Loyda Paredes at ProCasa Realty

Loyda Paredes at ProCasa Realty Updates about local events, fun and informative real estate tips, and funny real estate Fails!

09/05/2024

DID YOU KNOW
The way real estate commissions are paid has changed!

It used to be that homebuyers did not pay their Realtors, instead the seller paid their agent and the seller's agent paid the buyer's agent. But this has now changed.

This is a summary of the new rules:
1. Seller's Agents may not advertise on the MLS that a commission is being offered to the Buyer's Agent
2. Buyers must have a written Buyer's Agreement with their Agent before viewing a property. This agreement must stipulate how much commission the Buyer will pay their Agent
3. Buyers may request the seller to pay the commission to the Buyer's Agent during contract negotiations
4. Buyers can also request the Seller give them a "closing cost credit" with which the Buyer can pay their Agent at closing

This means Buyers should be prepared to cover the cost of their Agent's commission, in the event the Seller does not agree to do so.

As always - commissions are negotiable and there is no "standard" commission.

Let me know if you have any questions!

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08/25/2021

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Learn more about Chicago's local real estate market expert.

08/25/2020

A Chicago street sweeping alert system and searchable calendar.

08/25/2020

Si no ha podido pagar su hipoteca debido a COVID-19, estamos aquí para ayudarle. IHDA desarrolló el Programa de Asistencia Hipotecaria de Emergencia (EMA) para ayudar a los propietarios de vivienda de Illinois que no puedan pagar su hipoteca debido a una pérdida de sus ingresos relacionada con COVID-19. Si es aprobado, recibirá un concedo de hasta $15,000 pagada directamente a su administrador de su hipoteca.

Fondos son limitados y el tiempo para aplicar sería solamente del 24 de agosto al 4 de septiembre. Solo se permite una solicitud por hogar y una solicitud no es garantía de asistencia.

No espere, envíe su solicitud hoy mismo en ema.ihda.org. Si tuviera preguntas, no dudes en llamar a (312) 883-2270 o llamado gratis (888) 252-1119. Para los aplicantes que son sordos, tienen dificultar de oír, o discapacidad de hablar, favor de contactar a Navicore Solutions para asistencia gratis (877) 274-4309 (TTY).

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Chicago, IL
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