When it comes time to sell your house, you’ll suddenly find that everyone around you becomes a bit of a know-it-all.

“Here’s how I did it!”

“This worked for me, so it will DEFINITELY work for you!”

And the advice isn’t just going to be coming from friends, family, and random passersby on the street. The internet hivemind also loves to buzz with selling advice. The only problem with these kernels of wisdom from all over? A lot of so-called advice is actually complete bunk, and could easily do you more harm than good as a seller!

It’s time to sort out the facts from all of the fictions. Here are five common home selling myths that people like to parrot as truths – even though they could easily harm your sale:

1.) “Only List Your Home in the Spring or Summer!”

Photo credit: Marco Verch via flickr

One of 77 designated community areas in Chicago, the Hyde Park neighborhood is home to some of the city’s most beautiful and iconic institutions, ranging from the Museum of Science and Industry to the world-renowned University of Chicago.

Located about seven miles south of the Loop, Hyde Park is officially bounded by 51st Street/Hyde Park Boulevard to the north, the Midway Plaisance to the south, Washington Park on the west, and Lake Michigan on the east. Some locals stretch their definition of Hyde Park to include some of the southernmost parts of Kenwood, which is, officially, a separate community area.

A popular destination for locals and tourists alike, Hyde Park played home to the 1893 World’s Fair. Also known as the Columbian Exposition, this major turning point in American history introduced the idea of electricity – not to mention the modern ferris wheel – to nearly 30 million people.

Today, Hyde Park still has plenty to offer, including Frank Lloyd Wright’s world famous Robie House, great access to the beaches of Lake Michigan, the DuSable Museum of African American History, and the Hyde Park Art Center, which has been an influential institution in Chicago’s art scene for decades.

Want to learn more about this historic and welcoming neighborhood? Here are a few resources worth checking out:

Curious about Hyde Park’s housing market? Here are the market conditions you need to know right now:

Although the calendar has just turned over from 2021 to 2022, it’s time for Chicago landlords to start thinking about the spring rental season. Passed and signed in July 2020, Chicago’s Fair Notice Ordinance made significant changes to Chicago landlords’ obligations to their tenants in the event the landlord elects to terminate a lease or raise the rent. These changes mean that some Chicago landlords must think about notifying their tenants now of proposed changes, even if those changes will not go into effect until the spring.

Which Landlords Were Affected By The Change?

Originally published December 1, 2020:

Although we’ve all gotten a little bit used to the pandemic-induced chaos of the last few years, there’s no question that we could all use a little more stability and predictability in our lives — especially when it comes to our homes. While the first half of 2021 led to price hikes and double-digit year-over-year growth in many areas, the market
slowed significantly in October, leaving more room for thoughtful buyers who may have been discouraged by the active markets of the summer. For many buyers and sellers, these huge swings have led to nerves, and have discouraged more deliberate investors. The good news, for home sellers and buyers alike, is that 2022 should bring some more stability and predictability to the housing market, and a return to some normalcy as the country, and the area, recover from the lingering effects of the pandemic.

Real Group Real Estate

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Chicago, IL 60614

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