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Real Estate in 2016 Led by Dan Suwinski
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About Me 5 Years as a Realtor GRI Certified Local
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KCM Market Update
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Buying Process Overview
Choose a Realtor Get Preapproved by a Loan Officer Identify your wants/needs and search! Present offer Negotiate Terms Transition from Contract to Close ENJOY your new Home
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Finding a Realtor Look for a Local Expert Ask friends or family
If someone you know has had a good experience with a realtor, that is a great place to start Read through reviews online from reputable sites Pick a Realtor that you feel comfortable with
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Pre-Approval from a Loan Officer
Loan officer your Realtor recommends Representative from your bank Someone a family member or friend has had a good experience with
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Identify Your Wants/Needs
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Making an Offer and Negotiating
Coming up with a price range to settle Days on the Market Closing Credits Home Warranty Earnest Money
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Sample Contract
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Transitioning from Contract to Close
Inspection Period Hire a Licensed Inspector to overlook the house and hardware Review report and discuss with Realtor/Attorney Attorney Review Attorney will review contract and make sure all terms are agreeable If repairs need to be made after the inspection, the attorney will request a credit/work order
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Sign Closing Documents
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Welcome Home!
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Selling Process Overview
Choose a Realtor Discuss and Decide Price Take tips from your Realtor to get your property ready to list Put home on Market Negotiate Offer (s) Transition from Contract to Close
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Finding a Realtor Look for a Local Expert Ask friends or family
If someone you know has had a good experience with a realtor, that is a great place to start Read through reviews online from reputable sites Pick a Realtor that you feel comfortable with
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Discuss and Decide List Price
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Get your Property Ready to List
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List Your Home and Wait for Appointments!
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Negotiate Offer
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Transition from Contract to Close
After buyer has inspection, negotiate any additional terms Make any necessary repairs Make moving plans
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Enjoy Your Proceeds!
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Popular Real Estate Websites
Trulia Redfin Zillow Realtor.com HomePath
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Pros of Real Estate Websites
Maximum Exposure for listing your home 90% of home sales in 2015 started online Easier than ever before for a consumer to educate themselves on the local market Provides a means to locate Real Estate Professionals
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Cons of Real Estate Websites
Data is not always reliable Cross reference with other sites A good online profile doesn’t always transfer to a skilled agent
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Skokie According to Trulia
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Skokie According to Zillow
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Skokie According to Realtor.com
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Skokie According to Redfin
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Redfin Search Results
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Skokie Foreclosures on HomePath
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Let’s Click Around! http://www.realtor.com/ http://www.zillow.com/
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Questions?
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Thanks for attending!
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