Read the full article here http://www.prweb.com/releases/chicago-real-estate/home-buyer-tax-credit/prweb3179294.htm
Monday, November 16, 2009
RE/MAX Executive Lauds Extension of Home Buyer Tax Credit Will Help Chicago Real Estate Market, Especially Condos
RE/MAX American Dream Relocates Its Wauconda Office
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Pattie Palzet-Taylor, |
RE/MAX American Dream of Wauconda has relocated to new office space at 1120 N. Rand Road as it celebrates the 10th anniversary of its founding. The Rand Road location will greatly increase the visibility of the office, an important consideration in the highly competitive metropolitan Chicago real estate market.
Twelve sales associates and a three-person support staff moved into the newly completed facility on Oct. 20. The relocation was triggered by the sale of the building that housed the previous office, located at 173 Thomas Court, to a neighboring nursing home that wanted additional space.
“When we bought and remodeled the Thomas Court location in 2005, we planned to stay there for at least 10 years. However, the combination of the offer to purchase that location and the opportunity to move our office to such a visible spot right on Rand Road was difficult to resist,” said Pattie Palzet-Taylor, broker/owner of RE/MAX American Dream.
The new office occupies part of what was previously a design center for home builders, and in turning that space into a real estate office, Palzet-Taylor was able to make use of many of the materials left by the former tenants.
“Rather than start from scratch and send all the old materials to a landfill, we wanted to recycle as many as we could,” she said. Doing that also helped make for a quick buildout of the new office space, which was completed in just 20 days.
Some areas within have wood floors while others have tile or marble floors. Doors, a sink and cabinets that were left behind have also been incorporated into the new space. Overall the 1,600-square-foot office has the feeling of an eclectic yet warm city loft space, with a high ceiling, lots of open areas and a sense of coziness.
Palzet-Taylor said her new office has room to grow, which is an important consideration in a real estate market that should recover steadily over the next two or three years. RE/MAX is already the market-share leader in Wauconda, listing 32.8 percent of the homes sold during the first half of 2009, twice as many as its nearest competitor. RE/MAX is also the market-share leader in Lake County, where it listed 25.7 percent of the homes sold during the first six months of 2009.
“Many of the home sales we’ve seen in the Wauconda area this year have involved either foreclosures or short sales, but there’s no question that the pace of activity has picked up,” Palzet-Taylor said. “A lot of first-time buyers have come into the market, in part because of the incentive provided by the tax credit that was recently extended and in part because home prices are so much more attractive now than a few years ago.”
Annual Agents’ Choice Awards Honor RE/MAX As Favorite Suburban Brokerage In Metro Chicago Real Estate Market
RE/MAX has captured one of the top awards for real estate brokerages in the fourth annual Agents’ Choice Awards poll conducted by Chicago Agent Magazine, a leading professional trade journal serving the metropolitan Chicago real estate market.
The agents participating in the poll chose RE/MAX as their Favorite Brokerage in the Chicago suburbs for the second year in a row.
The winners of the 17 categories in the 2009 poll were announced at a special reception held at Wood-Mode’s Smartrooms at the Merchandise Mart in Chicago on Nov. 10. Honorees were selected based on results of an on-line poll of Chicago-area Realtors®.
“This type of peer recognition is always a pleasure to receive,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network. “This award underscores the outstanding service and expertise that agents, owners and managers in RE/MAX offices across Chicagoland deliver on a daily basis to the public and their professional colleagues,” said Merrion.
Monday, November 9, 2009
RE/MAX Analysis Offers County-by-County Look at Sales Activity in 3rd Quarter Metro Chicago Real Estate Market
Read the full article here http://www.prweb.com/releases/chicago-real-estate/2009-housing-market/prweb3140334.htm
Marlene Granacki Of RE/MAX Exclusive Properties, Chicago, Honored For Luxury Property Sales
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Marlene Granacki, |
Marlene Granacki of RE/MAX Exclusive Properties, Chicago, recently was honored by LuxeHome Chicago for her success in selling luxury residential properties in the Chicago real estate market. Granacki was among 25 Chicago Realtors® recognized on Oct. 28 for their 2009 achievements in marketing residences that sell for $1.5 million or more.
“Marlene is certainly deserving of this recognition because she embodies the commitment RE/MAX has made to the highly competitive city luxury home market,” said Jim Merrion, regional director of the RE/MAX Northern Illinois real estate network. “Her professional accomplishments are remarkable.”
Through the first nine months of this year, Granacki ranked first among Chicago RE/MAX agents in sales productivity. She also has been recognized by the Chicago Association of Realtors® as ranking among the top 1 percent of agent members.
