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Real Estate in 2016 Led by Dan Suwinski.

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Presentation on theme: "Real Estate in 2016 Led by Dan Suwinski."— Presentation transcript:

1 Real Estate in 2016 Led by Dan Suwinski

2 About Me 5 Years as a Realtor GRI Certified Local 

3 KCM Market Update

4

5

6 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 

7 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

8 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

9 Identify Your Wants/Needs

10 Making an Offer and Negotiating
Coming up with a price range to settle Days on the Market Closing Credits Home Warranty Earnest Money

11 Sample Contract

12 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

13 Sign Closing Documents

14 Welcome Home!

15 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

16 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

17 Discuss and Decide List Price

18

19 Get your Property Ready to List

20 List Your Home and Wait for Appointments!

21 Negotiate Offer

22 Transition from Contract to Close
After buyer has inspection, negotiate any additional terms Make any necessary repairs Make moving plans

23 Enjoy Your Proceeds!

24 Popular Real Estate Websites
Trulia Redfin Zillow Realtor.com HomePath

25 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

26 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

27 Skokie According to Trulia

28 Skokie According to Zillow

29 Skokie According to Realtor.com

30 Skokie According to Redfin

31 Redfin Search Results

32 Skokie Foreclosures on HomePath

33 Let’s Click Around! http://www.realtor.com/ http://www.zillow.com/

34 Questions?

35 Thanks for attending!


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