Home buying and selling is tricky. Especially the land of presidents and farming where sales are quick and the interest rates are ever-growing. But with a brimming inventory of 52,000 REALTORS in Illinois, their expertise, services, and knowledge are yours for the taking. Read our reviews and ease the process. of your next real estate transaction!
10 Top Illinois REALTORS and Companies
Top Illinois REALTORS | Best For | More Than 10 Years of Experience | More than a 100 sales in the last 12 months | 5 Star Ratings |
---|---|---|---|---|
1. Venessa Carlson | ✔️ Sellers looking for maximum savings ✔️ Sellers looking for Stellar Customer Reviews ✔️ Sellers looking for Fast Listing Changes ✔️ Sellers looking for Cutting-edge Technology | ✅ | ✅ | ✅ |
2. Mary Wallace | ✔️ First-time buyers and sellers looking for in-person support. | ✅ | ✅ | ✅ |
3. Rich Bassford | ✔️ Clients dealing in foreclosed properties. | ✅ | ✅ | ✅ |
4. Dawn Mckenna | ✔️ Sellers/buyers dealing in luxury properties | ✅ | ✅ | ✅ |
5. Katherine Malkin | ✔️ Clients needing discretion and deal in high profile properties. | ✅ | ✅ | ✅ |
6. Edward Lukasik Jr | ✔️ Clients looking for a REALTOR having good customer ratings | ✅ | ✅ | ✅ |
7. Carrie McCormick | ✔️ Sellers looking for unique staging and marketing strategies. | ✅ | ✅ | ✅ |
8. Lisa McKinney | ✔️ Clients looking for an experienced professional. | ✅ | ✅ | ✅ |
9. Kim Noonan | ✔️ Clients looking for relocation. | ✅ | ✅ | ✅ |
10. Robert Picciariello | ✔️ Buyers looking to save money on rebates. | ✅ | ✅ | ✅ |
Facts About Illinois Real Estate Market
🔢 Number of homes for sale in Illinois | > 15,900 listings per month (on average)[1] |
🏡 Average home value | $256,010[2] |
📌 % of homes sold through REALTOR | 90%[3] |
💰 Average commission for REALTORS in Illinois | 5-6% |
📌 % of homes sold FSBO | 7%[4] |
IL Housing Market: Will the housing market crash in Illinois? Read to know.
Reviews: 10 Best Illinois REALTORS
1. Vanessa Carlson – Most Cost-Effective
🔥 Best Overall
Venessa Carlson
- ⌛ 16 years experience
- Covers major IL MLS
5/5 (35 Reviews)
Vanessa Carlson
💰 Sales volume: $68 million
👩⚖️ About: Vanessa Carlson is a realtor based in Illinois. She covers some major MLS’ and has 5-star consumer ratings. She has been in the real estate industry for the past 16 years. As per realtor.com, she has 455 listings under her belt.
🥇 Accolades: She launched a discount flat fee brokerage to provide exceptional online listing FSBO services. She is additionally associated with Houzeo which is America’s #1 Flat Fee MLS listing service.
iRealtyFlatFeeBrokerage
🏡 About: iRealty is a discount brokerage that offers sellers affordable MLS packages and a 0.75 percent closing rebate to buyers. For a first-time seller, they offer full-service alternatives as well as additional tools such as a yard sign and all legal documentation required by FSBO sellers.
Houzeo.com
💰 Save Thousands on Commission: Venessa offers his services through Houzeo’s plans typically for a small flat fee. This will save you thousands. If your buyer is unrepresented, you save the buyer agent commission as well.
📣 Maximum Exposure: Listings get syndicated to the MLS, Zillow, Realtor.com, Redfin, Trulia, and hundreds of other websites. Houzeo also has nifty social media sharing tools. No other platform gives you this much exposure.
⚡ Fast Listing & Changes: Through Houzeo, Venessa offers all his services 100% online. Listing is easy and changes are fast. So you can focus on what is most important – your sale.
📱 Cutting-edge Technology: Through Houzeo, Venessa provides various tech-enabled solutions. These include:
- IntelliList Listing Management System: Lets you manage your listing 100% online.