Granacki is a resident of Chicago’s Graceland West neighborhood. She has specialized in selling luxury properties there and in the adjoining Southeast Ravenswood neighborhood for nearly all of her two decades in real estate, most of which has been spent with RE/MAX.
LuxeHome is a collection of luxury boutiques at the Merchandise Mart in Chicago. The Realtors® it honors receive special privileges at the Mart that they can share with their clients.
Friday, November 6, 2009
Merger Reshapes RE/MAX Presence In Aurora-Naperville Segment Of Metro Chicago Real Estate Market
For a number of years, RE/MAX has dominated the Naperville-Aurora real estate market, which now has a population of more 300,000. During the first half of this year, RE/MAX agents were number one in both markets, listing 26.4 percent of all homes sold in Naperville and 21.6 percent of the homes sold in Aurora.
“Given the strength of the RE/MAX brand in our area, we’re very excited about the prospect of expanding into the Aurora market,” said Richard Conte, who along with his daughter, Jennifer, acquired the two offices of RE/MAX Affiliates in late September. Its Naperville office has been merged into the RE/MAX Professionals Select office at 2272 95th St., Naperville, while the office at 4255 Westbrook Ave., Aurora, will now host more agents and continue operating under the RE/MAX Affiliates name.
Conte noted that even with existing offices in Plainfield and Naperville, the idea of adding an Aurora location was quite attractive.
“People like doing business with a real estate firm that has an office in their community, so even though the current business environment is not one that makes it easy to expand, we felt it was an opportunity we should not pass up to establish a presence in Aurora, which is the second largest city in Illinois,” he said.
The Aurora office will continue to operate as RE/MAX Affiliates under the direction of Christine Ruzich, an experienced manager who has been part of Conte’s organization for three years.
“She’s an excellent manager and terrific at recruiting agents, so we expect to see substantial growth at RE/MAX Affiliates over the next few years,” Conte said.
He noted that the Aurora office is also perfectly located because, like both of his two other offices, it is in the Ill. Hwy. 59 corridor.
“That really offers both our agents and customers a lot of convenience,” he said.
Conte has been affiliated with RE/MAX since 1992 and purchased an existing RE/MAX office in 1995. Three years later he expanded his operations to Naperville by opening RE/MAX Professionals Select. Then, in 2002 he and his daughter Jennifer Conte, along with Lisa Mulcahy, opened RE/MAX Professionals South in Plainfield. The Naperville and Plainfield, offices along with the Aurora office, currently have a combined total of about 90 agents.
“We expect to see some movement as some of our agents relocate to our new Aurora office because of its central location,” Conte said.
Wednesday, October 28, 2009
Merger Of Offices In South Holland And Flossmoor Positions RE/MAX For Strong Future In South Suburbs
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Tony Mitidiero, Broker/Manager |
Two of the most prominent real estate offices in Chicago’s south suburbs, RE/MAX Excellence of South Holland and RE/MAX South Suburban of Flossmoor, merged their operations on Oct. 15, creating one of the most experienced and productive real estate brokerages in the metropolitan Chicago real estate market. The combined office will operate under the name RE/MAX South Suburban and remain at its location at 19740 Governors Highway, Flossmoor.
RE/MAX already is the market-share leader in most of south suburban Cook County, including Country Club Hills, Calumet City, Flossmoor, Homewood, Hazel Crest, Matteson, South Holland and Richton Park.
Tony Mitidiero, broker/manager of RE/MAX South Suburban, along with Ruth Grzyb and Paul Zielinski, broker/owners of RE/MAX Excellence, made the decision to join forces and position the combined organization for future growth.
“We are responding to the new realities of the real estate marketplace by building an organization that is more regional in scope and staffed by experienced, productive agents,” said Mitidiero. “The physical changes we made to our office about 18 months ago will permit us to accommodate the 12 agents joining us from the South Holland office quite easily.”
Consolidating the two offices to a single location provides several benefits, including reduced costs. More important, according to Mitidiero, putting all the agents under one roof will let them more effectively exchange ideas and develop new synergies.
“We couldn’t be more excited about the opportunities we see in this market going forward and about combining forces to provide the best service RE/MAX has to offer,” said Grzyb. “RE/MAX South Suburban has a proven record of delivering outstanding service to their clients. Now, with even more tools at our disposal, we’re confident we can build on their reputation as one of the most respected brokerages in the southern suburbs.”
In many ways the merger marks the beginning of a new era for RE/MAX South Suburban, which was established 30 years ago.
“To make this happen the month of our 30th anniversary makes it that much more special,” said Mitidiero.
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