Profile picture for vishgoel

Good Real Estate Agent

Hello Everyone,

I am planning to buy a house in Schaumburg/Hoffman Estate area. Can someone suggest a good real estate agent or any resource to find out who is a good agent in that area.

Thanks
  • October 12 2009 - Schaumburg
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Answers (12)

Profile picture for Ofe Polack
I will be delighted to put you in touch with an agent in that area.

Click on my picture to contact me directly.  I need your name, tel and email addresses so that an agent can contact you directly.
  • October 12 2009
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i would interview at least 3 agents
  • October 12 2009
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Drive around and notate 3-5 agents in the area that have listings and give them a call to setup an interview and see which one you fit best with.

Also, there are a few Schaumberg agents listed to the right of your question/responses who utilize Zillow. You might try them.

Be wary of agents who live outside your area/city/state who are willing to refer an agent to you as they may not know the agents personally and will refer you to somone so that they can get a percentage of the commission as a referral.

  • October 12 2009
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Profile picture for klarek the realist
If your agent ever tells you "now is the best time to buy", fire them.
  • October 12 2009
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Klarek,

Not saying I agree or disagree with your statement, but if home prices go up and interest rates go up, wouldn't this be the best time to buy? No one can say for any certainty what the future holds...hindsight is always 20/20.

But the combination of lower prices compared to the past, and interest rates artificially low, the arguement can be made that this may be a good time to buy.

However, it is not the sole reason to buy...want vs. need, rent vs. buy, financial situation, job situation, etc, etc, etc are all things that need to be considered whenever someone looks to buy.

There are certainly indicators that show we may be in for a housing slump following the expiration of the Tax Credit. Like the auto industry, we have pre-bought future sales. Somehow we need to get back to a natural cyclical market that is independent of Tax Credits, artificially low interest rates, stringent or can you fog a mirror underwriting guidelines and anything else that props up any product.

Let it rise and fall based on what consumers feel is a fair and reasonable price.
  • October 12 2009
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Contact a local board in your county of choice. they are a nuetral place and direct you to where you need to be. Also when interviewing a buyers agent make sure to check references and interview more than one realtor.
  • October 12 2009
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Profile picture for klarek the realist
May be in for a housing slump after the credit expires?  The market will fall to its knees, guaranteed.  It displaced almost all future buyers in a desperate attempt to fool people into thinking the market bottomed.

Home prices hardly ever go up when interest rates go up.  The market is still correcting.  The govt has instituted a massive bribe scheme to get people to buy.  Anybody purchasing now for their $8k will be paying 10, 20, 30k more.  In my neighborhood alone prices went up $40k since its induction.  Without that, prices would still be tanking.  Which means, when that goes away, prices will tank enormously. 

And no, low rates are not a good thing.  Say you're paying $1600 for a house at 5%.  What does that same property cost at 8%?  Say, $2000?  In a market that is almost completely leveredged by these loans without any meaningful down payment, that sort of rate increase would drive down prices another 25% or so.  I'd rather pay 25% LESS on a house and have the option to refinance if rates drop than pay that much more for a house, be stuck underwater for years, and have no way to ever refi.
  • October 12 2009
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Profile picture for agentblu15
Klarek-

The govt has instituted a massive bribe scheme to get people to buy.  Anybody purchasing now for their $8k will be paying 10, 20, 30k more.  In my neighborhood alone prices went up $40k since its induction.  Without that, prices would still be tanking.  Which means, when that goes away, prices will tank enormously. 

This is certainly true for entry-level housing and in areas that are dominated by first-time homebuyers, but it's a bit too broad a brushstroke for "the market" in general.

There are many other areas of the country, and many neighborhoods within those areas, that see very little action from first-time buyers.  Those areas are not seeing the huge influx of "need to buy now" first timers to drive prices up, and any agent worth their salt in those areas isn't positioning or marketing their listings toward the tax credit crowd.  For those areas, now could very well be the best time to buy, because rates ARE low, values HAVE dropped, and while first-timers are falling all over each other to get a "deal" on a starter home, there are some very good deals out there for more established buyers.
  • October 12 2009
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Profile picture for Robert.Northfield
I suggest that you visit few open houses and meet agents in that area. You may also ask anyone you know in the area for recommendation.
  • October 12 2009
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I have been a Schaumburg Realtor for 25 years. May I help you?
  • October 26 2009
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Profile picture for Corcoran1
Best thing to do is call in 3 agents and go with the one you feel the most comfortable with.
  • October 26 2009
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Vish. Talk to someone you know who has recently used a realtor. If that does not work, interview 3. I work with several if you are looking for a referral from a non realtor.



www.seanccochran.com

630-330-2229
  • November 03 2009
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