What should you look for when relocating? Obviously one of most important choices is your agent. A good “marriage” of client and agent is essential. But how do you do that? Most Chicago real estate companies have a relocation team that helps make that decision based on a phone or email consultation.
What about the back-end support that your agent will provide? Here are a few of the elements you should look for in your Chicago real estate company, whether you are looking for a home or selling your home
Consider their technology. Find a leader in marketing technology. Here is a sample of programs and support systems that you should look for:
The website should also be able to viewed on mobile devices so you can call up listings while walking through the neighborhoods looking at properties. In addition, each listing should have its own website and has its own unique web address displayed on the Â‘For Sale’ sign
All listings should be professionally photographed and quickly and automatically distributed to many different portal websites.Â Ask you agent if they employ a comprehensive Search Engine Optimization program including adwords, keywords, metatags, blogs, and social networking ensuring that your listings are coming up first in web searches
In addition, make sure you agent has access to an ecommerce manager who can work with them on social networking, “eblast” programs & blogging to help you promote your listing if you’re going to be selling your property.
In Chicago‘s competitive real estate market, make sure you have a relocation deparemant and agent that work for you!
Many of us use LinkedIn and various other social networking sites because we hear it everywhere that we need to but do we really understand the value of it? Here’s a quick insight into LinkedIn to get you started.
The “relocation business” may be down in Chicago – depending on how you spin the numbers. As a transferee moving into or out of The Windy City there may still be some cause for concern. Sellers wonder – “Will I sell my home in Lincoln Park?,” “Will foreclosures in The Gold Coast affect the appraisal on my home?” On the other hand, I’ve seen some buyers come in with an entirely different set of problems.
We’ve had buyers who are ready, willing and able to buy homes in some of Chicago’s most popular neighborhoods, Wrigleyville, Lincoln Square, Streeterville, affected by their homes “not appraising out.” As they say, it’s hard to catch a falling knife, so estimating the value of a home on a day to day basis in this market is a challenge for even the savviest appraisers. (Note to relocation companies – Please use a LOCAL appraiser – Most of my experience with homes not appraising out have been with appraisers from outside the immediate market – and Chicago real estate has many many microcosms).
But despite what you may hear, the economy, globally and locally, still has many strengths. Ultimately, Free Market Capitalism will “save” Chicago relocation. The actual number of people we’ve moved has remained quite stable. The difference is that this is the highest volume of renters we’ve experienced in recent history. So all that money is simply sitting on the sidelines, waiting for the right time. That’s a bitter pill for real estate agents, third party employees and the plethora of affiliated business to swallow — But the market will eventually straighten itself out in terms of supply and demand, and as my friend and colleague Eric Bryn of Leading Real Estate Companies of the World told me – Get ready for a seat at the biggest real estate buffet in history — Of course the first reservation at that table might not be ‘til 2010! But all of these renters are prime candidates in 2010 (and yes some in 2009) to jump back into the game. If the Fed and the mortgage industry can keep rates modest, and if sellers and buyers can find a common ground, the market will return…..Like the phoenix from the flame.
While relocating through Washington DC just before the election on a Segway Tour, relocation professionals John D’Ambrogio (Baird & Warner- Chicago), Kim Givens (William Raveis – CT), Kevin Moen (Airvan – WA), Lisa Rhead (Helen Adams, Charlotte), John Carbonell (RMR, CT), Sharon Michnay (Halstead, NYC) and Allison Harvey (Arizona Best, Scottsdale) were interviewed by DC channel 9 with their opinions on the election.
Interest rates have dropped significantly today by .375%! The 30 Year fixed Conforming rate is now 5.875% at Wells Fargo Act quickly since the usual trend of a large move like this can bounce back fairly quickly.
Kate Santo, Relocation Coordinator of Rubloff, was a speaker at the Leading Real Estate Companies of the World Fall Workshop in Chicago, Sept. 30-Oct. 1. The meeting attracted brokers, managers and relocation professionals from LeadingRE member firms across the U.S., who gathered for educational sessions and networking opportunities.
Kate’s session addressed Referral Management, a topic of great interest in the real estate community. As a respected expert in this area, Santo shared insights to help educate fellow Leading Real Estate Companies of the World members. For the full article click here:
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