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Reduced commissions hurt sellers in the end. By reducing commission the listing agent is less likely in interest time and money into marketing the property. Poor photos, remarks that entice buyers, and lack of enthusiasm are generally the result. Discount agents are usually discounting because they can't get listings on their own merit and talent.
Buyers agents are less likely to recommend seeing a property to their buyers because it directly afforded their income potential. Homes listed at discount rates are shown last if ever addy all, thus less showings equals less offers. Agents that offer to reduce commission are likely to endorse any offer that comes in because they are psychologically not invested inn the sale and just want any money they can get their hands on. Selling with an agent that is give up their income right from the start is not going to bat for a seller when it comes time to put more money in their pocket at closing. Get the picture.... more
I don't blame you for wanting to get out of renting, but without good credit (or cash) your hopes of home buying might not come to pass. My recommendation is to make home ownership a future goal, by working hard to improve your credit score and save up for a down payment. Hopefully in a year or two you will be able to buy.
Best of Luck I know you can reach your goal!... more
There is no set formula that is given to the public. I can tell you this, on the North Shore the closer you are to the lakefront and to business districts will have a higher tax base. In the New Trier district which is where the towns you mention are, say that the property taxes pay for fine schools such as New Trier High School which is highly rated on http://www.greatschools.org/... more