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Frank Bianco

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    Chicago homes for sale, IL - [Cached Version]
    Published on: 6/6/2005    Last Visited: 11/11/2006  

    Frank and Cheryl Mitrick are celebrating twenty five years in the real estate industry.
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    Frank Bianco is one such client.A Retired Director of Channel 7, who says he's known the Mitrick's for about 20 years, "I think they have found me places to live four or five times.
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    Frank started in real estate right out of college.He went to work in the management field and managed a 110 unit high rise and several smaller 16-30 unit investments.This proved to be helpful training in learning to deal with tenants, problems, how buildings are run and also repaired.After about eight months an opportunity presented itself with the same company to do a condominium conversion and jump into sales.Frank helped successfully convert his first project at 700 W. Bittersweet in Chicago.After several more conversions Frank found himself at the largest condominium converter in the country, American Invesco.He quickly proved himself in sales and was groomed to become one of the company's youngest sales managers.After selling out of the three projects in the city he was re-assigned to Highland Towers in Niles, Illinois.
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    Frank and Cheryl dated for several years before getting married.
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    Throughout the years, Frank and Cheryl have put an emphasis on education and training.
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    Frank earned his CRS (Certified Residential Specialist) designation, which less than 5% of Realtors in the nation have and is an accredited buyer representative, ABR."It is consuming and expensive but worth every penny."He also has earned his CRB (Certified Residential Broker).
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    Frank is also a general contractor who is extremely hands on."I think one of my biggest assets with handling our crew of workers is they respect me because I have done most of the tasks I ask them to do.I love taking old properties and making them look great again.We have remolded several homes, and countless condos.We had our first new construction home built and plan on doing another in Lake Forest."Frank and Cheryl find this knowledge useful when dealing with their own clients.
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    Frank is very knowledgeable and passionate about remodeling.
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    Frank doesn't mind because he was trained in property management and has the resources to get things done.
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    "My experience with Frank and Cheryl is threefold.
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    Frank mentioned there is one more thing, "the renter needs another place to live, we can help them find a place to rent or purchase, it's a vicious cycle."
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    Frank and Cheryl are experts in determining value.
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    I saw the detailed checklist Frank goes over with each prospective seller, so the property will be appealing to buyers, and the list of services they provide to the buyer.
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    They took a lot of time to understand exactly what we were looking for - what we wanted - and with every place we looked at, Frank got a better feel for what we actually wanted.He was really good at holding our hand through the process where we needed it."When Michael and his wife finally found the place they wanted, it was in a "hot" area and Frank zeroed in on it."He cancelled all the other appointments, discussed how we would make the bid the next day and scheduled an appointment with the other agent for first thing in the morning."The couple had lost one place by not acting quickly enough, and Frank was not about to let that happen."Our appointment was for first thing the next morning; we had everything on hand we needed, and we got it that day."It Turned out to be very providential because there was another family already scheduling a second walk-through."The fact that he put in all that time and effort and put us through all the scenarios so we could get it, really meant a lot to us."Then, as it turns out, Frank sold the Schuetz's house.
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    There is also one other member of Team Mitrick, Lisa Roth, whose brother worked for Frank at American Invesco.
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    Her father Frank went to college on a golf scholarship and taught golf after graduation during the summers for extra money while establishing himself in real estate.She learned the business from her father's perspective when she worked for a summer doing construction for him."She was 18 years old and hanging dry wall, putting studs up 16" on center, and ripping out kitchens and baths."Frank wanted her to learn the business from the ground up.Lauren thought, it was an invaluable experience.She learned the finance end when she was 16 helping Cheryl do the tax returns for the business.She learned where the money came from, how it was spent and how to invest in real estate, and the returns it provided.What Lauren found especially exciting was watching exactly how a company was run.And you could honestly say she learned from the ground up.Her parents bought a two bedroom unit at 744 W. Gordon Terrace to help put her through college.They gutted and remolded it, and it cleared a nice profit each month to go toward her college tuition . Part of the deal was that Lauren had to help write ads, rent it out, do showings, help clean and paint, and do repairs."It was a lesson in real estate 101."She is very mature for her age.She is a straight A student at the University of Illinois, has her real estate license at age 21, and finds enough time to volunteer at Children's Memorial Hospital."We're very proud of her.
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    When Frank, Cheryl and Lauren are not buying, selling, leasing, rehabbing, or managing real estate they find time to enjoy the summer months on their boat in Lake Michigan.

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