- Houzeo Showings: Manage showing appointments online.
- Houzeo Offers: All offers are summarized online. You can view and compare offers, or counter an offer. In a multiple-offer situation, you can also call for the highest and best offers.
- Buyer Search: Buyers can contact you directly on Houzeo.com instead of going through a real estate agent.
- Houzeo Settlement Agent Platform: Guides you to your closing.
No other Realtor comes close to offering such features.
👉 Our Take: Venessa Longo is our top pick because his services deliver an unbeatable combination of savings, and tech features, and covers all the major MLS’ in Illinois.
»SAVE: Start your free listing on Houzeo.com today!
- Covers some major MLS’ in Illinois
- 16 years of experience
- All her services are 100% online from listings, changes, showings, and offer management
Venessa has 5-star ratings on Houzeo.com.
Vanessa Carlson is a licensed Illinois REALTOR from Elmhurst. Her main service areas include:
- Crystal Lake
- Elmhurst
- Harwood Heights
- Lake in the Hills
- Morton Grove
- Oak Park
- Palos Heights
- Villa Park
- Aurora
- Carpentersville
- Forest Park
- Hinsdale
- Inverness
- La Grange
- Oak Brook
- Saint Charles
- Buffalo Grove
- Bensenville
- Chicago
- Des Plaines
- Elgin
- Geneva
- North Riverside
- River Forest
- Skokie
- Downers Grove
- Elk Grove Village
- Hickory Hills
- Lincolnshire
- Palatine
- Westchester
- Franklin Park
- Hoffman Estates
- Roselle
- Batavia
- Deerfield
- Orland Park
- Park Ridge
- Schaumburg
- Western Springs
- Winnetka
- Lake Forest
- Maywood
- Rolling Meadows
- Carol Stream
- Glenview
- Mount Prospect
- Naperville
- River Grove
- Schiller Park
- Barrington
- Broadview
- Cicero
- Itasca
- Lake Zurich
- Palos Hills
- Riverside
- Vernon Hills
- Arlington Heights
- Berwyn
- Burr Ridge
- Melrose Park
- Highland Park
2. Mary Wallace – Best for In-Person Support
Best for In-person Support
Mary Wallace
Mary Wallace
💰 Sales volume: $50 million
👩⚖️ About: Mary Wallace is a licensed REALTOR in Illinois and Wisconsin with 19 years of experience in the industry. She has listed over 3416 properties as per Zillow. She is active in 26 cities in Illinois. She has no negative customer testimonials. All customer reviews mention her excellent negotiation skills and local market expertise. She is best for first-time sellers and buyers in need of a strong negotiator, local market knowledge, and maximum in-person support.
Coldwell Banker
She holds the title of the #1 Coldwell Banker realtor in Oak Lawn since 2008.
🏡 About: Coldwell Banker Real Estate LLC is an American full-service real estate brokerage owned by Realogy. Coldwell Banker’s Full Service Marketing System shows that they are reliable, professional, and committed.This promise is backed by their Seller Services Guarantee. They have a unique marketing tool named CBx. This technology not only benefits the agents but also buyers and sellers.
👨⚖️ Agent Advantage: Using the power of technology, your Coldwell Banker agent will have a distinct advantage over other agents in the process of selling your home quickly and for the most money. The increased accuracy of market knowledge, advanced pricing tools, and access to comprehensive housing data enable them to make the selling process more efficient, enjoyable, and successful for you, their client.
- Has 19 years of experience in the real estate market
- #1 realtor in Oak Lawn since 2008
- Excellent local knowledge and negotiation skills according to several testimonials
Mary Wallace has 5-star reviews on Zillow.com.
