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Pricing Your Home by Carol Best Jameson Sotheby's International Realty Winnetka | Barrington IL

by Carol Best | North Shore & NW Suburbs

Home sellers, these quotes/statements are taken directly from The Residential Specialist magazine:

Ask Alexis Bolin, CRS Emeritus, to explain her strategy to price a home and the Pensacola, Florida-based broker associate with ERA Legacy Realty counters with a quick reply: “I don’t set the price. The market sets the price. I’m the messenger."

Acting as messenger, however, is no light task. The role involves collecting, analyzing and delivering timely market facts, figures and statistics that indicate what buyers are currently willing to pay for a property similar to the seller’s. This in turn demonstrates where appraisers are setting market value and what lenders are willing to lend.

With facts on the table — and the REALTOR’S® skilled guidance to interpret the data — the seller’s best price range will rise to the surface. “Now it’s up to the seller,” Bolin adds. “They can either price their home to sell or they can price it to sit.”

When Bolin asks sellers what they think the statistics mean, the logical answer is that buyers aren’t buying homes in that range in this neighborhood at this time. If the seller is motivated, the next step is to find a price range that is attracting buyers. “When I do the homework and get the right statistics, sellers eventually see the right price range. It may not be as high as they’d hoped, but based on the facts, they’ll know the price range fairly represents current market value.”

“Let’s say you want to list at $150,000, but the absorption rate shows us that $145,000 to $149,000 is the area’s hot range,” Brun adds. “I could try talking the seller down to $149,000 or I can point to the graph and say, ‘Here’s where you are, here’s the hot zone and the difference is $1,000. What do you want to do?’ It’s tough arguing with numbers, and in the big picture, $1,000 is pennies — although even that small amount can make a big difference in how fast a home sells. So the answer is usually pretty easy for the seller to make.”

Great job Alexis Bolin - I could not agree more! That is why we are CRS designated agents - the Top 3% of all agents nationwide.

posted by Carol Best | Jameson Sotheby's International Realty | Winnetka Evanston - Chicago - Gold Coast - Lincoln Park - Barrington IL | call/text to Carol Best or email Carol Best @ me.com **

 

 

Jameson Sotheby's International Realty = Barrington IL 60010 Broker with Highest Sales Price

by Carol Best | North Shore & NW Suburbs

There's obviously a variety of ways to look at statistics. Jameson Sotheby's International Realty does not sell the most single family homes in Barrington, but it does have the highest average sales price of $842,396, taken direct from the MLS statistics as of March 22, 2016 for the last 12 months.

The next closest competitors are at:

- $699,493 
- $598,671 
- $530,499
- $441,941

If you are contemplating selling your home, we'd love the opportunity to represent you.

For more information, feel free to contact Carol Best, you'll be glad you did!

Carol Best | Master Certified Negotiation Expert - MCNE 
call/text: 773-799-5939 or CarolBest @ me.com

Jameson Sotheby's International Realty
Chicago | Gold Coast | Lincoln Park | Evanston | Winnetka

Top Agent Magazine - IL - Carol Best North Shore and NW Suburbs

by Carol Best | North Shore & NW Suburbs

Read the latest issue of Top Agent magazine that features Carol Best. If you are thinking of buying or selling, Carol would be happy to provide you with her straight-forward approach to the facts and statistics. Serving: Glencoe, Northbrook, Deerfield, Winnetka, Barrington area and more!

Email Carol: CarolBest @ me.com or call/text to: 773-799-5939 ** 

 

 

Winnetka, IL Area Info & a Quick Video Tour

by Carol Best | North Shore & NW Suburbs

Jameson Sotheby's International Realty in Winnetka, IL

Click here to watch a short 3+ minute video about the community, a historic house [and find out who owned it].

If you're contemplating a move to the North Shore of Chicago, contact Carol Best of Jameson Sotheby's International Realty in Winnetka, IL for a personal tour of the area.

eMail Carol Best for more information or call/text to: 773-799-5939 for a personal tour or more information.

Meet Chris Feurer - the CEO of Jameson Sotheby's International Realty by Carol Best

by Carol Best | North Shore & NW Suburbs

Working for the Best of the Best
Jameson Sotheby's International Realty & Carol Best

Carol Best joined Jameson Sotheby's International Realty to best represent her sellers & buyers in the most outstanding way possible! Clients have choices - whether you are relocating out of state, downsizing, a first time buyer, or a move-up buyer.  

What comes to mind when it's time to buy or sell a property? Negotiation Expertise - Trust - Integrity - Professionalism - Superior Marketing - just what is most important to you?

