Locally Owned
Teardowns.com 'A Disruptor' in Real Estate Industry, Owner Says
Hinsdale resident Brian Hickey started Teardown.com in 2001 to directly connect sellers of property with redevelopment potential with interested buyers.
Brian Hickey pointed to an old black-and-white photograph of downtown Chicago above his desk in Clarendon Hills. “You take a look at that skyline, it doesn’t look like it looks now,” Hickey said, referring to buildings in the picture that no longer stand. “They were replaced by something.” Though controversial in towns like Hinsdale and Clarendon Hills, redevelopment is natural and the product of a “constantly evolving” market, the longtime Hinsdale resident and founder of Teardowns.com says. Hickey’s bluntly named business aims to serve that market by connecting sellers who own property with redevelopment potential with interested buyers. “It’s not balloons and open houses,” Hickey said of his company’s real estate niche. “This is a …
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brian hickey
9:26 am on Saturday, February 23, 2013
Gigi, As you suspected, the business started after I tried to sell my Hinsdale home/property directly to builders (wanted to bypass the commission) - what I learned and we have proven over time is that the easiest way to undersell property is to sell without any competition and exposure to all the targeted buyers (builders, investors and individuals - builders are not always the best buyers) that… more ›