Here's a little holiday cheer from my hood. Most condos on North Winchester between Lawrence and Foster in Ravenswood come with life size snow globes.
Have a good one.
Let this be known as the shot heard around Giddings Square.
In case your new to "Da Nort Side" some entitled meatheads (and Mrs. Meatheads) feel they can secure, save, reserve, and basically claim a parking spot in the public way because they dug their car out of the snow.
I find this practice so idiotic that I almost ruined Christmas two years ago arguing with an Auntie In-Law about its merits; she in the pro, me in the con. In a past life, in a past condo, on a past street, I tossed the furniture into one entitled neighbor's front yard who also thought they owned the street in front of his/her building.
What kills me is that this is many times perpetrated by homeowners that own parking spots, be it the garage and/or a drive way. So let me get this straight: We all pay taxes. We all park on public Chicago streets. We all get snowed on. We all shovel our cars out. But you have “rights” to that spot?
As a home owner, parking space owner, and continued street parker I implore you to quit this practice. Get your furniture out of the street.
Merry Christmas. Dummy.
On the northwest corner, you'll bump into Fiddlehead Cafe. This place has stuck and it seems people enjoy it. We have not sampled yet, but one day when Ryne can sit still in a restaurant... It has a somewhat more refined feel and seems to draw the families visting their kids who live in the city. I'd like to hear more about it.
And how can you have a great corner without Starbucks? That's on the southeast corner. Gotta love the huge bathroom to change the kid. The Old Town School of Folk Music students and staff definately call themselves regulars. And top notch baristas as usual.
And this has been great corners in Lincoln Square
2. Price. Each owner took my advice on where to price the unit. Most owners want a higher price than I suggest... feeling that their home should get it and people will make offers no matter your price. What they are really afraid of is leaving money on the table or having no room for negotiation.
This is not the case in this market. One must create value and urgency... steps one and two combined will accomplish this goal. If you are priced correctly, leaving emotion out of it, the home will sell close to asking price. No need then for much negotiation on price.
3. Access for showings. This comes in play with today's busy buyer. When a home buyer NEEDS to buy, they will buy in that moment of realization. Job transfer, lease is coming up, school will start, wedding is coming up, or they have one week to look between major work assignments or travel. When it is decison time, we need to have access to show.
I've talked about my own NEED to BUY NOW. I just received a contract on our condo, my wife was six months pregnant and we needed to be in a new bigger place and settled before the baby came. I saw something that struck a chord and bought it two days after I had my sale under contract.
This process is the most difficult in my client-Realtor relationship. If the Realtor is good, he/she will insist on these steps. It will be contentious at times as the property owner will doubt the work needs to be done or think the price is too low. No one knows the property like the owner, but know one knows how the property will sell than someone who represents over 20 buyers a year... and knows why they buy.
Photo by Leo Reynolds
I know... lame. But I just had a conversation today with a client. They took their listing off the market this month and will bring it back in... March. March.
Of course, I feel this is a big mistake. Oh, I don't have the listing. How can that be you ask? I am representing them on the buy side, but they chose a discount broker on the sell side. First, they have sold a couple places prior and second, they have a "crazy" dog which would make a Realtor useless for showings. So there you go.
But I feel waiting until March is a mistake. I guess I should back-track here. They have had slow traffic as of late (and they have told me some of this was due to the discount broker not relaying showing requests or even having a working appointment system). The last time this discount company was used years ago, it went well. This time, not so good. Problem is, who is accountable?
It's not unusual to take your place off going into the holidays. But it's not always the best thing to do. For one reason, inventory is at it's lowest, so you may stand out if your place is looking good. Secondly, there are transfer buyers coming in, serious buyers who have not found a place yet and new buyers looking to close before March leases are up all out there NOW.
Many leases come up March 1st...and even March 31st. And, it usually takes a minimum of 30 days to close. Mostly 45 plus days. You follow? Basically, you can miss a large part of the spring market by waiting until March to list your property.
Many worry about the market time. Fine, you take the place off in December, list in January and show the market time from the last year. Big deal. If your place is well located, say in Lincoln Park or Gold Coast, and looks good... no self respecting Realtor is going to pass it up.
I was also asked by a family friend if they should list now (it was the end of November) because they found another house they wanted to buy. Again, my answer was not based on the season, but based on how well their house will stack up against the competition. Will your house look great? Will the marketing be great? Will you price right?
The ban, for key arterial streets, begins Saturday Dec. 1st at 3 a.m. It remains in effect until April 1, according to a city Department of Streets and Sanitation release.
Cars parked on critical arterial streets with a posted seasonal overnight restriction will be ticketed and towed between the hours of 3 a.m. and 7 a.m., whether or not there's snow on the ground, the release said.
Motorists should also refrain from parking on designated "Snow Routes" when two or more inches of snow has fallen. During a heavy snow, cars parking on "Snow Routes" could receive a ticket and possibly be relocated, the release said.
Sun-Times News Group Wire -- Copyright Chicago Sun-Times 2006