Monday, August 9, 2010

Hawks Player Buys Chicago Condo

Last week Chicago Blackhawks right winger Marian Hossa paid $2.35 million for a three-bedroom, 3,940-square-foot condo unit in a Streeterville high-rise. Just in case you weren’t aware of some of the juicy details…last summer, the NHL veteran Hossa, 31, joined the Blackhawks when he signed a 12-year $62.8 million contract. Some fabulous features in Hossa's new condo include 3 1/2 baths, home theater and views of the skyline, Lake Michigan and a nearby park. Cherry hardwood floors, Swarovski light fixtures, a gourmet kitchen with Miele appliances. The master has a steam shower, custom vanities and heated onyx floors. Nice! Listed briefly in 2008 for $3.19 million and then for $2.95 million, the condo returned to the market last August for $2.95 million and was reduced to $2.85 million in January. The seller, who had purchased the unit from the building's developer, gave it $240,000 in upgrades. (Reported last week by Bob Goldsborough, Special to the Tribune).
We Blackhawk fans are happy to see Marion Hossa purchasing some Chicagoland Real Estate and making his home in Chicago! Can’t wait for the season to begin … Thursday night October 7, 2010 versus the Colorado Avalanche 9pm! http://blackhawks.nhl.com/club/schedule.htm

Friday, August 6, 2010

JD Power Survey Ranks PRUDENTIAL #1 with Sellers!

“Among both home buyers and home sellers, the importance of agents and salespersons has increased
substantially in 2010, compared with 2009,” said Jim Howland, senior director of the real estate and construction
practice at J.D. Power and Associates. “Buyers are increasingly relying upon negotiating skills of agents and seem
to be satisfied with the purchase prices they are obtaining. Despite the fact that selling agents appear to be doing a
good job of negotiating and marketing on behalf of home sellers, the tough economic conditions are negatively
impacting their overall satisfaction with real estate companies.”
In the home-buyer segment, Keller Williams ranks highest for a third consecutive year, with a score of 817 on a
1,000-point scale. Keller Williams performs particularly well in the agent and office factors. Following in the
rankings are Prudential (811) and Coldwell Banker (805). Prudential performs well in the additional services
category.
Among home sellers, Prudential ranks highest with a score of 760 and performs particularly well in the marketing
and agent factors. Prudential is the only company to improve in home-seller satisfaction in 2010, compared with
2009. Following Prudential in the rankings are Keller Williams (751) and RE/MAX (744). Keller Williams
performs particularly well in the office factor.
The study finds that fewer than one-half of home buyers and sellers indicate their agent asked them to provide a
referral or recommendation to a friend or family member.
“Positive recommendations are a critically important driver of new business for agents, and there is ample
opportunity for improvement in this area,” said Howland. “Particularly during tough times in the real estate
market, asking for referrals and recommendations should be considered an essential part of doing business.”