Did You Know?
South Chicago Heights is a village and a south suburb in Cook County, Illinois. The population was 4,139 at the 2010 census.
South Chicago Heights is located at 41°29'0?N 87°38'15?W / 41.48333°N 87.63750°W / 41.48333; -87.63750 (41.483375, -87.637461).
Why Should You Choose IBA for Your Real Estate Education?
We offer 100% Online Real Estate Courses and our courses are approved by IDFPR to be delivered in South Chicago Heights - 100% Guaranteed. You can check IBA's approval status at IDFPR
As one of our students said recently "If you need to take any real estate course, go with IBA, Iâ€™m serious." This confidence by our students from South Chicago Heights and all across the Illinois areas is a result of our relentless pursuit for excellent education and service.We also accelerated pre-license courses. These programs provides online access to the instructor with live weekly sessions and allows students to complete all 75 hours of courses completely online.IBA is a leading online school for aspiring Illinois real estate agents. Thousands of people in Chicago, South Chicago Heights and other cities choose to become real estate agents and brokers by taking real estate courses. Get your real estate license online with the Illinois Broker Academy! We're a fully-accredited school with some of the best online real estate classes in the industry.
What Types of Seller or Buyer Queries Do South Chicago Heights Licensed Brokers and Realtors Handle?
Can there be any issues with the property?
Issues relating to damage are particularly important to ask about, especially if the property is built from materials that are known to be problematic or if it has previously been affected by a natural hazard like an earthquake.
Ask the agent in South Chicago Heights if the property has ever been subject to an Earthquake Commission (EQC) claim. If it has, ask for more information to find out what damage was caused to the property and land and whether the problems have been resolved.
You can use our Property Checker tool for suggestions of things to look out for based on a property's age, building materials, previous renovations, location, and other hazards.
Whatâ€™s the fastest way to sell a house?
Here's how to sell a house fast.
1.Clean and declutter.
2.Pick a selling strategy.
3.Price to sell.
4.Handle any quick repairs.
5.Stage and add curb appeal.
6.Hire a professional photographer.
7.Write a great listing description.
8.Time your sale right.
How mortgage brokers makes money?
Mortgage brokers are people too - they need to feed their families and pay their bills. They're not helping you negotiate a better home loan deal from the goodness of their hearts. Brokers usually work on commission, which can come in two parts: the upfront commission and a recurring monthly commission.
The upfront commission is the most common, and the amount varies from lender to lender, between 0.3-0.7% of the loan value. So, for example, if you ended up taking out a $500,000 home loan, and your broker was working on a 0.5% commission, they would make $2,500 straight up.
The recurring commission is based on the remaining loan amount for each year of your home loan and paid to your broker on a monthly basis. This type of commission is less common and pays a smaller percentage, often less than 0.3%.
How much of the sale price do I get?
Selling a home comes with a handful of costs. Expect to give up at least 10% of your home's sale price. These costs include:
1.Inspections and repairs.
2.Staging the house (and keeping the utilities running during open houses).
4.Costs to pay off your mortgage.
5.Real estate agent in South Chicago Heights commissions.
Of all these costs, the real estate commissions are the highest. They can eat up around 6% of the sale price.
Is a real estate agent in South Chicago Heights a stressful job?
The job of a real estate agent in South Chicago Heights is considered one of the most stressful jobs you can have, according to CareerCast's 2010 Jobs Rated report, which analyzed the stress level of 200 professions.
Is paying 6% to sell a home required?
Traditionally, sellers will pay 6% to their real estate agent. The agent in South Chicago Heights will split the difference between themselves and the buyer's agent. This number has been the standard commission rate since the mid-20th century. But sellers don't have to pay this 6% commission; they have other options.
Discount agents may take as little as 3% to sell a home. Flat fee services can connect sellers with real estate agents who will take over the process - all for a flat fee that saves sellers thousands of dollars. Sellers can also take on the job of being a real estate agent, listing their homes online or through multiple listing services (MLS.)