Rick Slavin

Rick Slavin Broker at Compass I strive to be a new kind of real estate agent. Downsizing should not mean a degradation in your style of living.

One that looks at your current house as an investment and works with you to maximize it’s potential. In looking for a new home, I strive to find one that fits your current and future lifestyle as well as your budget. I specialize in transitional moves, where you are selling a house to accommodate a growing family or finding different needs when downsizing. It in fact can be an upgrade that fits yo

ur changing needs. I have a masters degree in finance and a background of senior executive corporate positions. I have experience negotiating financial deals, analyzing pros and cons of a transaction and working with others to find the best solutions. I also follow trends in home design and work with contractors to re-imagine spaces. This works well in real estate as potential or current homeowner needs to assess the following:

• What is the maximum value that I can attain for my current home: Do I need to remodel? Will the dollars spent on remodeling ultimately get me a price differential greater than the money spent?

• How quickly do I need to sell my home? Can I wait for the maximum price or do I want to price the home effectively for a faster sale.

• What are the costs of selling? All costs need to be identified so you do not have any surprises: broker fees; real estate transaction fees, taxes, prorated expenses, etc.

• What are my main goals in purchasing a new home: Location, size, amenities?

• What can I truly afford?

• Does it make sense to do renovations on a purchased house? How will that effect your lifestyle as well as your wallet.

• What are the risks of a new house and how can you mitigate them: Home Warranties; inspections, etc.

• What are the costs of purchasing? These assessments as well as other components need to be addressed and you need to feel comfortable with the results. I will work with you to offer information and guidance, but ultimately leave you in control throughout the process.

Rates are trending slightly upward, but still below 7% Nationally
06/04/2025

Rates are trending slightly upward, but still below 7% Nationally

Rates continue to trend upwards
04/21/2025

Rates continue to trend upwards

Mortgage rates trending upward as 10 year Treasury note interest rates rise.
04/17/2025

Mortgage rates trending upward as 10 year Treasury note interest rates rise.

Love the downward trend!
04/02/2025

Love the downward trend!

Rates continue downward. Let's hope it's a trend.
03/17/2025

Rates continue downward. Let's hope it's a trend.

Mortgage rates have inched downward. Let's hope the trend continues!
03/11/2025

Mortgage rates have inched downward. Let's hope the trend continues!

Analysts believe that Mortgage rates can stay at the 6.5-7.0% level for a couple of years.
01/08/2025

Analysts believe that Mortgage rates can stay at the 6.5-7.0% level for a couple of years.

Have a great holiday season!
12/24/2024

Have a great holiday season!

Mortgage rates trending down a little. Happy Holidays!!
12/24/2024

Mortgage rates trending down a little. Happy Holidays!!

Rates continue to stay in the 6-7% range.
12/16/2024

Rates continue to stay in the 6-7% range.

Have a great Thanksgiving!!
11/28/2024

Have a great Thanksgiving!!

Mortgage rates are not projected to go below 6% for the next few years.
11/25/2024

Mortgage rates are not projected to go below 6% for the next few years.

Address

Long Grove, IL

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