CHICAGOLAND REAL ESTATE BLOG

A blog designed to educate individuals and businesses on the latest real estate trends and information in the Chicagoland area.

Sunday, February 9, 2014

How Are Realtors Compensated for a Closing?

Many people are unaware that in Illinois, both realtors in the transaction are typically compensated by the seller, based on a percentage of the purchase price.  There is usually no cost to the buyer(s).
 
http://www.199closing.com
Posted by WMZ at 7:18 PM
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    • ▼  February (13)
      • Condominium Declarations and Bylaws
      • Choosing a Real Estate Attorney
      • Tax Prorations in Illinois
      • Real Estate Closing Costs for Sellers
      • Tax Prorations at Real Estate Closings
      • Real Estate Title Fees Rise
      • Second Financing Date for 6.0 Contract
      • Inspections For "AS-IS" Contract
      • How Are Realtors Compensated for a Closing?
      • Attorney Review Period
      • Beware of Hidden Fees
      • Frozen Pipes Becoming a Major Concern
      • Should I Get a Home Inspection?
    • ►  January (3)
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