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The Gene Molloy Real Estate Blog

Sep. 14, 2007 - For Sale Or Rent

Do you remember the old Roger Whatshisname tune that goes "Trailers for sale or rent"?  Well in today's market some perfectly good home sellers have raised the bar and are singing that tune about their perfectly good houses.  Some perfectly good REALTORS® are singing along with Roger as well: "Dang me, dang me, they oughta take a rope and hang me".  Rental listing are practically a free services as far as the REALTOR® is concerned but the fact is, if you are truly going to serve your clients best interest, and put them first, sometimes you just have to bite the bullet.

 

It doesn't do anyone any good to let a perfectly good house sit on the market, empty and unloved.  After all of the homework and analysis has been done you can pretty well determine that no one is buying houses in a certain market.  In a subdivision of similar homes it's pretty easy to see that price and condition are not the reasons houses are not selling.  Even with price reductions, staging and repairs, they sit there racking up market time.  Not just some of them, but all of them.

 

Could it be the location?  I doubt it.  The particular home I am talking about is in one of the most desirable school districts in the Northwest Suburbs.  It's not for lack of marketing either.  Buyers are just not active at this time.

 

And so, 7914 Kingsbury Drive in Hanover Park is now for sale or rent.  Not only have the terms been extended to include Lease/Purchase and Rent with Option, it is also available as a straight rental.  For just $1,450 a month some lucky family can sign a one year lease and live the good life in this beautiful 3 bedroom 1.1 bath tri-level.  Take a look at the virtual tour and call me.

 

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Here you will find thoughts, opinions, rantings, ravings, news, views and other things I think you may find useful. I will publicly answer questions here, so that many may benefit from the curiosity of my visitors, community created content if you will. I am trying to attract "experts" in various fields to comment on different topics of interest, we will see.

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