She is a licensed REALTOR in Illinois and Wisconsin. Her main service areas include:
- Alsip
- Berwyn
- Blue Island
- Bolingbrook
- Bridgeview
- Burbank
- Chicago
- Cicero
- Evergreen Park
- Hickory Hills
- Hometown
- Justice
- La Grange
- Lemont
- Midlothian
- Naperville
- Oak Lawn
- Oak Park
- Orland Park
- Palos Heights
- Palos Hills
- Palos Park
- River Forest
- Riverdale
- Romeoville
- Willow Springs
3. Rich Bassford – Best for Foreclosures
Best for foreclosures
Rich Bassford
Rich Bassford
👨⚖️ About: Rich Bassford is a licensed realtor in Iowa and Illinois. He leads The Bassford Team at RE/MAX concepts. He and his team have 2664 listings under their belt. He boasts of mainly 5-star reviews. His testimonial mentions his extensive knowledge and process expertise. Rich offers his services in 9 cities around IA and IL. He is best for sellers, buyers, foreclosures, and new construction.
🥇 Accolades: He is the #1 RE/MAX agent in quad cites. He additionally started his own RE/MAX elite franchise.
RE/MAX
🏡 About RE/MAX: RE/MAX (short for Real Estate Maximums) is a well-known real estate company in the world. RE/MAX, which has more than 125,000 agents across the country, was named the top real estate brokerage franchisor by the Franchise 500 for the year 2020.
💰 Commission: The company was established with a maximum commission concept, meaning agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each sale, which is common in residential real estate.
- 20 years of experience in the real estate market
- #1 producing residential agent in the Quad cities
- Has excellent process expertise and local knowledge according to customer testimonials
Rich Bassford has 5-star ratings on Zillow.com.
He is an active realtor in IA and IL. Some of his main service areas in Illinois are:
- Rock Island County
- Moline
- East Moline
- Milan
- Rock Island
4. Dawn Mckenna – Best for Luxury Properties
Best for luxury properties
Dawn Mckenna
Dawn Mckenna
💰 Sales volume: $59 million
👩⚖️ About: Dawn Mckenna is a licensed luxury realtor based in Illinois with 19 years of experience in the real estate industry. She has listed 1632 properties as per Zillow. She is active in 27 cities in Illinois. Her positive reviews mention her top-notch local market knowledge. Where she lacks however is her lack of responsiveness and expertise. She is best for luxury real estate and relocation.
🥇 Accolades: She holds the title of #1 Coldwell Banker agent in Illinois and is also a member of the Presidential Elite top 1% agents.
Coldwell Banker
🏡 About: Coldwell Banker Real Estate LLC is an American full-service real estate brokerage owned by Realogy. Coldwell Banker’s Full Service Marketing System shows that they are reliable, professional, and committed. This promise is backed by their Seller Services Guarantee. They have a unique marketing tool named CBx. This technology not only benefits the agents but also buyers and sellers.
👨⚖️ Agent Advantage: Using the power of technology, your Coldwell Banker agent will have a distinct advantage over other agents in the process of selling your home quickly and for the most money. The increased accuracy of market knowledge, advanced pricing tools, and access to comprehensive housing data enable them to make the selling process more efficient, enjoyable, and successful for you, their client.
- She is the #1 Luxury real estate realtor in Midwest
- Most testimonials mention her local market knowledge
- Coldwell Banker’s top 1% agent
Dawn Mckenna has 4.7 out of 5 reviews on Zillow.
She is a licensed realtor in Illinois. Her main service areas include:
- Berwyn
- Bolingbrook
- Chicago
- Clarendon Hills
- Darien
- Downers Grove
- Elgin
- Forest Park
- Hinsdale
- Kingston
- La Grange
- La Grange Park
- Lemont
- Lisle
- Maywood
- Naperville
- Oak Brook
- Oak Park
- River Forest
- Shorewood
- Villa Park
- Westchester
- Western Springs
- Westmont
- Willow Springs
- Willowbrook
- Woodridge
5. Katherine Malkin – Deal in Super Luxury Properties
Best for super luxury properties
Katherine Malkin
Katherine Malkin
💰 Sales volume: $35 million
👩⚖️ About: Katherine Malkin is recognized as one of the top industry leaders in Chicago real estate. With over 20 years of experience under her belt, she is known for her expertise and discretion, crucial for high-profile super-luxury properties.
🥇 Accolades: Part of the nation’s top 1% agents, she directed several high-profile luxury conversions of office spaces including the prestigious Chicago Palmolive Building.
