{"id":5335,"date":"2021-09-21T21:19:21","date_gmt":"2021-09-22T02:19:21","guid":{"rendered":"https:\/\/theralphieandryanshow.com\/?p=5335"},"modified":"2022-01-16T15:10:46","modified_gmt":"2022-01-16T21:10:46","slug":"how-are-realtors-paid-in-illinois","status":"publish","type":"post","link":"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/","title":{"rendered":"How Are Realtors Paid In Illinois?"},"content":{"rendered":"<div class=\"wp-block-genesis-blocks-gb-sharing gb-block-sharing gb-share-icon-only gb-share-shape-circular gb-share-size-medium gb-share-color-social gb-align-right\">\n\t\t\t<ul class=\"gb-share-list\"><li>\n\t\t\t<a\n\t\t\t\thref=\"javascript:void(0)\" onClick=\"javascript:genesisBlocksShare('http:\/\/twitter.com\/share?text=How%20Are%20Realtors%20Paid%20In%20Illinois?&#038;url=https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/', 'Share on Twitter', '600', '600')\"\n\t\t\t\tclass=\"gb-share-twitter\"\n\t\t\t\ttitle=\"Share on Twitter\">\n\t\t\t\t<svg class=\"svg-icon\" role=\"img\" focusable=\"false\" aria-labelledby=\"gb-link-twitter-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><title id=\"gb-link-twitter-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\">Share on Twitter<\/title><path fill=\"#fff\" d=\"M23.953 4.57a10 10 0 01-2.825.775 4.958 4.958 0 002.163-2.723c-.951.555-2.005.959-3.127 1.184a4.92 4.92 0 00-8.384 4.482C7.69 8.095 4.067 6.13 1.64 3.162a4.822 4.822 0 00-.666 2.475c0 1.71.87 3.213 2.188 4.096a4.904 4.904 0 01-2.228-.616v.06a4.923 4.923 0 003.946 4.827 4.996 4.996 0 01-2.212.085 4.936 4.936 0 004.604 3.417 9.867 9.867 0 01-6.102 2.105c-.39 0-.779-.023-1.17-.067a13.995 13.995 0 007.557 2.209c9.053 0 13.998-7.496 13.998-13.985 0-.21 0-.42-.015-.63A9.935 9.935 0 0024 4.59z\"><\/path><\/svg> <span class=\"gb-social-text\">Share on Twitter<\/span>\n\t\t\t<\/a>\n\t\t<\/li><li>\n\t\t\t\t<a\n\t\t\t\t\thref=\"javascript:void(0)\" onClick=\"javascript:genesisBlocksShare('https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/&#038;title=How%20Are%20Realtors%20Paid%20In%20Illinois?', 'Share on Facebook', '600', '600')\"\n\t\t\t\t\tclass=\"gb-share-facebook\"\n\t\t\t\t\ttitle=\"Share on Facebook\">\n\t\t\t\t\t<svg class=\"svg-icon\" role=\"img\" focusable=\"false\" aria-labelledby=\"gb-link-facebook-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 24 24\"><title id=\"gb-link-facebook-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\">Share on Facebook<\/title><path fill=\"#fff\" d=\"M24 12.073c0-6.627-5.373-12-12-12s-12 5.373-12 12c0 5.99 4.388 10.954 10.125 11.854v-8.385H7.078v-3.47h3.047V9.43c0-3.007 1.792-4.669 4.533-4.669 1.312 0 2.686.235 2.686.235v2.953H15.83c-1.491 0-1.956.925-1.956 1.874v2.25h3.328l-.532 3.47h-2.796v8.385C19.612 23.027 24 18.062 24 12.073z\"><\/path><\/svg> <span class=\"gb-social-text\">Share on Facebook<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/li><li>\n\t\t\t\t<a\n\t\t\t\t\thref=\"javascript:void(0)\" onClick=\"javascript:genesisBlocksShare('https:\/\/pinterest.com\/pin\/create\/button\/?&#038;url=https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/&#038;description=How%20Are%20Realtors%20Paid%20In%20Illinois?&#038;media=https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/IMG_8567-1.png?fit=1024%2C576&#038;ssl=1', 'Share on Pinterest', '600', '600')\"\n\t\t\t\t\tclass=\"gb-share-pinterest\"\n\t\t\t\t\ttitle=\"Share on Pinterest\">\n\t\t\t\t\t<svg class=\"svg-icon\" role=\"img\" focusable=\"false\" aria-labelledby=\"gb-link-pinterest-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\" viewBox=\"0 0 24 24\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><title id=\"gb-link-pinterest-8ac1e36a-1d0c-47f2-89bf-a1b1c1275c19\">Share on Pinterest<\/title><path fill=\"#fff\" d=\"M12.017 0C5.396 0 .029 5.367.029 11.987c0 5.079 3.158 9.417 7.618 11.162-.105-.949-.199-2.403.041-3.439.219-.937 1.406-5.957 1.406-5.957s-.359-.72-.359-1.781c0-1.663.967-2.911 