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Planning to Sell or Buy a Home?

By getting referral fees from real estate agents, you can make money in real estate without any cash investment. You may not make much. But if you have no cash to invest, this is a way to get an education and make a little money. Continue Reading »

Many who have bought and sold properties through Realtors numerous times; even many real estate agents themselves, don’t know where the commission money goes. After all, when a property sells for hundreds of thousands of dollars and the commission is tens of thousands of dollars, it seems like there is a terrific amount of money charged as commission — and there is. Continue Reading »

Chicago Real Estate Fees

Northern Illinois offers reasonable land prices in the Southwest. It has good weather and nice views of trees and water, offering solitude and accessibility at the same time. You can reach Northern Illinois by way of Route 66 and Highway 93.
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Chicago hard money lenders are popular once again, according to finance news. The popularity of private funders fluctuates, a lot like the economy. Years ago, they were considered “last chance” financiers. But, today they are the first and best choice for some borrowers. In particular, real estate investors have found that there are many advantages to borrowing privately. Commercial banks have only so much to offer. Continue Reading »

Fee-For-Service Option

Consumers who don’t want to pay a commission but still want the services of a real estate professional when they sell their home have turned to brokerage models offering fee-for-service. Fee-for-service models can offer one service such as a listing in the Multiple Listing Service (MLS) or bundled services that would also include a Comparative Market Analysis (CMA), a marketing plan and negotiation of contracts. The seller with a flat fee or an hourly rate for the service selected compensates the brokerage. Extensive real estate information is available to home sellers on the Internet. Technology driven consumers now look to real estate agents to provide technical pieces of the transaction. Fees range for a MLS listing: $250-$750, prepare CMA: $100-$250, negotiate contract $500-1,000. Continue Reading »