Compass
🧭 About Compass, Inc.: It is an American licensed real estate company that utilizes the Internet as a marketing medium with the use of real estate technology. Compass is the first company to have built a proprietary mobile app for real estate agents.
✅ Operations: They operate similarly to any other traditional real estate company when it comes to selling your home. Their agents will handle every aspect of your sale, including marketing, holding open houses, fielding offers, negotiating, and finally closing with you.
- Nation’s Top 1% agents
- 20 years of experience
- Industry leader of Chicago’s luxury real estate
No credible reviews found.
Chicago, IL
6. Edward Lukasik Jr – Good Customer Reviews
Good Customer Reviews
Edward Lukasik Jr
Edward Lukasik Jr
💰 Sales volume: $41 million
👨⚖️ About: Edward Lukasik Jr. is a REALTOR and owner of RE/MAX professionals in Bolingbrook IL with 21 years of experience in the real estate market. He is known for closing quickly in an average of 1.5 days. He has excellent reviews for his process expertise and negotiation skills. He is technologically advanced and uses tech to maximise client exposure.
🥇 Accolades: He is recognized as the #1 RE/MAX agent in Illinois and #1 in Will County for having the most sold listings. He is also the recipient of the RE/MAX lifetime achievement award and is the member of their prestigious hall of fame.
RE/MAX
🏡 About RE/MAX: RE/MAX (short for Real Estate Maximums) is a well-known real estate company in the world. RE/MAX, which has more than 125,000 agents across the country, was named the top real estate brokerage franchisor by the Franchise 500 for the year 2020.
💰 Commission: The company was established with a maximum commission concept, meaning agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each sale, which is common in residential real estate.
- Owner of RE/MAX professionals in Bolingbrook IL
- 21 years experience
- #1 agent in Will County for most listings sold
- #1 RE/MAX agent in the state of IL 2020
- RE/MAX hall of fame member
- RE/MAX Lifetime Achievement Award
Edward Lukasik Jr. has 5-star ratings on Zillow.
He is an active REALTOR in Bolingbrook IL.
7. Carrie McCormick – Best for Staging and Maximum Exposure
Best for staging and maximum exposure
Carrie McCormick
Carrie McCormick
👩⚖️ About: Carrie McCormick is an Illinois REALTOR specializing in listing, luxury, buyer, staging, and property management. She boasts of 23 years experience in the real estate market. She is a certified luxury marketing specialist with an extensive social medial following. She is often referred to as a leader in the Chicago Real Estate and part of the elite 1% of Chicago realtors.
@Properties
🏡 About: @Properties, the king of marketing and upscale technology, was founded in 2000 and has successfully established itself in the Chicago real estate market. They are one of the fastest-growing brokerage organizations, offering all of the services a buyer or seller could require during their real estate transactions.
- 23 years of experience
- #1 Luxury broker in Chicago
- Top 100 brokers in Crain’s
- Top 1% in Chicago’s Association of Realtors
- Member of the National Association of Realtors, Luxury Portfolio, and Home Builders Association
Carrie McCormick has 5-star reviews on Zillow.
Carrie McCormick is an active REALTOR in Chicago. Her main service areas include:
- Wicker Park, Chicago, IL
- Chicago, IL
- Wilmette, IL
- Glencoe
- Winnetka
- Bucktown
- East Side
- Lake View
- Lincoln Park
- Lincoln Square
- Logan Square
- North Center
- South Loop
- West Town
- Roscoe Village
- Streeterville
- Gold Coast
8. Lisa McKinney – Most Experienced
Most experienced
Lisa McKinney
Lisa McKinney
👩⚖️ About: Lisa McKinney is a designated managing broker-owner with over 30 years of experience. For the past five years, she has held the record for the Double Centurion Award. She is regarded as a commercial specialist for her local knowledge and for leveraging cutting-edge technologies to stay on top of market trends.
Century 21
🏡 About: Century 21 is one of the world’s largest real estate brokerage firms. Century 21 has over 11,600 independent franchise real estate brokers working with over 122,000 real estate agents as of April 2021. Their international offices span over 80 countries.