2.168-2.911 1.024 0 1.518.769 1.518 1.688 0 1.029-.653 2.567-.992 3.992-.285 1.193.6 2.165 1.775 2.165 2.128 0 3.768-2.245 3.768-5.487 0-2.861-2.063-4.869-5.008-4.869-3.41 0-5.409 2.562-5.409 5.199 0 1.033.394 2.143.889 2.741.099.12.112.225.085.345-.09.375-.293 1.199-.334 1.363-.053.225-.172.271-.401.165-1.495-.69-2.433-2.878-2.433-4.646 0-3.776 2.748-7.252 7.92-7.252 4.158 0 7.392 2.967 7.392 6.923 0 4.135-2.607 7.462-6.233 7.462-1.214 0-2.354-.629-2.758-1.379l-.749 2.848c-.269 1.045-1.004 2.352-1.498 3.146 1.123.345 2.306.535 3.55.535 6.607 0 11.985-5.365 11.985-11.987C23.97 5.39 18.592.026 11.985.026L12.017 0z\"><\/path><\/svg> <span class=\"gb-social-text\">Share on Pinterest<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/li><\/ul>\n\t\t<\/div>\n\n\n<p>How are Realtors Paid In Illinois?  <meta charset=\"utf-8\">Real estate agents are paid on a commission basis, <strong>usually 5-6% of the property\u2019s sale price, <\/strong>often split between the buyer\u2019s agent and the listing broker.<\/p>\n\n\n\n<p>A real estate agent in Illinois, is paid, depending on the home sale price. Most people are motivated to get a real estate license by the impressive amount of money they can make in the real estate sector. But, in reality, a <strong>Chicago real estate agent<\/strong> makes money by earning a commission or a sale percentage when they help an individual sell or purchase a property.<\/p>\n\n\n\n<p><em><strong>Check out this guide below to understand how Illinois real estate agents are paid.<\/strong><\/em><\/p>\n\n\n\n<script charset=\"UTF-8\" type=\"text\/javascript\" id=\"idxwidgetsrc-46618\" src=\"\/\/for-sale.theralphieandryanshow.com\/idx\/customslideshowjs.php?widgetid=46618\"><\/script>\n\n\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6729e49a3154a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6729e49a3154a\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#How_does_a_realtor_get_paid_when_buying_a_house_in_Illinois\" title=\"How does a realtor get paid when buying a house in Illinois?\">How does a realtor get paid when buying a house in Illinois?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#How_do_realtors_get_paid_when_selling_a_house_in_Illinois\" title=\"How do realtors get paid when selling a house in Illinois?\">How do realtors get paid when selling a house in Illinois?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#When_does_a_realtor_get_paid_in_Illinois\" title=\"When does a realtor get paid in Illinois?\">When does a realtor get paid in Illinois?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#What_does_a_realtor_do_to_earn_their_pay\" title=\"What does a realtor do to earn their pay?\">What does a realtor do to earn their pay?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#How_to_Save_on_Realtor_Commissions\" title=\"How to Save on Realtor Commissions\">How to Save on Realtor Commissions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#How_Realtors_Get_Paid_in_Chicago\" title=\"How Realtors Get Paid in Chicago\">How Realtors Get Paid in Chicago<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/#Have_Questions_Ask_The_Velasco_Reynolds_Team\" title=\"Have Questions? Ask The Velasco Reynolds Team!\">Have Questions? Ask The Velasco Reynolds Team!<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_a_realtor_get_paid_when_buying_a_house_in_Illinois\"><\/span><strong>How does a realtor get paid when buying a house in Illinois?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Real estate agents are mostly paid on a commission basis, usually 5-6% of the property\u2019s sale price, often split between the buyer\u2019s agent and the listing broker.<\/p>\n\n\n\n<p><strong>Both the seller and the buyer often have <a href=\"https:\/\/theralphieandryanshow.com\/3-tips-to-find-the-right-realtor\/\" target=\"_blank\" rel=\"noopener\">agents <\/a>representing their interests and who need to be compensated.