In a sellers real estate market, some homeowners might be tempted to try to sell their home on their own instead of working with a real estate broker. This is commonly known asFor Sale by Owner, or FSBO. When the inventory of homes for sale is as low as it is today, buyers are eager to purchase virtually any house that comes to market. This makes it even more tempting to those selling their own home. Some sellers think selling their house will be quick and easy and see today’s market as an opportunity to list their home FSBO. We will explain why that’s a big mistake and may actually cost you more in the long run.
Home Sellers: Be Prepared to Evaluate Multiple Offers
If you are selling your home in today’s hot real estate market, you will probably encounter every home seller’s dream: multiple purchase offers. Typically, multiple offers result in a bidding war as competing buyers bid up the price of the home. This is great news for a home seller, but there are other things to consider besides the highest price when looking at multiple offers.
The Highest Offer Isn’t Always the Best Offer
A higher price can mean it is tougher for… Read More
Housing Demand Is Strong but Fewer Homes Are for Sale
The housing shortage continued into April because inventory levels, a metric the National Association of Realtors (NAR) has been tracking since 1982, were near record lows. At the end of April, there were 1.16 million units available for sale, a 10.5% increase from a month ago but a 20.5% decrease from a year ago. At the current sales pace, unsold inventory would supply the market for only 2.4 months… Read More
Six Simple Ways to Go Green In the Kitchen
Even a few small changes to your daily home life can add up to worthwhile savings for both your bank account and the environment. Most of these ideas are inexpensive and easy to incorporate into your daily routine. As the cliche goes, Every little bit helps! Try these ideas to save energy in the kitchen:
Upgrade to Energy Efficient Appliances
As your appliances age and need replacing… Read More
Design the Outdoor Living Space of Your Dreams
There’s nothing better than being outdoors with friends and family during the summertime. Maximize your enjoyment of nature at home by building a fabulous outdoor patio to spend your summer outside. Use these design ideas to create comfort and functionality.
Protect the Area from Rain and Sun
A patio cover will protect you and your guests from the harsh elements. If you can, have your patio cover built to look as if it has always been a part of your home. Attach it to your house with construction that matches your home’s roof. Wood is an excellent choice for a gorgeous, natural patio cover that will hold up for many years…Read More
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Featured Testimonial
by Melinda & Samantha
Melissa went above and beyond in all aspects to make sure my partner and I found the perfect home for us. She was available at all times and was willing to do anything we asked for or needed. Family and friends have used Melissa as well as their realtor and have had the same amazing experiences. She is always willing to be honest, look out for her clients and makes sure we understood every part of the process in buying our first home. She truly is a professional at what she does and is very caring.
June Happenings
Congratulations to Bob on the purchase of his new home!Congratulations to Cambria on the purchase of her new home!
Congratulations to Luke & Sheila on the purchase of their new home!
Congratulations to Ben & Alycia on the sale of their property!
Congratulations to Dan & Lindsey on the purchase of their new home!
Thank you for allowing WSP to assist you with your most valuable investment.
Lisa M. Wenzel
Managing Real Estate Broker
Should You Pay Extra for a Home Warranty?
A home warranty provides homebuyers with financial protection and peace of mind. It can be especially beneficial for someone investing in an older home. If an appliance or system covered under the warranty malfunctions or fails, then it will be repaired or replaced at no cost except for the cost of service.
While some sellers include home warranties in the sale, others do not; in which case, you may want to consider buying a home warranty on your own.
What Does It Cover?
A basic home warranty will typically provide coverage for the home’s plumbing system… Read More
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Broker: April Stary – 630 962-4820
Broker: Nina Rodriguez – 224 587-0780
Broker: Eumeka Aguado – 847 513-4433
Broker: Harmanpreet Singh – 630 440-1578
Broker: Anthony Abbatacola – 630 310-7493
Team Wenzel, 1120 Norfolk Street,
Downers Grove IL 60516
The material in this publication is provided for your informational purpose only and is not intended to substitute professional advice.
If your property is currently listed with a Real Estate Broker, this publication is not intended as a solicitation.
