Category Archives: Top Chicago Real Estate Agents

4 Advantages to 2018 Autumn Home Buying-Chicago Real Estate

Do you know that the Chicago real estate market and 2018 conditions are also influenced by the seasons?

Right next to spring, fall is one of the busiest Chicago real estate time-frames of the year. Although you can buy and sell houses at any time, the 2018 fall Chicago real estate market offers certain benefits to home buyers and sellers, including year-end tax breaks, pleasant weatherFallRealEstate conditions for moving, and often a wider selection of houses. If you are shopping for a home during the fall and don’t want to miss out on a great opportunity, it’s a good idea to explore the possibility of pre-qualifying for a loan and to know what type of Chicago home you’re looking for and what you can realistically afford to buy.

Down below are the basic 4 benefits you can expect to enjoy during the autumn months:

 Getting Ahead of Mother Nature

Buying a house before the deep freeze of winter sets in is very appealing to most home buyers. Low temperatures and poor weather conditions make moving more difficult. No one wants to worry about icy roads, snowstorm warnings or blackout conditions on moving day. Furthermore, by wintertime, most kids have settled into school, established friendships, and become involved in extra-curricular activities. By moving in early autumn, not only do you avoid interrupting your children’s schooling (or higher educational pursuits in the case of teen and adult family members), but you gain the added benefit of eluding the sweltering summer heat.

 Historically more home-buying choices

Given that home buying and selling is at a peak during the fall season, the real estate world often becomes a highly competitive arena. While there may be added pressure to buy due to the quicker turnaround of houses on the market, at the same time you also benefit from the wider selection of homes available during this period. In fact, between the months of September and December, you may be fortunate enough to visit several open houses in a single day. Therefore, to make sure you don’t miss out on finding your dream house, it’s a good idea to examine the classified ads more often since the listings are updated more frequently.

 End-of-year tax breaks when closing

Come September and October, people are already starting to think about what year-end tax breaks they may be eligible for. Fortunately for homebuyers, owning a home can yield great dividends in tax returns. For example, both mortgage interest and property taxes are deductible from gross income. Furthermore, if you have prepaid some interest before the due date of your first payment and you close your loan before the year’s end, that amount will also be deducted.

 **An autumn tip to note

Given that fall is the second busiest season of the year for buying and selling houses, you may be tempted to put a bid on a home that is out of your price range for fear that another buyer will better your offer or snatch it before you. Carefully assess your financial situation ahead of time and before your feet hit the pavement.

Ian Schwartz with The Ian Schwartz Group, a top-selling Chicago real estate agent, one of the highest producing Realtors in the nation, consistently the #1 agent in Resale Sales Volume averaging more than 50+ million dollars in sales per year, knows Chicago real estate. He and his team are committed to listening and analyzing the needs of both buyers and sellers. They enjoy giving conscientious service and earning trust, loyalty, and friendship, all while providing concrete real estate results. They are located in one of the United State’s top ranking Coldwell Banker residential real estate offices-Lincoln Park Plaza – Clybourn Office, Illinois 60614-5881. More information HERE and HERE

 

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2018-Back to School and Pre-Autumn Advice-5 Common First Time Home Buyer Mistakes: Chicago Real Estate

Buying-School-First TimeAre you a first time Chicago home buyer this 2018 fall season…enthusiastic and ready to get into the real estate market? It’s certainly that time of year when individuals consider moving whether for work, school, to reduce costs, better lifestyle access, the list is endless; but are you aware of the common pitfalls associated with taking the plunge? Listed below are the top 5 tips to consider before making the “move”:

  1. They don’t ask enough questions of their Realtor and/or lender and end up missing out on the best deal.
  2. They don’t act quickly enough to make a decision and someone else buys the house.
  3. They don’t find the right agent who’s willing to help them through the home buying process.
  4. They don’t do enough to make their offer look appealing to a seller.
  5. They don’t think about resale before they buy. The average first-time buyer only stays in a home for five years or less

A long-standing resource with over 15 years of experience, Ian Schwartz with The Ian Schwartz Group has enjoyed representing both first time home buyers and sellers as a top performing Licensed Broker/Real Estate Associate in Coldwell Banker’s high producing Lincoln Park Plaza office, one of the top five ranking Coldwell Banker offices in the Country. Ian and his team will have all your bases covered. They combine forces to ensure that your overall real estate experience will be exceptional. They are located within the Lincoln Park Plaza office

Top Summer 2018 Remodel Projects That Produce the Biggest Bang for Your Buck-Chicago Real Estate

RemodelingIt’s summer time, often an opportunity to update, change and add on to a Chicago home. But which one provides the biggest bang on home improvement ROI? Below is a list that breaks it down and sheds some light:

Chicago homeowners who updated their most frequented rooms and those who added on more living space often enjoyed the biggest return on investment, according to Remodeling Online’s latest Cost vs. Value Report. The annual report is the result of responses from 300 real estate professionals in 60 markets nationwide. Remodeling Online asked the pros what level of return a given remodeling job would provide if the house were sold within one year of the work. On the average nationwide, kitchen and bath remodels along with second-story, bath, family room and master suite additions were rated tops. Experts say newness and spaciousness are key.

