Found 255 blog entries tagged as For Sellers.


In the ever-evolving landscape of Geneva's real estate market, staying informed is key to making the most of your property ventures, whether buying or selling. As your trusted local real estate experts, The Kombrink Team is committed to providing you with the latest market insights. Today, we delve into the current trends and what they mean for you.


Current Market Overview

Geneva's real estate market is experiencing a unique phase characterized by a tight inventory. The current supply stands at a mere 1.1 months, a significant decrease of 7.56% compared to the previous year. This trend is a clear indicator of a fast-paced market, with properties selling quicker than ever. For sellers, this environment presents a golden opportunity.

Months Supply of Housing in Geneva, Illinois

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Welcome to our latest blog post! I’m Matt Kombrink from The Kombrink Team at One Source Realty, your go-to local REALTOR® in Saint Charles, IL. I’m here to share some exciting updates and insights about our current real estate market.


Understanding the Current Market: A Seller’s Domain

The Saint Charles real estate scene is buzzing, and here's why: our inventory levels currently stand at a 1.56 Months Supply of Inventory. This number is crucial because it signals a seller's market. But that's not all – over the last year, we've noticed a 6.12% increase in Months Supply of Inventory. What does this mean for you? We’re witnessing a gradual market shift, offering new opportunities for both buyers and sellers.

Months Supply of Housing Inventory Graph for St Charles, Illinois

Pricing Dynamics: High…

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As the realm of real estate continuously evolves, it's vital to stay informed, especially if you're on the cusp of buying or selling a home. Today's focus is on clarifying the haze surrounding the recent National Association of Realtors settlement in the Sitzer Burnett case. With a plethora of misinformation floating around, we're here to set the record straight.

Debunking Myths About Realtor Fees

A prevalent rumor claims that this settlement will compel brokers to slash their fees. It's essential to bust this myth: the settlement does not regulate what Realtors can charge or the services they provide. The beauty of real estate transactions has always been in the negotiation - the fees you agree upon with your agent remain as flexible as…

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If you’re trying to sell your house, you may be looking at this spring season as the sweet spot – and you’re not wrong. We’re still in a seller’s market because there are so few homes for sale right now. And historically, this is the time of year when more buyers move, and competition ticks up. That makes this an exciting time to put up that for sale sign.

But while conditions are great for sellers like you, you’ll still want to be strategic when it comes time to set your asking price. That’s because pricing your house too high may actually cost you in the long run.

The Downside of Overpricing Your House

The asking price for your house sends a message to potential buyers. From the moment they see your listing, the price and the photos are what’s…

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Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner.

A recent Realtor.com study looked at housing market trends over the past several years (with the exception of 2020, since it was an unusual year), and found the best week to put your house on the market this year is April 14-20:

“Every year, one week stands out from the rest as that perfect stretch of time when it’s great to be a home seller. This year, the week of April 14–20 is the best time to sell—that is, if sellers want to see lots of interest in their homes, sell quickly, and pocket some extra cash, according to Realtor.com® data.”

Here’s why this matters for…

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a comparison of a bird house and a garden

Some Highlights

  • In real estate, a good first impression is key. If the outside of a house looks welcoming, more people will want to come in and see it.
  • Your agent helps you by giving advice on what you may want to prioritize, finding easy fixes that make a big difference, knowing what buyers in your area like, and showing off your updates in your listing.
  • Let’s connect so you have expert advice on what'll have the biggest impact in our area. 

Previously posted at Simplifying The Market.

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Naperville, IL has long been a sought-after location for homebuyers, thanks to its excellent schools, vibrant downtown area, and easy access to Chicago. As we look to the future of the Naperville real estate market, there are several trends and predictions that we can make based on current data and market conditions.

One of the key trends that we can expect to see in the future is a continued increase in property values. As more people move to Naperville for its amenities and quality of life, demand for homes in the area is likely to remain strong. This is great news for homeowners who are looking to sell, as they can expect to see a healthy return on their investment.

Another trend that we can expect to see in the future is a growing…

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Are you thinking about purchasing a new home in Geneva, Illinois? If so, The Kombrink Team is here to guide you on this exciting journey! With a remarkable 30 years of experience in the Geneva real estate market, we have established ourselves as one of the top real estate teams in the area.

Best Geneva IL Realtor video thumbnail

Why Choose The Kombrink Team?

  • 30 Years of Local Expertise: Our deep understanding of Geneva’s real estate landscape sets us apart. This knowledge is crucial in helping you find the perfect home.
  • Hundreds of Happy Homeowners: Over the years, we have had the pleasure of assisting numerous clients in finding their dream homes. Our dedication to excellence is reflected in our countless five-star reviews.
  • Commitment to Excellence: We strive to be the best…

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If you’re planning to move soon, you might be wondering if there'll be more homes to choose from, where prices and mortgage rates are headed, and how to navigate today’s market. If so, here's what the professionals are saying about what’s in store for this season.

Odeta Kushi, Deputy Chief Economist, First American:

“. . . it seems our general expectation for the spring is that we will see a pickup in inventory. In fact, that already seems to be happening. But it won’t necessarily be enough to satiate demand.”

Lisa Sturtevant, Chief Economist, Bright MLS:

“There is still strong demand, as the large millennial population remains in the prime first-time homebuying range.”

Danielle Hale, Chief Economist, Realtor.com:

“Where we are right now…

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As we dive into the latest real estate trends for Geneva, Illinois, there's something exciting for current and potential home sellers to consider. A quick glance at the most recent chart depicting the average market time for homes in our beloved Geneva might just have you rubbing your hands with glee.

Geneva IL Average Market Time Chart

Let's break it down. The graph in question shows a clear and consistent trend. Since January 2021, the average market time for homes has seen a significant drop. From highs of 80+ days on the market, we've witnessed a gradual but steady plunge, bringing us to a remarkable under-30-days average as we step into the spring of 2024.

What does this mean for you, the savvy homeowner? In plain terms, the buyer demand is buzzing, but the hive of available…

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