 100% of the 2011 bill (because you know exactly what the charge is) and then add the inflated amount only for the portion of 2012 you still own the property. The reason for the pad in the first place is because taxes usually increase and each county has its own tax cap. The pad is to cover the amount of possible increases in that county.

If you close 2012 before you know what your 2011 tax bill is, then pad will be based on the last known complete tax bill - 2010 - and everything else will include the padded amount.
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Sat Oct 23, 2010
Robin Silverberg answered:
The square footage adjustment depends on the value, and your location. There is no set amount to use, and you can find 2 different appraisers using different sq ft adjustments, different adjustments for bathrooms, all sorts of thing. ... more
1 vote 1 answer Share Flag
Mon Nov 23, 2009
Mark Risting answered:
Sue,
The agents below have already advised you to contact them so they can solicit your listing.
I find it interesting that they did not give you an idea of what your home could sell for.
I conducted a search in our MLS and now have some market data for you. This data is from the past 12 months. There are currently 5 active listings that have 3 BR's,1.5 bathrooms and a fireplace.
The average list price is $204,320 and the average days the porperty has been marketed is 116.
There were 3 homes like yours that sold. The average sold price was $186,933. Days on market 105.
There are also 3 homes like yours that are currently under contract but those are either HUD forclosures or short sales. The average list price on those properties is $118,300.
If you haven't already listed your home, I would like the opportunity to give you some additional straight talk on how together we can market your home to get it sold. I look forward to talking with you if you have any additional questions about your home.
Have a great Thankgiving holiday!

Sincerely,
Mark Risting
Prudential Starck Realtors.
Schaumburg
630-550-1953.
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0 votes 6 answers Share Flag
Mon Jul 6, 2009
Brandon Schuppe answered:
I'm sure some of us are really bitting our lips on this because we're really limited as to what we can say.

As a "Full Service" Realtor, all I can suggest is that you share your story with others after this.

I really wish you luck!
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0 votes 24 answers Share Flag
Mon Jun 15, 2009
Heidi answered:
The only way to get your unit sold is to find out the most recent sales in your subdivision and price your unit accordingly.

Visit me at http://www.palatinehomesforsalespalatineproperty.com ... more
0 votes 5 answers Share Flag
Thu Apr 23, 2009
Phow answered:
Wed Mar 11, 2009
Bob Brandt answered:
As some of the answers you are getting are coming from out of state Realtors with differing laws and customs, the easy answer is to just have one attorney handle everything for the both of you. A friendly family transaction will go smoothly and the inexpensive attorney does it all for you. ... more
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Sat Oct 18, 2008
Lyn Sims answered:
There alot of different points to consider first. Tax consequences? As a realtor in the area we do help with rentals, suggesting a rental price, evaluating your lessee, etc. I currently work with some investors that I help with homes in Schaumburg & Hoffman Estates.

Contact me for more information please.
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