👨⚖️ Experienced Agents and REALTORS: According to Century 21 reviews, Century 21 real estate agents are highly regarded and well-informed. Century 21 Realtors are likely to provide a positive experience. Regardless of whether or not your agent is new to the real estate industry, you can rest assured that they have the support of a well-established company.
- 30 years of experience
- Century 21 All-Pro Real Estate
- 2017,18,19,20,21 Double Centurion Award Winner
Lisa McKinney has 5-star ratings on Zillow.
Lisa McKinney is an active realtor in Mount Vernon Illinois. Her main service areas include:
- Belle Rive
- Benton
- Bluford
- Bonnie
- Chester
- Dale
- Dix
- Mt Vernon
- Mc Leansboro
- Mount Vernon
- Nason
- Opdyke
- Wayne City
- Woodlawn
9. Kim Noonan – Best for Relocation
Best for relocation and residential properties
Kim Noonan
Kim Noonan
👩⚖️ About: Kim Noonan has more than 36 years of experience as a full-time residential REALTOR. She specializes in relocation and real estate listings. She is the first RE/MAX International Lifetime Achievement Award recipient from the Lincoln Way. She has also been inducted into the RE/MAX International Hall of Fame. For individuals looking for a relocation or residential property professional, she is the finest choice.
RE/MAX
🏡 About RE/MAX: RE/MAX (short for Real Estate Maximums) is a well-known real estate company in the world. RE/MAX, which has more than 125,000 agents across the country, was named the top real estate brokerage franchisor by the Franchise 500 for the year 2020.
💰 Commission: The company was established with a maximum commission concept, meaning agents would keep nearly all of their commissions and pay their broker a share of the office expenses, rather than paying their broker a share of the commission of each sale, which is common in residential real estate.
- Member of the RE/MAX International Hall of Fame
- First RE/MAX Agent from Lincoln Way to receive the Lifetime Achievement award
- Past director of Three Rivers Association of REALTORS
- Over 36 years of experience
Kim Noonan has 5-star reviews on Zillow.
She is an active REALTOR in Illinois. Her main service areas include:
- Will County
- Channahon
- Tinley Park
- Frankfort
- Homer Glen
- Shorewood
- Manhattan
- Plainfield
- New Lenox
- Elwood
- Joliet
- Mokena
- Orland Park
- Minooka
- Lockport
- Peotone
10. Robert Picciariello – Best for Buyers
Best for buyers
Robert Picciariello
Robert Picciariello
💰 Sales volume: $98 million
👨⚖️ About: Robert Picciariello is a buyer and listing REALTOR with 23 years of experience in the market. He specializes mainly in buying and property management. He provides discounted packages on a flat fee as opposed to commissions saving you thousands of dollars. Perfect for buyers, multiple reviewers mention his top-notch negotiation skills and process expertise.
Prello Realty
🏡 About: Prello Realty is a discount real estate brokerage recognized as the top producer of Chicagoland for 13 years. They provide discounted services and flat-fee packages for buyers and FSBO sellers. They allow the buyer agents to contact the seller directly via phone or email.
💰 Packages: They have three packages – Basic package ($295), Plus package ($495), and Pro package ($795). With each package, your property will be listed on the Illinois MLS and also pushed to various real estate websites like Redfin, Zillow, Trulia, Moving.com, Realtor.com, and many more. With their Plus package, you will also get a professional photographer who’d click up to 25 HD photographs of your property. All the packages come with a yard sign that you can put in your yard and tell the world you are open for offers.
- 20 years of experience
- Founded discount brokerage Prello Realty
He has a 4.5 star rating on Zillow.
Robert Picciariello is an active REALTOR in Illinois. His main service areas include:
- Harwood Heights
- Morton Grove
- Oak Park
- Elmwood Park
- Chicago
- Evanston
- Lincolnwood
- Skokie
- Wilmette
- Golf
- Park Ridge
- Winnetka
- Kenilworth
- Niles
What are Realtor Agents?
Realtor Agents are real estate professionals adhering to the code of ethics laid down by the National Association of REALTORS (NAR), America’s largest real estate association.