Working with Carol Best: She will guide you through the biggest transaction of your life. I cannot guarantee it will be painless or easy; however, my 23 years of experience will prevent errors & when something unexpected comes up, you will benefit from me having your back and going to bat for YOU! 

Click here to quickly meet Chris Feurer, our CEO & a true professional in every sense of the word. Jameson Sotheby's International Realty doesn't want to be the biggest, but we are one of the best, with first-class representation every step of the way.

Contact Carol today to represent your best interests. She has sold and closed properties from the Gold Coast [$1.8 million, to Barrington Hills, $1.9 million and many other communities in between because her clients trust her].

Carol Best @ me.com
call/text to: 773-799-5939

Client Testimonials - click here

BUYERS: Click here to search for homes by email.

posted January 29, 2016*

Smart Keys: Virtual Keys - say YES to Security!

by Carol Best | North Shore & NW Suburbs

Smart Homes & Smart Keys:  2016 Housing Trends


For those of us who love technology, efficiency and of course safety, think of the ways that you, your family and/or children might benefit from having a smart key - for your home or office.

Here are some examples of smart home locks when it comes to security:

AUGUST LOCKS

August Locks for your home and guests - click here.

August Locks and how they work - click here.

August Locks and how to order - click here.

 

KWIKSET LOCKS

 

No more fumbling for your keys... just touch the smart lock to open for the ultimate in convenience.

Meet Kevo by Kwikset - the evolved key - click here.

Meet an eKey - an encrypted electronic key - click here.

Meet Kevo Plus - smart phone access and monitoring - click here

posted by Carol Best

 

Are the Big Banks/Lenders Tanking Your Local Real Estate Market?

by Carol Best | North Shore & NW Suburbs

I actually posted the below article on HousingWire a year ago, but they didn't approve my comments for publication. Here's what the public needs to know:

When I see a large bank listing their $1.2 million dollar REO/bank-owned property with an agent whose business [last 12 months] is 99% closed rental units of $1,000/month or less, and that same downtown Chicago bank then lists their other REO properties in the $300,000-600,000+ range with an out-of-area broker [25 miles or 50 minutes away] and that broker typically sells properties at an average price of $150,000 and cannot even take a somewhat decent photo of the house... then convince me these bankers are not STILL "taking down the neighborhood values" by their continuous inept decisions. They don't know the meaning of due diligence. I don't think this bank is even properly qualified to sell their own REO properties and that's a fact!

Unfortunately, there is no agency watching these banks - especially not any State of IL oversight committee. To think that back in the late 1990's the bankers wanted carte blanche real estate licenses to sell homes! Talk about the FOX in the HEN HOUSE!! Selling credit default swaps and playing the Ponzi* scheme - for which Bernie Madoff is in jail - turned into its own shell game. Do you know of one banker that spent any time behind bars or lost their house? I think the CEO of this large Chicago bank should list his multi-million dollar house with the "rental" agent that lists his REO properties when it's time to sell! Who do you think he'll choose... the agent that lives 50 minutes away who does mostly rentals?

*Ponzi scheme is a fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator.

4 Stages and Lifecycle of Too Much Stuff

by Carol Best | North Shore & NW Agent

1. Childhood - Desired Items:

First and shortest stage when you dream about stuff you desire.

2. Youth - Acquired Items:

Now you're able to start buying stuff - enjoying the thrill of the hunt, maybe at garage sales [shopportunity] or discount stores... and learning the value of money. 

3. Middle Age - Enjoyed Items:

Proudly purchased and displayed treasures... until you ultimately tire of these items. 

4. Old Age - Redeployed Items:

The once-adored objects are now in the way. That's when you take a really close look at your stuff and decide it's time to place your treasures in a garage sale. The redeployment signifies a rebirth and a new life cycle for your once-treasured items. You'll know when this time arrives, because...

Life's true treasures have absolutely nothing to do with stuff!

taken in part from a much enjoyed article by Pam Tallman in the Orange Coast magazine.

Carrier HVAC Equipment - Leaking & Corroding A-Coils - BUYER BEWARE!

by Carol Best | North Shore & NW Agent

Do builders receive special deals from Carrier or is it just the "Carrier way" to off-load marginal equipment? Here's my experience - you decide - here's my letter to Carrier:

Hello, in July of 2007 I moved into a brand new 2-story townhome. FYI, there are a total of 72 townhomes and 11 single family homes in my subdivision complex. Every owner is pretty much miserable when it comes to the lack of adequate cooling and heating. It is the talk of the neighborhood at our local park, which happens to be about 300’ from my front door.

