Realty411 Featuring Jimmy Reed, 1REClub.com | Page 38

When the pandemic first hit Chicago market times rose but now they are actually quite a bit lower than last year . Detached homes are at a record low .
Chicago Home Sale Market Times
With inventory levels so low and sales so high it should be no surprise that market times have gotten ridculously fast ­ at least for detached homes . They sold on average in only 42 days . That ' s down from 70 days last year and keep in mind that half the homes sold in 12 days or less ! Meanwhile attached homes , despite their growth spurt , are selling on average in 66 days , which is only down slightly from last year ' s 68 days .
MEET GARY LUCIDO
Gary Lucido is the President of Lucid Realty , the Chicago area ' s full service real estate brokerage that offers home buyer rebates and discount commissions .
Gary brings over 20 years of experience in customer service , finance , operations , and information services , and has an obsessive passion for getting the job done quickly and correctly . His corporate experience includes many multi­million dollar contract negotiations that resulted in wins for both parties . Prior to working with a wellknown traditional real estate brokerage , Gary was President of a national concierge company , where he worked with Sari . He was also one of the founders of Shop Local , a leading provider of Web shopping services for retailers , where he served as the President and Chief Operating Officer , responsible for client services , operations , and technology . His team built the company to more than 150 employees serving most of the top retailers in the country .
Gary ' s experience also includes 7 years at Circuit City Stores as Director of Inventory Productivity and Extended Service Plans , where he was responsible for the company ' s $ 500 million warranty program and led Circuit City ' s first supply chain initiatives . In addition , he was a Corporate Business Development Manager at General Electric , where he led a one­year customer service improvement study for GE Financial Services . Early in his career he worked in the strategy practice at Booz , Allen & Hamilton , and in corporate finance at Sears , Roebuck and Co .
Gary received a B . S . degree in math and physics from Duke University and an MBA from Northwestern University ' s J . L . Kellogg Graduate School of Management , where he concentrated in finance and management policy . He has lived in the Chicago area for over 19 years , including Evanston , Lake View , Lincoln Park , University Village , and East Ukrainian Village .
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