For becoming a licensed member of the NAR, real estate agents or brokers have to be certified members of a local realtor association and complete their NAR Code of Ethics training.
The designation of a Realtor in Illinois is open to various professionals like commercial brokers, agents, appraisers, property managers, and counsellors working in the real estate sector.
» NAR Code of Ethics: A Comprehensive Guide.
What is the Average Realtor Commission in Illinois?
The average Realtor commission in Illinois is typically between 5 and 6%. However, this fee is negotiable and varies from sale to sale depending on the region and the firm that REALTORS work for.
🔎 Real Estate Commission Illinois: Know what the average real estate commission in Illinois is!
💸 Want To Save On The REALTOR® Commission?
We have got you covered. Sell your house with Houzeo.com for a small flat fee – as less as $349!
START YOUR MLS LISTING NOW
REALTOR vs. Real Estate Agent vs. Real Estate Broker
Sr. No. | Defining Features | Real Estate Agent | Real Estate Broker | REALTOR® |
---|---|---|---|---|
1. | Explanation | A real estate professional possessing the license to assist people in buying, selling, or renting real estate. | A real estate professional having in-depth knowledge of the field, who has obtained a license after completing additional coursework beyond the agent level. | Real estate agents or real estate brokers can become realtors by becoming members of the NAR. They follow the NAR Code of Ethics and are held to a higher standard than real estate agents and brokers. |
2. | Training | No additional training is required except the completion of the prelicensing coursework | Required to undergo additional training pertaining to contracts, insurance, taxes, and ethics | Same as a Real Estate Agent and/or Broker |
3. | Eligibility | Required to pass the pre-licensing exam to obtain an agent’s license | Required to have some experience working as an agent and obtain a broker’s license after completing additional coursework | Same as a Real Estate Agent and/or Broker |
4. | Mode of Operation | Real estate agents are required to work for a broker or a brokerage. | Brokers can either start their brokerage or work independently as agents. | Same as a Real Estate Agent and/or Broker |
5. | Responsibility | Seller agents are required to help the seller price the property, host open houses, be present during the inspection, provide contract assistance, etc. | Brokers are required to oversee other agents working for them and hold other roles depending on whether they are a Principal Broker, Managing Broker, or Associate Broker. | Same as a Real Estate Agent and/or Broker |
How to Find a REALTOR in Illinois?
Home sellers can find the right REALTOR in Illinois with proper research. If you wish to sell a single-family home or a condo, it is essential to find a REALTOR specializing in that sale.
We have listed the process for finding a Illinois Realtor who will help you in your real estate journey.
How to Find Realtors in Illinois
- Look for Illinois real estate agents or brokers who are members of the NAR.
- Verify whether they provide cutting-edge tech.
- Check their customer reviews.
- Find out whether they offer optional online paperwork.
- Interview Realtors and convey your requirement.
- Compare the Realtors based on commission percentage and services provided.
- Finalize the one that best understands your real estate goals.
» Best Realtors: Here are the top REALTORS in the US you should know!
Alternatives to Top Realtors in Illinois
If saving money is the main goal you should consider the following:
1. Sell with Flat Fee MLS Companies
With Illinois Flat Fee MLS companies, you can not only save thousands of dollars in commissions but also take advantage of their technology to sell your house fast in the US. These companies will help you list on MLS for a flat fee of a few hundred dollars.
They also offer various services like showing management, offer management, and digital transaction management. These companies are the cheapest way to get your house on the MLS and maximize your profits.
» Flat Fee Real Estate Illinois: Check out the best Flat Fee MLS Companies in Illinois.
We’ve compiled a list of the best Flat Fee MLS listing services near you:
2. Sell with Discount Brokers
Discount Brokers are licensed individuals or companies that help in selling a home in Illinois at a low commission or flat rate. Most discount realtors charge a single fee for the entire sale. Whereas, a low commission realtor charges real estate commission less than 3%.
These Flat Fee Realtors have the tools to provide excellent exposure to home sellers. They offer social media exposure, a personalized website, and other features despite offering their services at a lower rate than traditional real estate brokers.