<\/strong><\/p>\n\n\n\n<p>Unfortunately, most individuals don\u2019t understand who between the <a href=\"https:\/\/theralphieandryanshow.com\/how-to-navigate-multiple-offers-as-a-chicago-buyer-seller\/\" target=\"_blank\" rel=\"noopener\">seller and buyer<\/a> is responsible for the agent fees. Do the buyer and seller collectively pay their realtors? How does a realtor get paid when selling a house in Chicago, Illinois?<\/p>\n\n\n\n<p><strong><em>Most property buyers are often surprised to discover that realtor fees come from the \u201clisting side\u201d of the sale.<\/em><\/strong><\/p>\n\n\n\n<p>When a realtor puts up a home for sale, the realtor fees are often sorted between the seller and their listing agents. Therefore, as a buying agent, when you close the deal, the seller\u2019s agent splits the listing fees with you. Buyers are then not responsible for the agent fee.<\/p>\n\n\n\n<p>However, agents generally are paid based on what they negotiate. A buyer\u2019s realtor can also negotiate and agree with the buyer on how they should be paid once they buy the house.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_do_realtors_get_paid_when_selling_a_house_in_Illinois\"><\/span><strong>How do realtors get paid when selling a house in Illinois?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At the end of an Illinois home sale, a seller pays several expenses referred to as closing costs. When selling a house in <a href=\"https:\/\/theralphieandryanshow.com\/how-many-chicago-suburbs-are-there\/\" target=\"_blank\" rel=\"noopener\">Chicago suburbs<\/a> or general Chicago, <strong>expect to pay between 2-3% of the property\u2019s sale price in closing costs.<\/strong> In addition to these costs are the  5-6% realtor commission fees that a seller pays. <\/p>\n\n\n\n<p>Therefore, when a realtor sells your house in Illinois, you will have to pay the agent the agreed realtor fees, which are often split with the buyer\u2019s agent, subject to agreement.<\/p>\n\n\n\n<p>Generally, the seller pays both the selling and buying agent their agent commission, 3% each, 6% in total, or whatever negotiated.<\/p>\n\n\n\n<div style=\"text-align:center\" class=\"wp-block-genesis-blocks-gb-button gb-block-button\"><a href=\"https:\/\/theralphieandryanshow.com\/10-simple-steps-to-buying-a-house-in-chicago\/\" class=\"gb-button gb-button-shape-rounded gb-button-size-medium\" style=\"color:#ffffff;background-color:#3373dc\" target=\"_blank\" rel=\"noopener\">10 Simple Steps to Buying a House in Chicago<\/a><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_does_a_realtor_get_paid_in_Illinois\"><\/span><strong>When does a realtor get paid in Illinois?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Legally, realtors should be paid only after the home sale deal has been closed. Commission payments are usually a line item on the closing statement. A brokerage firm releases the realtor fees once the sale records is complete.<\/p>\n\n\n\n<p>Sellers pay a sale price percentage as a commission split between the agents representing the seller\/listing agent and buying agent. Some realtors are generally not allowed to accept upfront payments or hourly rates. <strong>Illinois realtors typically get paid when the deal is done.<\/strong> Realtors are paid after the closing of the home. <\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_does_a_realtor_do_to_earn_their_pay\"><\/span><strong>What does a realtor do to earn their pay?