Leonard Floyd & Cody Whitehair are now neighbors

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UOK
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https://www.chicagotribune.com/real-est ... story.html

Chicago Bears center Cody Whitehair bought his teammate Leonard Floyd’s four-bedroom, 2,896-square-foot house in Vernon Hills on Jan. 29 for $545,000.

And Floyd truly can welcome Whitehair to the neighborhood, as Floyd, an outside linebacker, now lives in a larger house about two blocks away, which he bought in April for $650,000.
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dplank
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The only reason I'd care about this is the implication of Floyd buying a new house in the area...does it in any indicate that he's confident he's getting a new deal here?
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dplank wrote: Fri Feb 14, 2020 10:57 am The only reason I'd care about this is the implication of Floyd buying a new house in the area...does it in any indicate that he's confident he's getting a new deal here?
According to the article he wanted to live in a more isolated neighborhood. I don't know if it means anything beyond that.
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Impressed these fellas are living in middle-classy hoods. Could be a move by Floyd to send a signal to the Bears. He isn't taking much risk. At that price range, he could probably get a small premium selling the place to a Bear fan simply by virtue of it having been owned by those two guys.
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dplank
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One thing I've learned from buying and selling multiple homes in the last year...the only people that make money are the friggin realtors and banks. Unless you have a massive margin on it.
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dplank wrote: Fri Feb 14, 2020 11:46 am One thing I've learned from buying and selling multiple homes in the last year...the only people that make money are the friggin realtors and banks. Unless you have a massive margin on it.
This is why I'll be renting my condo if/when we move.
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It says Floyd bought the house he's in last April though. So I don't know if it says anything about his contract situation, sounds like he's just been sitting on the old house for quite a while waiting for it to sell and then it happened to sell to Whitehair.
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They're moving Floyd to RG?
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dplank wrote: Fri Feb 14, 2020 11:46 am One thing I've learned from buying and selling multiple homes in the last year...the only people that make money are the friggin realtors and banks. Unless you have a massive margin on it.
I've sold multiple homes mostly by myself and saved quite a bit. You list them on line and have your own open houses. Buyer's agents bring you the buyers because they have to - their clients see the house available on line and tell them to. So they ask you if you'll pay them the 3% and you tell them no but you'll go 1.5% (which is what they'd get paid sometimes anyway in a multi-agent deal). They almost always go for it. Then you can find a lawyer that will review the paperwork and represent you for $5-700. It does matter the location though.

There are catches, though. I've always made it a point to buy in places with great schools, and where I was able to do my own comps fairly easily. I think some agents actually low-ball you on setting the price because they want the thing to move and their commission rate doesn't move nearly as much as your dollars with a decrease.

Funny stories when I first moved to Saline outside of Ann Arbor, I bought Chuck Swirski's house. He had a full broadcast setup in the basement and did a lot of remote work when he was with the Raptors. And then I built in the same neighborhood on the other side and Pep Hamilton bought my house and he still lives there (he's 2-0, baby!). I'll guess because of the school district.

Back on topic - Go Bears! lol
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Moriarty wrote: Fri Feb 14, 2020 12:09 pm They're moving Floyd to RG?
Tight end.
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