Here are our top recommendations:
Discount Brokers | Fees |
Redfin | 1.5% of the sale price |
Ideal Agent | 2% of the sale price |
Houwzer | $5000 Flat Fee |
HomeLight | 2.5% of the sale price |
⚡ Discount Real Estate Brokers Illinois: Check out reviews of top discount real estate brokers near you.
3. Sell “For Sale By Owner”
77% of the FSBO sellers sold their houses in 2 weeks. An advanced for sale by owner site like Houzeo help you sell your home fast and make a successful sale.
The best part about selling a house in Illinois FSBO is the freedom to make decisions about your home sale without a Realtor. Since there is no listing agent involved, you end up saving thousands of dollars on the seller agent commission which would have been impossible otherwise.
⚡How to Sell a House By Owner in Illinois: Check out our tips for selling your home like a pro with FSBO
Selling with a Realtor vs. FSBO vs. Flat Fee MLS
4. Sell to “We Buy Houses for Cash” Companies
When selling a home fast for cash, you can skip repairs to reduce your expenses. Selling a home as is in Illinois will save you money and time. Home sellers get 50%–70% of the property’s market value for their houses, whether it’s a distressed property or not.
Lesser paperwork and inspections when selling their houses to cash companies speed up the closing process significantly.
⚡ Cash Home Buyers in Illinois: Check our rankings of the top cash companies in IL!
5. Sell to iBuyers
iBuyers are companies that buy houses for cash. The price is decided with the help of their proprietary algorithm, recent real estate data, and in-house experts. An iBuyer offers and closes the deal within 24 hours. However, there are certain pitfalls when dealing with an iBuyer.
- The offer price is sometimes way lower than the actual market price
- Their offer price is generally non-negotiable
- Charge steep service fees – generally 5%-14% of the sale price
Hence, iBuyers are only recommended if you want a quick sale rather than to save your money.
⚡ iBuyer Reviews: See who’s No.1 in America!
Final Word
Good REALTORS in Illinois can make selling a house a cakewalk. Their guidance can help you get the best price for your property in the most hassle-free manner.
However, with the average REALTOR commission being 6% across the nation, split 50-50 between the listing agent and the buyer agent, your profits on the sale are substantially reduced. Additionally, closing costs for sellers in Illinois will eat away at your profits.
Although there is no escaping the closing costs, opting for Flat Fee real estate agents, empowered by Houzeo, can help you save 3% on listing agent commission.
Frequently Asked Questions About Illinois Realtors
Do buyers pay realtor fees in Illinois?
The seller pays all REALTOR fees in Illinois. However, this is standard across the nation.
Do you need a real estate agent to buy a house in Illinois?
A REALTOR or real estate agent is not required by law when purchasing a home. If you're bidding on foreclosure houses, though, you'll need an agent to act as a middleman.
How much does a REALTOR make in Illinois?
The average salary of a REALTOR is $100,688 annually in Illinois.
Also Read
- Selling My Home Fast for Cash Illinois: Know how to sell your house in Illinois quickly and for the most cash.
- Best Time to Sell a House in Illinois: Know the best time to put your Illinois home for sale.
- Seller Disclosure Illinois: Learn how to ace your disclosure process.
- Home Staging Companies in Illinois: Home Staging Companies can help you make your home more appealing to potential buyers. Know how.
- Real Estate Photography Illinois: Make your home stand out with the best listing photos.
- Sellers Closing costs Illinois: Know how much you will pay as a seller in Illinois.
- Illinois Real Estate Websites: Check our rankings of the best real estate websites in Illinois.
Recommended for Buyers
- Foreclosure Meaning: An in-depth guide.
- Title Insurance Coverage in Illinois: Know everything about title-insurance in the home-buying process.
- Illinois Home Inspector: Check our rankings of the best home inspectors in Illinois.
- Appraisal fee in Illinois: Know how much you need to pay for a home-appraisal in Illinois.
- Mortgage Companies in Illinois: Check our rankings of the best mortgage companies in Illinois.
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Illinois Real Estate Agent