From a minor kitchen remodeling job’s return of 88 percent to a 71 percent return on both a major kitchen remodeling job and a master suite addition, here’s a look at what gives you the top five best returns for your money. Maintenance-related jobs are excluded. For periods longer than a year between the remodeling work and the home sale, expect smaller returns.

Although the data is updated annually, the figures below should give you a general idea of what return you’ll get on your improvements.

 Best Returns:

Home Improvement Job Cost Resale Value Cost Recouped
Minor Kitchen Remodel $17,928 $15,278 85.2%
Window Replacement (Wood) $11,040 $9,416 85.3%
Bathroom Remodel $12,918 $10,970 84.9%
Window Replacement (Vinyl) $10,160 $8,500 83.7%
Two-story Addition $105,297 $87,654 83.2%
Major Kitchen Remodel $54,241 $43,603 80.4%
Attic Bedroom Remodel $44,073 $35,228 79.9%

Source: Remodeling Online/Hanley-Wood.

Resale/Selling Value Tip:

The psychology of newness and more spacious quarters translates into top resale value when several conditions work in conjunction:

  1. Curb Appeal
  2. Remodeling to Existing Standards
  3. Quality of Work

Ian Schwartz with The Ian Schwartz Group is among Chicago’s top selling Realtors.  Look to him and his team this summer 2018 to provide unparalleled client-centered service, dedication, passion, and top producing results; all while working to earn the trust, loyalty and friendship of each and every buyer or seller they represent. More info HERE

Advantages to Selling During 2018 Winter Months-Chicago Real Estate Market Trends

What is the whole truth about Chicago 2018 winter real estate? Homes are more likely to sell in winter than at any other time of year. Not only that, they sell quicker and they often sell for more money. These statistics hold, at various Winterhomepercentages, whether the home is in balmy San Diego, Calif., or snow forming parts of the Midwest.

Some national news headlines do us no favors by claiming that the reason for any possible winter sales slump is because of February’s “cold, dark weather” across most of the country. Sure, that can be a deterrent, but most of the slide in sales may be due to the media helping to form public perception that winter is a horrible season for real estate deals…simply not the case. Successful Chicago real estate professionals know better. Winter is actually a great season to sell a home, and below are just a few of the many reasons why:

Less Competition From Other Sellers

“Just your luck – you have to sell your home in winter, the slowest and dreariest sales season of all,” begins a column on winter real estate from USA Today. “Winter can be the toughest season to put a house on the market,” claims a writer at Fox News before he goes on to give tips to increase “chances of a winter sale.”

Naturally, many homeowners read these news items and decide to hold out until spring. Worse yet are the homeowners who take their homes off the market as winter approaches, aiming to re-list in spring. Sadly, they may be missing a prime opportunity to finally get the home sold – and for top dollar. Because other homeowners took the bait, however, there is far less competition for those that do list, and Chicago homeowners are definitely in the driver’s seat in a winter transaction.

Buyers Are More Motivated During Winter

What would motivate someone to buy real estate in the dead of winter, especially in areas with wicked weather? Job transfers are high on the list of reasons, so if you practice real estate in an area with large influxes of transferees aka relocating to Chicago, winter is an even better time to sell.

“It’s true that if your home isn’t on the market in winter, the new Microsoft manager relocating from California won’t see it and will thus buy another home,” writes Seattle agent and broker Sam DeBord for the Seattle Post-Intelligencer.

“But that same situation for a home seller who is on the market is magnified. Your competition is nowhere to be seen,” he continues. “While the buyer may have had 30 homes to choose from in June, there may only be 10 homes that fit their criteria in January. If they are motivated to buy, they will choose one of those 10 homes.” More information HERE

February 2018 – Ian Schwartz with The Ian Schwartz Group is dedicated to ongoing high ranking, top performing, client focused Chicago real estate expertise in winter and through all seasons.  This top producing, nationally awarded, savvy Chicago real estate team prides itself on leaving no stone unturned to find you the perfect home. If you are a seller, Ian and his experienced team will pour their hearts and souls into effectively marketing your home online and in print to have it seen by the largest possible audiences around the world. They will take all necessary measures to bring qualified buyers in the door and close the real estate sale(s) with ease.

Top 3 Questions to Ask Before Listing- Chicago Real Estate Experts

Ok, so you’re thinking that you plan to sell soon, and you’ve already chosen your Top producing Chicago agent. You are in the middle of cleaning, painting and prepping the home. As the listing period approaches, it is time to dig2015 sold_pc_Schwartz_LPP_db_1 deeper into the final pricing, sales and marketing plan. The ultimate list price or go-to-market strategy may change based on inventory levels and the competition. As you get closer to finalizing the listing, there are some questions you’ll want to ask your real estate agent:

Based on our list price, how long can I expect to wait before receiving an offer?

Coming up with a list price should be a transparent and ongoing discussion. Your price will determine how long it takes to receive offers. If you chose to price it low, expect to see offers within the first few weeks, if not days. If you go for the high-end of the price range, expect six weeks — maybe longer — and also plan for a potential price reduction along the way.