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" data-src=\"https:\/\/i0.wp.com\/theralphieandryanshow.com\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352-1024x683.jpg?resize=555%2C370&#038;ssl=1\" alt=\"\" class=\"wp-image-5724 lazyload\" width=\"555\" height=\"370\" data-srcset=\"https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=600%2C400&amp;ssl=1 600w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?w=1920&amp;ssl=1 1920w\" data-sizes=\"(max-width: 555px) 100vw, 555px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 555px; --smush-placeholder-aspect-ratio: 555\/370;\" \/><noscript><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/theralphieandryanshow.com\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352-1024x683.jpg?resize=555%2C370&#038;ssl=1\" alt=\"\" class=\"wp-image-5724\" width=\"555\" height=\"370\" srcset=\"https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=1024%2C683&amp;ssl=1 1024w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=768%2C512&amp;ssl=1 768w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=1536%2C1024&amp;ssl=1 1536w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?resize=600%2C400&amp;ssl=1 600w, https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/shutterstock_1171758352.jpg?w=1920&amp;ssl=1 1920w\" sizes=\"(max-width: 555px) 100vw, 555px\" \/><\/noscript><\/figure>\n\n\n\n<p>Ever wondered what a real estate agent does to earn their pay? Unlike a lawyer who bills you by the hour, a realtor doesn\u2019t accept any payment form until the deal is closed. This often leaves buyers and sellers curious as to the nature of the realtor\u2019s jobs.<\/p>\n\n\n\n<p><strong>Below is a compiled list of things that realtors in Chicago do to earn their pay.<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Realtors shop property online. The average real estate agent spends roughly two to three hours daily researching potential properties. Property listings come and disappear in the real estate industry, meaning agents have to be constantly checking multiple listing service databases.<\/li><li>They go prospecting. The realtor represents the buyer\u2019s interests, which include checking out potential properties. Part of their job description is to visit several listings to source for the buyer\u2019s needs and specifications. <\/li><li>Realtors invest in marketing. Some agents spend their money to advertise a property on newspaper ads or premium placements on listing sites.<\/li><li>Agents write up offers and counteroffers. These are exemplary components of a real estate transaction since they can save or earn you thousands of dollars on a sale. Agreeing on the right price requires writing offers and counteroffers, a task often taken up by realtors.<\/li><li>Realtors assess home inspections. A professional agent should be present during inspection time. It helps the sale process go smoothly by ensuring a buyer gets what they want in its best quality.<\/li><\/ul>\n\n\n\n<p><strong><em>Generally, realtors are hired to ensure a home sale and purchase runs smoothly.<\/em><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Save_on_Realtor_Commissions\"><\/span><strong>How to Save on Realtor Commissions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you want to save significantly on realtor commission feels, below are several options to try out;<\/p>\n\n\n\n<p>1. Try negotiating realtor fees yourself.<\/p>\n\n\n\n<p>2. Sell with a discount real estate broker offering built-in savings<\/p>\n\n\n\n<p>3. Hire a flat-fee MLS company or a limited-service agent<\/p>\n\n\n\n<p><strong><em>Generally speaking, do not expect to knock out more than approximately 2-3% of the entire commission fee with no significant service-level tradeoff. Ultimately, your saving depends on how you go about reaching those savings.<\/em><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Realtors_Get_Paid_in_Chicago\"><\/span><strong>How Realtors Get Paid in Chicago<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you are selling your house in Illinois, whether in the <a href=\"https:\/\/theralphieandryanshow.com\/the-best-suburbs-of-chicago\/\" target=\"_blank\" rel=\"noopener\">Chicago suburbs<\/a> or the greater Chicagoland, you will need to pay a realtor to help you sell or buy a house. <strong>The standard realtor fees are usually around 5-6% of the house sale price.