Real Estate in Barrington & The Northwest Suburbs: Getting Top Dollar For Your Lake Barrington Shores Real Estate - Market Report Update

Getting Top Dollar For Your Lake Barrington Shores Real Estate - Market Report Update

Summer is hot yet coming to an end and schools will be back in session before the end of the month. Before we know it our thoughts will turn to preparing for Thanksgiving and Christmas.Perhaps for some of Lake Barrington Shores residents you'll be making plans to close up your home and head south for the winter. If you want to sell your Lake Barrington Shores real estate and get top dollar by the end of the year it may be time to review the market data.

You may also need to look at your pricing, condition, marketing to make sure everything is on track so you take advantage of the autumn sales period. We will look at market data first for trends in Lake Barrington Shores Real Estate and then the three things that will get your Lake Barrington Shores home sold. We will visit some of the aspects to review what might be missing.

Market Data - Pricing - Presentation - Marketing

Market Data

• There are 84 units for sale with an average marketing time of 194 days.
• There are 6 units under contract.
  
• This year to date there have been 30 sales with an average marketing time of 242 days.
• 3 homes were sold as foreclosures-i.e. bank owned units. No short sales this year to date.
  
• Units sold at 83% of the original list price-91% of final asking price-on average.
• Prices range from $150,000 to $479,000
  

Pricing

• Be sure your agent provides a market analysis before listing.
• Get a market analysis update after 3 months maximum.
• Look at your competitions pricing.
• Price with a sale in mind - not with emotion.
• Don't let an agent buy your listing i.e. they tell you what you want to hear.
• It might hurt but honesty is the best policy.
  

Presentation

• Location is established aside from desire for waterfront or golf course location.
• Spruce up the entrance way with seasonal flower pots.
• Neutral paint if you have loud colors.
  
• Have a hand in selecting the best photos-make sure you get lots taken.
• De-clutter. Yes I know you've heard it before.
• Be absent for showings. Go for a walk or to the clubhouse.

Marketing

• Ask agents how they are going to market homes-get them to show you.
• Pick agents with a good online presence - Google Lake Barrington Shores real estate and see what you find. Does it draw you in or are you lost by what you find?
  
• Ask agents if they attract buyers to Lake Barrington Shores real estate and if they have sold any.
• Ask your agent to keep you informed of progress-set a schedule.
• Test a Realtors response time to emails and phone calls. I recommend using a full time agent-they are more focused on getting the job done and will respond to inquiries promptly.

If the time has come for you to sell your Lake Barrington Shores real estate please contact me. As a buyers agent I have sold 215 Club Circle in June and have 947 Shoreline under contract soon to close. My web site attracts many buyers for Lake Barrington Shores-let me put your home in front of buyers today.

Copyright 2010 Corinne Guest All Rights Reserved - * Selling Your Lake Barrington Shores Condo Townhome or Duplex in Todays Internet Buyers Market *