There is an entire subgroup of the human species focused on going to one particular place. Not Mecca, not Jerusalem, not Damascus, not even Maui. This unique set of humans is committed to one place and one place only: Vegas. When you’re around them (hereinafter “Homovegasans”), the conversation invariably turns to when they’re going, the last time they’ve been, where they’re staying, what they play, what shows they’ve seen, how much their bottle of wine costs, what blackjack tables are best to play, how much they won, and when they’re going back again. To Vegas. And again and again.
Although I happen to fall outside the Homovegasans sub-species, I realized that my role as a real estate advisor is similar to a gambler. When my sellers get an offer, we review the terms and what a counter-offer might look like. But invariably our discussion turns to whether they hold out for a better offer in the future. As sharp, well-educated, and, well, godly as I am, the fact is that I can’t predict the future or ever say anything with 100% certainty.
But what I can do is assess the odds. With 30+ years of experience, empirical data, and a vast and intimate knowledge of the subtleties and nuances of the Chicago residential real estate market, I provide my sellers with the context they need to make the best decision they can.
Although there is always a chance someone could walk into their home and pay a higher price than the offer on the table, what is the likelihood of that ever happening? There is a huge range between highly likely and highly unlikely. What chances are you taking by letting the buyer in your pocket go? I’ve encountered many proud sellers who regret not heeding my advice and end up selling for way lower than they could have.
In the end, it’s your decision.
But my team and I are here at Caesar’s Palace Central to help you assess the odds and maximize your chances of winning the most the market will allow.