<\/strong> However, due to the increased competition among realtors in Illinois, most agents can accept anything lower than the standard price percentage.<\/p>\n\n\n\n<p><strong>Ensure you hire a professional realtor to help you get the best property deal to match your needs and budget. <\/strong>We are Illinois Realtors providing Chicago residents with top realtor services. Reach out to us if you need any representation on buying or selling real estate in the Chicagoland area. <\/p>\n\n\n\n<div style=\"text-align:center\" class=\"wp-block-genesis-blocks-gb-cta gb-block-cta\"><div class=\"gb-cta-content\"><h2 class=\"gb-cta-title gb-font-size-32\" style=\"color:#32373c\"><span class=\"ez-toc-section\" id=\"Have_Questions_Ask_The_Velasco_Reynolds_Team\"><\/span>Have Questions? Ask The Velasco Reynolds Team! <span class=\"ez-toc-section-end\"><\/span><\/h2><div class=\"gb-cta-text gb-font-size-32\" style=\"color:#32373c\"><p>Give us a call to learn more about local areas, discuss selling a house, or tour available homes for sale.<\/p><\/div><\/div><div class=\"gb-cta-button\"><a href=\"tel:+ 16305349357\" target=\"_self\" rel=\"noopener noreferrer\" class=\"gb-button gb-button-shape-rounded gb-button-size-medium\" style=\"color:#ffffff;background-color:#3373dc\">1-630-534-9357<\/a><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>How are Realtors Paid In Illinois? Real estate agents are paid on a commission basis, usually 5-6% of the property\u2019s sale price, often split between the buyer\u2019s agent and the listing broker. A real estate agent in Illinois, is paid, depending on the home sale price. Most people are motivated to get a real estate [&hellip;]<\/p>\n<p><a href=\"https:\/\/box5915.temp.domains\/~theralph\/how-are-realtors-paid-in-illinois\/\" class=\"more-link\" title=\"Read More\">Read More<\/a><\/p>","protected":false},"author":3,"featured_media":5749,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"rank_math_lock_modified_date":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_glsr_average":0,"_glsr_ranking":0,"_glsr_reviews":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[36,137,138,90],"tags":[85,80,124],"class_list":{"0":"post-5335","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-buying-a-home","8":"category-home-buyer-guides","9":"category-home-seller-guides","10":"category-selling-a-home","11":"tag-buying-a-home-for-the-first-time","12":"tag-first-time-home-buyer","13":"tag-illinois-realtor-fees","14":"entry"},"aioseo_notices":[],"jetpack_sharing_enabled":true,"featured_image_src":"https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/IMG_8567-1.png?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/IMG_8567-1.png?resize=600%2C600&ssl=1","author_info":{"display_name":"Rafael Velasco","author_link":"https:\/\/box5915.temp.domains\/~theralph\/author\/rafael-velasco\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/box5915.temp.domains\/~theralph\/wp-content\/uploads\/2021\/09\/IMG_8567-1.png?fit=1280%2C720&ssl=1","_links":{"self":[{"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/posts\/5335"}],"collection":[{"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/comments?post=5335"}],"version-history":[{"count":8,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/posts\/5335\/revisions"}],"predecessor-version":[{"id":9599,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/posts\/5335\/revisions\/9599"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/media\/5749"}],"wp:attachment":[{"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/media?parent=5335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/categories?post=5335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/box5915.temp.domains\/~theralph\/wp-json\/wp\/v2\/tags?post=5335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}