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Specializing in These Chicago Streeterville Condo Buildings:

Why You Need a Realtor

Many people, first time buyers especially, think they can contact the listing agent or seller directly, without the need of a realtor. An experienced Chicago realtor can save you time, money and a lot of aggravation. A real estate agent has a great deal of knowledge that can help make the buying process much easier, and they likely know the area you are moving very well. Buying a condo in Chicago can be extremely difficult on your own, but if you’re still not convinced, here are several reasons to use a realtor when buying your condo:

  1. A Chicago realtor can help you understand your buying power.
    You will provide them with basic financial information, including: savings, income and current debt so your lender can determine your borrowing capacity.
  2. A Chicago real estate agent has more resources at their disposal.
    They can see listings as soon as they are available and many condo listings in Chicago that you may not be able to find yourself.
  3. A Chicago realtor can help you decide which condominium offers the best value.
    Agents can access a variety of resources, including: utilities, zoning and school data helping you decide if the property is a sound investment that will maintain its resale value.
  4. A realtor in Chicago can help you negotiate a better price.
    There are dozens of factors to negotiate, including: financing options, sell price, terms, the date you take possession, repairs and possibly furnishings. Your purchase agreement will allow you to hire a condo inspector to evaluate the condition of the condo and suggest any repairs needed, which you can negotiate with the seller fix prior to agreeing on the sales price.
  5. A Chicago realtor will help you understand your financing options.
    Typically, a professional real estate agent will have many contacts in the industry and can recommend qualified lenders, real estate lawyers, etc. to assist you.
  6. A real estate agent can make the closing process fast and easy.
    With all the paperwork and negotiations involved, having an experienced agent can save a great deal of time and stress when closing on your condo purchase.

These are just a few of the reasons to consider hiring the services of a professional realtor when you are ready to purchase your condo in Chicago. Be sure to research the agent you hire, to ensure they offer the quality of service you expect for a competitive price. It’s a good idea to ask friends and family for recommendations if they have used a realtor in the past they were happy with. It’s very possible you know someone who has used our services in the past. Contact Chicago Lakefront Properties to see how we can help you!

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