What is the open house and broker’s open house strategy?

Every market is different, so what worked for your Uncle Bob in San Old Town may not work in your smaller suburban city in another other part of town. But find out what does work. Agents should have at least one broker’s open house or broker’s caravan and a few Sunday open houses in the beginning.

Many agents will tell you that open houses don’t work. Others will advocate for them every weekend. Find out what other sellers are doing by studying the market yourself. One-size-fits-all may not be the best approach.

What’s the highest price my home could attain given its size, location and space?

You can’t up and move your house to a different location. And a fourth bedroom or a second bath isn’t going to appear magically. So there will be a limit based on your home’s layout, square footage, number of bedrooms and baths, as well as the lot size. Better understanding what a fully renovated home with broad market appeal would sell for will help inform your price, and you can work backwards from there. More information and tips can be found HERE.

May 2015-With over $20,000,000 SOLD so far this year, Ian Schwartz with The Ian Schwartz Group wonders, will you be next? With a client centered approach to high ranking, top performing, dedicated service, this optimally producing Chicago real estate group wants to continue to prove….everything we touch turns to SOLD!

 

Happy New Year!…..Chicago Real Estate

What a great year for Chicago real estate! The Ian Schwartz Team feels fortunate to have been deemed a 1st, 2nd and 3rd quarter top producing real estate group in 2013. In addition Ian continues to rank in the top 1% of Realtors locally and nationally. For more than 15 years, Ian Schwartz has enjoyed representing both Chicago buyers and sellers as a Licensed Broker Associate in Coldwell Banker’s Lincoln Park Plaza office, one of the top five performing Coldwell Banker residential real estate offices in the United States. Over the past 10 years, Ian has been the number one agent in Resale Sales Volume in the Lincoln Park Plaza office, averaging more than 25 million dollars in sales per year; 2013 was no different.  We look forward to ensuring that every 2014 real estate experience is exceptional.  If you are a Chicago buyer, no stone will be left unturned to find you the perfect Chicago home. If you are a Chicago seller, Ian and his team will pour their hearts and souls into effectively exposing your home online and in print to have it seen by the largest audience possible. They will take all necessary steps to bring qualified buyers in the door and close the transaction.

2013-review-IS

Happy New Year Chicago. It’s a good life in 2014 and remember…everything we touch turns to SOLD!

What is your definition of Good Customer Service?

Ian Schwartz with The Ian Schwartz Group, highly values client customer service. He is among the top producing real estate agents in the city of Chicago; awarded this honor for the 2nd quarter of 2013. Look to him and his team for buying, selling needs, as well as a profound pulse on the Chicago real estate market, all while providing a high performing client centric level of optimal customer service.

IanSchwartz-2ndQtr-2013

The Spy Who Shopped Me

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Here at The Spy Who Shopped Me, we believe one of the most important things you can do is get involved in all areas of your business. After all, when you’re involved in just running of your business as the boss, it can be hard to see what is really happening and it can be even harder to identify areas that need improvement. Of course, it happens. You get caught up in new products, rosters, trying to hit targets and potentially dealing with Head Office that sometimes those simple things can be forgotten.

It’s hard to be involved in every aspect of a business and we know that. The problem is when it comes to setting standards for customer service, you are the only person who can do it. For some people, this can mean being hands on but for others, it can also simply mean keeping a genuine eye…

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Do You Have the Right Chicago Agent?-Top Performing Chicago Realtors

It cannot be said enough, finding the right Chicago Realtor is priceless! For some the top ranking, production-performance numbers, and volume matter most. These factors are certainly important, but experience, professionalism, tenacity, sincerity, patience, and an appropriate sense of humor can be just as sought after. At the end of the day, is your real estate agent a good fit for your needs, and do you really know what a good Chicago real estate agent offers? Below are a video introduction and 2 strategic benefits of using a top results driven Chicago Realtor, that may surprise you:

Reputable insider information.  In a recent survey, home sellers and buyers said one of the biggest benefits they got from their agent was an understanding of how the buying process works. When it comes to something as infrequent, complex and high stakes as buying or selling a home, having a reputable real estate brand/firm and trusted real estate professional, who is dedicated to your Chicago real estate success can alleviate your anxieties and otherwise put you in a power position; when it comes to making smart real estate decisions.

IanSchwartz-WhyColdwellBankerChicago

Breaking down options you weren’t aware were possible. There’s no shame in NOT knowing everything there is to know about real estate – even very active real estate consumers will only buy or sell 5, maybe 10 homes in a lifetime. But your Chicago real estate agent does this all day, every day, for the span of their career. With experience comes expertise in:

  • Chicago neighborhoods
  • Setting up buying/selling action plans
  • pricing plans/cost projections
  • home staging strategies and resources
  • contract terms
  • marketing options/tools
  • negotiation strategies
  • post-closing protections/service provider recommendations

The bottom line: The more comfortable you feel recommending your agent, the more likely you are to be profoundly pleased with the ways your Chicago real estate agent/broker can help you. See a few of Ian Schwartz’s recommendations HERE and HERE:

More information on selecting the right real estate professional HERE