CHICAGOLAND2TO4FLATS.info

"Chicago's first comprehensive website for the multi-unit market"
Created by Bill Bein of Keller Williams Realty, 2106 N Clark, Chicago, IL 60614
Phone: 773-510-9021; Fax: 773-345-0789; Email: info@CL24F.info

READ: Laws of Real Estate Steps in the Property Search Ready-set-go (for 1st time buyers) (requires Adobe Acrobat)

We provide a uniform package of services no matter which of our agents you work with. Of course it's true you should have an agent with whom you have rapport and trust-we want to help that by standardizing the service you get. In our program, we put more emphasis on the computer support and software that is available, all designed to make you smarter and the process easier--and to enable your agent to better deliver on what you desire.

1. Closed-Sales Driving Tours
   We'll equip you with listing sheets for recent closed sales where the purchase price and current rentals are known. Add the info from the next step listed ("Property Analysis Worksheet/Other Data") and you'll quickly get a good sense of what that neighborhood is like for price and value.
   
   
2. Property Analysis Worksheet/Other Data
   A quick one-on-one session will get you set up with a customized Property Analysis Worksheet and will also cover other online sources of data you'll want to access.
   
   
3. Sales Spectrum Analysis
   For any neighborhood, we can help you see some of the sales spectrums that exist (like frame vs. brick; or bottom third-rehab, middle third-some work, top third-little or no work)-and this can help you narrow in on neighborhoods most affordable for you.
   
   
4. CONNECTMLS Automated Searches
   The best way to set up the right internet searches for you is to sit and work together to see what filters and controls most make sense. We can set up as many separate searches as needed to help you pick property to go see.
   
5. Worksheet Analysis on Property Seen
   We will fill out a Property Analysis Worksheet for each property seen-and we'll keep for you a running summary of all properties seen to date.
   
   
6. 6-mo, 12-mo and 18-mo Sales Data
   For exploding neighborhoods, 3-yr and 5-yr data can be ancient-we can provide multi-unit, single-family, and condo sales in 6-month intervals for the past 18 months for an area as small as 1 square mile.
   
   
7. Individual Market Analysis
   Any time you think you might be seriously interested in a property, we will check:
   
• Similar, nearby, recent sales: The greater the number of good comp's, the more precisely fair market value can be determined.
  
• Recent Property history: Sometimes some interesting info turns up...
  
• DOM (Days on Market): Depending on the season, type of property, and neighborhood, anything less than 60 days, for instance, may be normal, but anything over 100 may mean the market has judged this property overpriced.