“Know the market; know your clients” has never more true than in a recent sale of an REO (bank owned) home by Jameson agent Linda Levin. She walked into the North Shore home owned by a bank she often represents and just knew it was right for buyers she’d been working with and was a tremendous bargain. They saw it & agreed so emphatically that they wrote a contract that day & closed on it later that week, before a scheduled public auction for the property. The home, located in Highland Park, was originally listed for $3.3 million and sold for $1.6 million.
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If you are looking for a bargain in designer clothes – or real estate, check in with Jameson agent Ami Bumia. She recently brought her deal-seeking skills to bear when she found a deeply-discounted new construction condo project. It was such a good deal, four of her buyer clients purchased – and so did she – all within a month.
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The upside of today’s has been demonstrated over and over by Jameson agent Akos Straub, a South Loop real estate guru. In just the last two months he has listed and sold property for three homeowners who sold for somewhat less than they paid a couple of years ago. But, these sales enabled them to purchase “move up” homes at enormous discounts. Says Akos, “We have never seen buying opportunities like this. Buyers have fantastic choices and negotiating power. My clients are taking advantage of this market.”
