Relocating to North Suburban Chicago-North Shore Real Estate

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On Chicago’s North Shore and around the country, relocating has become more common. Some relocate for work, have decided to move somewhere for greater lifestyle access, or are looking for aMoving-1 change of scenery. You may be faced with buying a home in a city that is not only unfamiliar, but in an area larger than anticipated. If you are a real estate investor or frequent vacationer, you might also be looking to buy property far from home base. Of course, buying real estate anywhere other than your current city presents a unique set of circumstances. Here are 4 tips for getting to the end goal….Relocation success!

1. Get a North Shore Real Estate Agent
Look for an experienced North Suburban Realtor/Broker in your intended village/city. Because of possible unfamiliarity with the area and the other unique challenges of not buying locally, you want to work with a professional who really knows what they’re doing. You may even be able to find an agent who specializes in helping people who are relocating, and who will be acutely aware of both your unique requirements and their ability to educate you about the local North Shore real estate market. You want a professional who can steer you toward exceptional neighborhoods and an ideal fit to with your lifestyle and overall needs.

Make sure you fully inform the North Shore real estate agent about your situation. For example, what is your moving timeframe? When will you be able to visit the area? Can the agent set aside a day to show you numerous North Shore properties while you’re in town? More than likely you’ll have limited time to view properties in person, and you’ll need someone who can help you organize and maximize your time. An experienced, high performing North Shore Realtor can do just that.

2. Get familiar with Possible North Shore Neighborhoods
All the usual criteria will also apply when searching for the right North Shore neighborhood – affordability, school quality, proximity to work, etc. The specific neighborhood you choose should reflect your current needs and lifestyle requirements.

3. Get Familiar with the Local North Shore Real Estate Market
Take advantage of all the resources available to you, including your Chicago North Shore real estate agent, in-person visits, chats with local residents, and online real estate reports, data, research, and listings to learn about your new digs. Ask lots of questions of your realtor, they are a wealth of market conditions information.

4. Don’t Avoid an In-Person Visit
And finally, once you’ve decided what you want, reviewed your must have list with your North Shore Realtor, done all your research, or found a few potential properties, you’re ready to get serious about taking the next steps and ultimately making an offer. But make sure you visit the homes in person at some point. Buying a home sight unseen can be tricky. No matter how much you trust your real estate agent’s sound judgment, the only person who really knows if you will like a particular property is you. More info HERE and HERE.

As a certified Cartus Relocation Specialist, Gloria Matlin helps out of area buyers and sellers find the perfect North Shore property to call home..On the Go? Move with Glo! She understands that moving/relocating can be an overwhelming and emotional endeavor. She prides herself on her North Shore community knowledge, involvement and; embracing the newest real estate tools/trends that keep her in the forefront so she can be there for her buyers-sellers 24/7.

 

 

Pocket Listings: What You Should Know-North Shore Homes For Sale

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On Chicago’s North Shore Real Estate options like “pocket listings” or exempt listings have become a more mainstream option for quietly marketing a home for sale. If you haven’t already heard of these popular real estate terms, you probably will.  Here is what you’ll need to know as a North Shore home buyer or seller about this fast growing type and a few examples to review:

Pocket listing- an unofficial, off-market Property

Also known as a “quiet” or “off-market” or “exempt listing”, a pocket listing is a real estate property that an agent keeps tucked away. Though the seller may have a signed listing agreement with a real estate agent/broker, the property for sale isn’t officially listed in the MLS. Other traditional forms of marketing may be downplayed, too.

Example of a North Shore off-market property currently for sale:

 

Exempt or Pocket listings- what they mean for buyers and sellers

If you’re a North Shore seller, you may consider testing the waters with a pocket or exempt listing, even if it’s just for a week or two.

For buyers, it’s important to work with a local Chicago North Suburban agent who has established relationships with other agents in the community. That way, you can be certain that you’ll be made aware of all potential North Shore homes for sale.

Coming Soon 2524 Augusta Way:

Contact Gloria Matlin for a private showing for any of these North Shore exempt properties.  847-835-6058

More info HERE and HERE

Top Tips for Pricing Your Home to Sell: North Shore Real Estate

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One of the single most important factors to consider when selling North Shore real estate or any property is the home price tag: how much your house is worth. It’s part art and part science, and often no two agents price property the same way. Having an experienced, top performing North Shore real estate agent as a guide certainly provides an edge, but knowing some basics will help shed light:

1. Area competition should be examined. Just how many other North Shore houses are for sale in your area? Are you competing against new or newer homes?

2. Remember comparables. What have other homes in your North Shore neighborhood sold for recently? How do they compare to yours in terms of size, upkeep, and amenities?

3. Opt for an appraisal. For a few hundred dollars, a qualified appraiser can give you an estimate of your home’s value. Be sure to ask for a market-value appraisal. To locate appraisers in your area, contact The Appraisal Institute or ask your North Shore REALTOR® for some recommendations.

4. Advice from a lender. Since most buyers will need a mortgage, it’s important that a home’s sale price be in line with a lender’s estimate of its value.

5. Accuracy is key. Studies show that homes priced more than 3 percent over the correct price take a longer time to sell.

6. Contingencies should be considered. Do you have special concerns that would affect the price you’ll receive? For example, do you want to be able to move in one month or four months?

7. Think about what you’ll take. It’s critical to know what price you’ll accept before beginning a negotiation with a buyer.

Feel free to visit our Coldwell Banker Residential Real Estate office for resources concerning your homes worth, or lender options. We are located at 640 Vernon Ave in Glencoe, Illinois-60022, part of Chicago’s North Shore community. You can also request an evaluation at www.gloriamatlin.com

Top Services Needed When You Sell: North Shore Real Estate

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I’m often asked, what are some of the top real estate related services needed through the selling process?  Ideally consulting with a North Shore real estate professional or associated expert to assist with the sale of your home is a must. Here is a list of common services you may need as you complete a real estate transaction:

  1. Real Estate Attorney
  2. Appraiser
  3. Home Inspector
  4. Mortgage Loan Officer
  5. Environmental Specialist
  6. Lead Paint Inspector
  7. Radon Inspector
  8. Tax Advisor
  9. Sanitary Systems Expert
  10. Occupancy Permit Inspector
  11. Zoning Inspector
  12. Survey Company
  13. Flood Plain Inspector
  14. Termite Inspector
  15. Title Company
  16. Insurance Consultant
  17. Moving Company

    Used with permission from Kim Daugherty, Real Estate Checklists and Systems, www.realestatechecklists.com .

Our Coldwell Banker North Shore residential real estate office , located in downtown Glencoe, IL -640 Vernon Ave-60022; can provide resources for the services recommended above. Feel fee to stop in for guidance. We pride ourselves on producing,  performing and maintaining 40+ years of superb North Shore real estate service.

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