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Frequently Asked Questions

General Questions

A: We serve the entire Chicagoland and surrounding area, including neighborhoods such as Oak Lawn, Berwyn and Skokie. If you’re looking to buy or sell outside these areas, we can refer you to trusted agents in your desired location.

A: The first step is to get pre-approved for a mortgage. Once you have a pre-approval letter, we can start searching for homes that meet your criteria. We’ll guide you through every step of the process, from viewing homes to making an offer and closing the deal.

A: Our services for sellers include a comprehensive market analysis, home staging advice, professional photography, listing your property on multiple platforms, marketing your home, and negotiating offers. We aim to get you the best possible price in the shortest time.

Buying a Home

A: The time frame can vary, but on average, it takes about 30-60 days from the time you make an offer to closing. The search phase can take anywhere from a few weeks to several months, depending on market conditions and your specific needs.

A: In addition to your down payment, you’ll need to cover closing costs, which typically range from 2% to 5% of the purchase price. These can include loan origination fees, title insurance, escrow fees, and inspection costs.

A: Earnest money is a deposit made to the seller that shows the buyer’s good faith in a transaction. It is typically around 1% to 3% of the sale price and is held in escrow until closing, at which point it is applied to the buyer’s closing costs or returned if the deal falls through due to contingencies.

Selling a Home

A: Start by decluttering and cleaning your home. Consider making minor repairs and updates, such as painting or landscaping, to improve curb appeal. We also recommend professional staging to help buyers visualize themselves in the space.

A: We perform a Comparative Market Analysis (CMA) which looks at recent sales of similar homes in your area, market trends, and the unique features of your property to arrive at a competitive and fair listing price.

A: On average, homes in Chicago stay on the market for about 30 to 60 days. However, this can vary widely depending on the neighborhood and the time of year. In more desirable areas or during peak real estate seasons (spring and summer), homes may sell more quickly, often within a few weeks. Conversely, in less sought-after areas or during slower seasons (fall and winter), it may take longer for homes to sell.

Working with Us

A: License since 2004 , I offer years of experience in the Chicago market, a deep understanding of local trends, and a commitment to personalized service, we are dedicated to achieving the best results for our clients. Our comprehensive approach includes strategic marketing, expert negotiation skills, and a network of professionals to support you throughout the process.

A: As real estate agents, we typically earn a commission based on the sale price of the home, which is paid at closing. This commission is usually split between the buyer’s and seller’s agents. The exact percentage will be discussed and agreed upon in our listing agreement.

A: You can reach us by phone at 773-679-1090, email at PROPERTIES773@GMAIL.COM, or through our contact form on the website.

Miscellaneous

A: A home inspection is a thorough evaluation of a property’s condition by a professional inspector. It is highly recommended for buyers to identify any potential issues before finalizing the purchase. Sellers can also benefit from a pre-listing inspection to address issues beforehand.

A: While we don’t provide loans, we can refer you to reputable mortgage brokers and lenders who can help you explore your financing options and secure the best rates and terms for your mortgage.

A: Consider factors such as proximity to work, school districts, safety, amenities, and future development plans. We can provide detailed information and insights on different neighborhoods to help you make an informed decision.