WHAT "MOVE-IN READY" REALLY MEANS, AND WHETHER A MOVE-IN HOME IS RIGHT FOR YOU
Embarking on the journey to find your dream home involves navigating a sea of real estate jargon, and one term that frequently pops up is "move-in ready." This comprehensive guide will unravel the mystery behind what "move-in ready" really means and help you determine whether a move-in home is the right choice for you. DECODING "MOVE-IN READY" The term "move-in ready" might conjure up images of a pristine home with freshly painted walls, gleaming floors, and no repairs. While this may be the case for some move-in ready homes, it's essential to understand that the definition can vary depending on who you ask. Industry Standard In the real estate industry, a move-in ready home typically refers to a property that requires minimal or no repairs before a new homeowner can move in. This implies that the house meets local building codes, has functioning utilities, and is in generally good condition. Spectrum of Standards However, the term can be subjective, and what one person considers move-in ready might differ from another's expectations. It's crucial to communicate openly with your real estate agent to ensure you share the same understanding of what a move-in ready home entails. THE PROS OF CHOOSING A MOVE-IN READY HOME Opting for a move-in ready home comes with several advantages that cater to a variety of preferences and lifestyles. Time Savings One of the most significant benefits is the time saved on renovations and repairs. If you have a tight schedule or prefer not to deal with the hassles of remodeling, a move-in ready home allows you to settle in without delay. Reduced Stress Buying a home can be a stressful process, and the prospect of managing renovations on top of the already intricate real estate transactions can be overwhelming. A move-in ready home alleviates this stress, allowing you to focus on the joy of homeownership. Immediate Enjoyment With a move-in ready home, you can start enjoying your new space from day one. There's no need to wait for construction dust to settle or for contractors to complete projects—every room is ready for your personal touch. Predictable Costs While move-in ready homes may have a higher upfront cost, they often come with fewer surprises. The budget for renovations and repairs is considerably more predictable, helping you plan your finances with greater certainty. ASSESSING THE TRUE CONDITION OF A MOVE-IN READY HOME While the term "move-in ready" implies a hassle-free experience, it's crucial to approach these homes with a discerning eye. Conducting a thorough inspection is still essential to ensure the property meets your expectations and standards. Professional Home Inspection Even if a home is marketed as move-in ready, hiring a professional home inspector is a wise investment. They can identify hidden issues that may not be immediately apparent, providing you with a complete picture of the property's condition. Review Inspection Reports Carefully review the inspection reports to understand any potential concerns. A move-in ready home doesn't mean it's exempt from minor issues, and being aware of them allows you to make informed decisions. Clarify Definitions Communicate openly with your real estate agent to clarify what move-in ready means in the context of a specific property. Are there any outstanding repairs or updates that need to be addressed before you move in? IS A MOVE-IN READY HOME RIGHT FOR YOU? While the allure of a move-in ready home is undeniable, it's essential to consider your personal preferences, budget, and long-term goals when making a decision. Lifestyle Considerations If you have a busy lifestyle and limited time for renovations, a move-in-ready home might be the perfect fit. However, if you enjoy the process of customizing a home to your taste and have the flexibility for renovations, you may prefer a property with potential. Budget Constraints Your budget plays a significant role in the decision-making process. While move-in ready homes may have a higher initial cost, they could save you money in the long run by avoiding extensive renovations. Long-Term Vision Consider your long-term vision for the property. If you envision making significant changes or additions, a move-in-ready home may not align with your goals. On the other hand, if you seek immediate comfort and convenience, it could be an ideal choice. MAKING AN INFORMED DECISION Ultimately, the decision between a move-in ready home and a property with potential depends on your unique preferences and circumstances. Taking the time to evaluate your priorities and working closely with a knowledgeable real estate agent ensures that you make an informed choice that aligns with your vision of the perfect home. PARTNER WITH THE SARAH LEONARD TEAM In the intricate world of real estate, having a dedicated and experienced team by your side can make all the difference. The Sarah Leonard Team is committed to guiding you through the nuances of homebuying, whether you're in search of a move-in ready property or a fixer-upper. Trust the expertise of the Sarah Leonard Team to turn your real estate dreams into reality. Contact them today for personalized and professional assistance with all your real estate needs.
