I personally have lived in the West Town area for 15 years and participated in 104 transactions in that specific hood.
I have owned 4 properties in the neighborhood and listed or sold every category of real estate, including commercial and rental property, in West Town.
My experience is that the market price is what a distressed buyer is willing to pay and what a distressed seller is willing to accept.
I have found that the magic formula is 3-5 showings per week with an offer to purchase by the 10th showing, or the real estate is 7% over market value. Technology leaves almost no variance in that opinion.
I have also found that property has to be in motion to sell. If something sits, it typically will sell for 5% less than the market's optimal price. This is a simple matter of call-to-action statistics. If a property is not calling buyers to action the property will only support the sale of similar properties that are inferior values.
I also know that a sale is a 3-step process:
Premarket, 1st Offering, and Price Negotiability.
I can point to 95% of all sales and show this pattern as the best practice to sell real estate.
Most importantly
The marketing @properties Christie's International Real Estate provides with The Largest Agent Pool and the Best-In-Class production keeps our clients at the forefront of the market line.
My Promise and only purpose
I am here to help you optimize your value and negotiate the best path to a successful transaction
I have done this more than 500 times in Chicago over the last 20 years .
Our team has done this over 5000 times over last 20 years.
Our company has been the most successful real estate company in Chicago for the last 15 years.
