Thursday, December 30, 2010
 
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Left to right: Camill Tedrick, Brenda Short and Tena Schneider.
Not pictured: Linda Barrick and Pat Glenn.


Brady Realtors opens Lincoln office

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[December 30, 2010]  There's a new real estate agency in Lincoln. Brady Realtors has opened an office at the Professional Park, located at the corner of North Union and Keokuk streets.

Brady RInsuranceealtors is a well-established agency in this region. Founded in 1964 as Brady Weaver GMAC Realtors, in the last six years the company has changed to Brady Realtors, with offices located in Bloomington, Champaign, Clinton and most recently Lincoln.

Brady Realtors is indeed a family affair as it is owned by three sisters-in-law: Nancy, Lynda and Michelle Brady, who are the wives of former gubernatorial candidate Sen. Bill Brady and his brothers, Ed and Bob.

Camill Tedrick is the managing broker for the Clinton agency and will also be over the new Lincoln office. She said that when the Bradys restructured their businesses, they joined their Bloomington and Champaign offices with Re-Max.

However, they chose to run their Clinton office as an independent real estate agency. Tedrick said that for the DeWitt County market demographic, an independent agency was a better fit.

The Brady Realtors have been considering adding an office in Lincoln for quite some time. Tedrick said that the community has a lot of similarities with the DeWitt County and Clinton areas. For the most part, job availability is similar, commuting opportunities are about the same, and it appears that residents are choosing to stay in the area when considering buying new or different homes.

The Lincoln office, which is also an independent real estate agency, has added four local realtors: Linda Barrick, Pat Glenn, Tena Schneider and Brenda Short.

"They are all natives of Lincoln and are bringing with them years of experience and a great deal of knowledge regarding the housing market. I feel very fortunate to have them on board," Tedrick said.

The Lincoln office officially opened in November, which Tedrick said was the perfect time because the market is typically slower this time of year.

"It has given us a real opportunity to get organized," she said.

Tedrick said that the economy has had somewhat of an effect on the housing market, but it is not as depressed as some might think.

What she and the Brady Realtors are seeing is that the days between first listed and actually sold are a bit longer perhaps, but in this region at least, home values have not dropped as some would have us believe.

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Even though the office has been open only a few weeks, Tedrick said the firm already has about 25 listings in the area and is looking to expand the offerings as time goes by.

The agency will handle all types of real estate, from single-dwelling homes to multiplexes, apartment complexes, commercial buildings and land.

When asked to offer some quick tips for potential sellers and buyers, Tedrick said go ahead and pack up personal items and de-clutter the décor, so that would-be buyers can better visualize themselves in the home.

For buyers, Tedrick said it is important to know and understand the circumstances under which the home is being sold. A home can be a simple sell by the owner, a short sell or a foreclosure. Be sure that as a buyer you understand the differences and what they will mean to you.

As an example, she noted that homes sold in foreclosure are almost always sold "as is," which means that any repairs or upgrades needed are going to be the financial burden of the buyer, and there will be very little room for negotiation there.

The Lincoln office of Brady Realtors is planning a grand opening for Jan. 28, and Tedrick hopes that everyone in the community will stop in and say hello.

The agency is also currently working on joining the Lincoln/Logan County Chamber of Commerce and an official ribbon-cut will be scheduled in the near future.

Visit the Brady Realtors website at http://www.bradyrealtors.com/ or call 217-732-7355 in Lincoln.

[By NILA SMITH]

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