Chicagoland Brokers Inc.
50% Buyer Commission Rebate Chicago Real Estate Agent. SELLERS: 1% Listing Fee. BUYERS: 50% Rebate
 
TransUnion Forecast Predicts Mortgage & Consumer Lending Market to Fully Recover by End of 2016.

TransUnion’s 2016 mortgage and credit card forecasts predict that the consumer lending market will have fully recovered by the end of 2016 from both the mortgage crisis and the ensuing Great Recession that concluded more than six years ago. Both the mortgage and credit card markets are performing extremely well, with increased consumer participation and continued low delinquency rates.

TransUnion forecasts the national serious mortgage delinquency rate (the ratio of borrowers who owe three or more payments) will decline from 2.50% at the end of 2015 to 2.06% at the conclusion of 2016, which ends up in line with the historical norm.

Consumer-level mortgage delinquency rates peaked in Q1 2010 at 6.94% and have been declining nearly every quarter since. Importantly, balances are growing, a sign that new loan originations from home purchase activity are outpacing the normal pay-down velocity of existing loans. This reflects increasing consumer confidence in the housing market and consequent purchase activity.

The credit card serious delinquency rate (the ratio of bankcard borrowers who owe four or more payments) is forecast to conclude 2016 at 1.46%. This would mark the fourth consecutive year of delinquency rates just below 1.50%, a nearly 50% decline in delinquency from the end of 2009 and well below historic norms—signs of a healthy market.

Source: http://blog.transunion.com/consumer-lending-market-aims-for-full-recovery/

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It went extremely well. I give him a grade of A++. He is intelligent, professional, meticulous, energetic, friendly, highly capable, and honest. He also offered a commission rate that was very competitive. If we should need a realtor in the future we will definitely contact Mike.

 

~ William M.

Michael Sorensen is a very professional Realtor, who cares about the quality of the service he provides. We found that his willingness to share his commission with buyers/sellers did not lessen the quality of his service or advice at all. He was quick to respond (day or night), and spent many hours showing us homes, giving us good advice, providing us with great recommendations throughout the process, and making sure we were happy with everything about our purchase even after the transaction closed. Frankly, the only difference in service between Michael and a full-cost Realtor, is that Michael is much more attentive and helpful and shares his commissions at the end. What's not to love about that! We highly recommend Michael Sorensen if you're needing a Realtor in and around Chicagoland.

 

~ Phil R.

Michael was wonderful to work with. He had sold a few other units in the neighborhood and did not disappoint. He was very helpful, professional, and responsive. We had multiple offers immediately after listing and ultimately we sold for much higher than I expected. I would highly recommend him to anyone looking for a realtor!

 

~ Amber B.

Michael is the best in the business! He makes a transaction Stress-free! He’s a pleasure to work with. Extremely responsive. (Will get back to you quickly). He can negotiate a deal with honesty and ease. He has always given me great advice and never steered me in the wrong direction. I will say Michael is a realtor who is 24/7 always ready and willing to be there for you. Michael has done 7 transactions for us and I have been pleased with each and every one.

 

~ Carrie E.

He's one in a million agent; we are lucky to have him as our realty agent. Our family will keep him when it comes to buying & selling. GREAT is the word to describe him & his service. He will go the extra mile for you & treat you like a family.

 

~ Perla Y.

Michael Sorensen has recently sold our house in Chicago. We highly recommend him. Michael is very professional, experienced and knowledgeable. We were well informed all the time through the whole process. Michael Sorensen is the best of the best!

 

~ Christina & Harold C.

We used Michael for our 11th real estate transaction (with 10 in 5 different states) and Michael made the process very easy purchasing in IL for the first time. He is very professional, responsive at all hours of the day, is a great communicator and explained all the IL nuance very well and answered all of our questions throughout the process. He was very flexible for showings and showed us as many houses as we wanted, which we appreciated as we were traveling from out of state. We are confident that he advocated for us through the entire process. We have worked with both full commission and discounted commission realtors and cannot understand why someone would choose a full commission realtor over a discounted commission realtor. Michael's service, responsiveness, assistance, professionalism and knowledge are top notch and he is one of the best realtors we have ever worked with. We will not hesitate to use him again or to refer family and friends to his services as well.

 

~ Tiffany R.

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