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Sarah Leonard & Christie Nyquist
WCKG · Sarah Leonard & Christie Nyquist ReMARKable Radio "Sarah Leonard has been selling Real Estate for over 12 years in the Chicago Suburbs. As a native of the area, Sarah combines her knowledge of the local communities with her equally impressive experience!" A lifelong resident of the Chicagoland Suburbs, Sarah Leonard possesses an impeccable knowledge of the local market, its diverse neighborhoods, and everything in-between. Having been in the real estate business for over ten years and bringing a background as a loan processor to the table, Sarah’s expertise makes her the Realtor of choice to handle all your real estate needs. Christie Nyquist maintains the day to day team operations to ensure that things are running smoothly from all angles. She manages the marketing, oversees the staff and agents, and works to keep things organized at the office. To learn more about the Sarah Leonard team you can visit http://sarahleonardsells.com/
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THE SARAH LEONARD TEAM
The Sarah Leonard Team Legacy Properties Sarah Leonard Carie Cox Ruta Baran While her friends were away at college, Sarah Leonard was building a real estate business. Leonard, founder of The Sarah Leonard Team, has been in the industry since she was 15. Before earning her license, Leonard first worked with a loan officer and then as a marketing coordinator. “I knew from the beginning this is what I wanted to do,” says Leonard, a recent Legacy Properties Circle of Legends inductee who closed more than $100 million in real estate last year. “I built my team with all this past knowledge of different areas of the industry.” Leonard purposefully chose two other listing agents who excel at what they do to join her as team members, and combined, the group holds more than a dozen licenses and certifications. Carie Cox learned from a career assessment in college that real estate and interior design were both good options for her. But it wasn’t until after she and her husband built a home and the sales rep suggested she consider a career in real estate, that she made the leap from licensed esthetician to agent. “Helping others look and feel their best was very rewarding,” Cox says. “As clients opened up about some of the stress they were trying to escape, I got to hear all about their real estate challenges. This gave me a unique perspective on how they felt their experience could have been better.” Ruta Baran’s entrance into the industry was similar. After building several spec homes with her husband, she discovered her passion for real estate and decided to apply her 18 years of experience with Citigroup to a new career. “The relationship management skills I learned in corporate America have been instrumental in my success as a broker,” she says. “Real estate is a people business, and developing relationships, attention to detail and communication are all key.” Leonard attributes the team’s success to excellent communication, transparency and hard work. “It’s not just a transaction for clients,” Leonard says. “This is a life-changing moment, and through that, we become close friends.”
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HOW TO MAKE IT TO THE TOP
It’s not just luck that got the agents you see on our Real Data lists where they are today. Hear their advice for how you can up your game and increase your numbers, as well as how to maintain your top producer status once you’ve made it. “First, build an image and a brand that tells clients and other agents that you are hardworking, honest and sophisticated. That starts with your everyday calls and texts. They need to be ‘on brand’ as much as any advertisement. Second, put closing the deal ahead of your ego, conflicts with the other agent, or any of the other personal things that can get in the way. Your job is to get your clients the best deal they can get. Don’t get in the way of that.” Dawn McKenna, founder of The Dawn McKenna Group at Coldwell Banker Residential Real Estate — No. 3 in Chicagoland and No. 1 in DuPage County “Use a CRM every day — all day. There is just too much information to be running your business with just your contact info in a cell phone. A robust CRM will make you money every day if you utilize it to the fullest.” Tamara O’Connor, co-team leader of the Tamara O’Connor Team and broker-owner of Premier Living Properties in St. Charles — No. 3 in Kane County “Work harder than everyone else until you can afford to work smarter by hiring an assistant.” Mario Greco, founder and leader of The MG Group at Berkshire Hathaway HomeServices — No. 5 in Chicagoland and No. 4 in Cook County “Never give up. Also, remember that to get to the top, you need to start at the bottom and climb. Start small, dream big and anything is possible.” Jane Lee, leader of The Jane Lee Team with Legacy Properties Top Performers in Lake Bluff — No. 8 in Chicagoland and No. 1 in Lake County “There are a lot of unnecessary and inefficient ways that you can spend your time and money in residential real estate. Do what’s truly important and abandon the rest.” Bryan Bomba, team leader of the Bryan Bomba Group at @properties in Hinsdale — No. 3 in DuPage County “Your foundation of past clients and their referrals are your strongest and most profitable pieces of business. Take care of them and keep in touch. Also do not sacrifice profit for volume just to make a list. The best top producer runs a true business and needs to be focused on profitability as well.” Rich Toepper, team leader of The Toepper Team at Keller Williams Success Realty in Crystal Lake — No. 5 in McHenry County “You should go into this and know that you are going to fail. But after you fail enough, you will start to succeed. Those who learn from their mistakes succeed. Those who don’t, fail. Fail forward, and you win.” Matt Laricy, managing partner of The Matt Laricy Group at Americorp Ltd. — No. 2 in Chicagoland and Cook County “If you are closing homes, but not keeping in touch with your clients and building lasting relationships, you will be stressed out and not likely to maintain a top producer status. Client relationships are the key (and most rewarding, fulfilling part) to being a great agent.” Sarah Leonard, leader of the Sarah Leonard Team at Legacy Properties in Schaumburg — No. 13 in Chicagoland, No. 5 in Kane County and No. 7 in McHenry County
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