From day #1 when I moved in, the unit has been inadequate when it comes to both heating and cooling my 2040 sq. ft. townhouse. This morning I talked with Terry, the Owner of Air-Rite Heating & Cooling in Naperville, IL, [630-264-1150] as his firm was hired by Red Seal Builders out of Northbrook, IL and they installed all the units as I know it. I’ve asked Terry to send me his calculation of the sq. ft. and how Air-Rite chose to install a 3-ton unit for my above ground 2040 sq. ft. [not including the basement sq. ft.].

As it turns out, the A-coil freezes up in the summer, as there is at least one leak [if not more] in the A-coil. A dye-strip was placed in the unit on Saturday, August 2, 2015 and 4# of refrigerant was added. Both receipts are attached.

Unfortunately, this is NOT going to be the last service call I need in order to fix this leaking problem. The HVAC person [Carrier certified] will need to come back for a 3rd house call to determine what & where it is leaking. There is now a future cost to this problem. 

My question is, should the entire A-coil be replaced since it appears to be corroding from the inside out? 

The rule of thumb is that it is 1 Ton per 600 sq. ft. which means I should have had a 3.5 Ton unit installed, if they make such a size.Carrier needs to accept additional responsibility for leaking and/or corroding A-coils. I cannot make one positive statement about this HVAC experience. An undersized unit coupled with a corroding/leaking A-coil is unacceptable. It has exceeded its useful life at 8 years, when in fact it should last for at least 18 years.

CARRIER'S ANSWER VIA EMAIL ON E-20-2015:

Thank you for your email to the Carrier Management Review Board. They have reviewed your file and asked that I respond. On behalf of Carrier, I am sorry to learn of the problems you have had with your equipment.

The warranty coverage you received from Carrier at the time you purchased your equipment was a limited warranty on parts only, from the date of installation. The coverage on the evaporator coil would have been for 5 years. The labor warranty coverage would have been provided by the installer for a period of time as determined by them. Typically, the installer will review with the homeowner, options to purchase extended warranty coverage for parts and/or labor.

We understand that the costs associated with the repair of your equipment is almost always unexpected. We sympathize with the stress and inconvenience that unexpected expenses can have on any family; however, we will not be able to provide compensation or a concession beyond the terms of the original manufacturer warranty coverage.

We appreciate your patience as we reviewed this matter, and we are sorry that we are unable to provide an answer more in your favor.

It's time for me to write to the CEO - this is like a Ponzi scheme!

Sell Your house for MORE $$ by Staging & Decluttering - Carol Best - Top Agent

by Carol Best | North Shore & NW IL Agent

North Shore & Northwest Suburban IL - Carol Best

If your home is not selling, there could be a few issues:

1. you chose the wrong agent - not enough listing expertise perhaps?

2. professional photography - there isn't any

3. your agent chose a listing price out of thin air

4. too much stuff - so here are a few ideas:

Most buyers are looking for more space. They want to know they’re going to have room for everything (and everyone) and they’re not going to grow out of their house too soon. 

Get rid of clutter

This is probably the most important secret to increasing the illusion of space. Remove items you don’t use and don't add to the overall look. Keep closets and shelves orderly.

Paint the walls

Use off-white or neutral colors to make rooms appear light and spacious. Light gray in the in color right now.  

Consider off-site storage

If you’re running out of room for all your stuff, move it into a storage unit while your house is on the market. If it's warm out, have a yard sale to get rid of unwanted items and turn stuff to dollars, or find a local Goodwill drop-off location and or donate to charity. If you itemize your taxes, be sure to obtain a receipt from Goodwill for a tax write off.

Remove some furniture

Potential buyers need to be able to walk around your house without bumping into chairs and tables. Put some furniture into storage until you move. Leave a spacious walking path throughout your house. 

Organize closets

Clean out and tidy up those closets! It might help to invest in an organizing system. Remove clothing that you have not work in 18 months.

Clean up the garage

People want to know they can fit a car (or two) in the garage. Clean out your garage and neatly organize everything that absolutely must stay there.

Mirrors and drapes

Place mirrors in strategic places. Remove fussy window treatments to enhance the illusion of space.

Small space doesn’t mean you have to be cramped. If you are looking to sell, feel free to contact me for a no-obligation market analysis. Here's a quick hotlink - click here.

posted by Carol Best | cell 773-799-5939 *

Displaying blog entries 1-10 of 187

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Jameson | Sotheby’s International Realty
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North Shore & NW Suburbs IL 60015
Call or Text: 773-799-5939

                        


                        

           
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