Just want to say - great discussion thread. Many good answers. Enjoyed the Sharon Lewis one.
I'm open to all forms of compensation that a prospective buyer client proposes. The hourly fee would certainly drive efficiencies and perhaps raise a better potential for a rebate for the buyer and is a good idea - as long as the buyer agrees with what the billable hours are. Certainly more accounting involved though. My clients enjoy the fact that they can align their financial interests with mine - instead of the opposite. IE - incentive where I get paid more when their price goes down and less when it goes up - unlike the trad. agent. Or there's always fixed fee plus incentive - or just fixed fee - or many other options. In the end - it is a win if both parties feel like it was fair compensation for services performed. The current incentive scheme in Real Estate is very flawed - with agents getting paid more when their buyer's price goes up - and not working under contract with their client - so they have to accept whatever the payout is - and they may push one property over another to their client - because the payout may be higher on one of them. My company eliminates all such biases with buyer clients here in the Chicago area - and aligns our interests to be the same...
Easy access to everywhere" - backs up to a freeway"Grandma's house" - hasn't been updated since granny moved in and still smells like her"As the bird flies" - you have to navigate a tangled network of streets to get there"Light and bright" - everything is painted white. Looks like a hospital."Light, airy basement" - daylight visible through the cracks in the foundation"Retro décor" - think avocado and pink toilets and bathtubs"Turnkey" - seller didn't want to haul off the old furniture."Unique design" - you have to walk through a bathroom to reach one of the rooms"Walking distance" - up to two miles"Water front" - perhaps on long-dried up lake bed and even backing up to retention basins.
Agree with Phillip that Zillow can contain off market property either under contract, sold, cancelled etc. So can Realtor.com by the way & many other sites.Feel free to go to www.buyerbrokerchicago.com to access a very cool map based view of Libertyville homes - and search by just about any parameter you can think of. Everything you see is available - vs sold.My company (called an Exclusive Buyer Brokerage) is quite unique in that we never represent sellers - so we are always on the buyer's side - looking out for their best interests - without the conflicts of interest that "buyer agents" can have (they and their company list property for sale) My company is based in the NW Burbs & is located right next to Libertyville.Have great day!