***Chicago Area Real Estate Investment Services***
Investment Buyer Rebates
We rebate a portion of our seller paid commission to you. Because real estate
commissions in Chicago are so high on more expensive properties we use a sliding
scale to determine our target commission - which is a lot less than the
traditional real estate companies make. Everything above that amount we rebate
to you. Our rebates vary from 20% to 50% of the cooperating commission, depending upon the price of
the property.* For example, on a $500,000 property with a 3% cooperating commission and
no deductions or bonuses we would rebate you 25% of our commission - or $3,750.
But wait, there's more! Occasionally, the seller and/or listing broker will
offer the buyer's agent a bonus or other incentive in addition to the
cooperating brokerage commission. We question the practice of buyer's agents
keeping this bonus for themselves and not disclosing it to buyers. Therefore, we
include any bonuses in our rebate calculation - which is a lot more than some of
the other real estate brokers that offer rebates.
Full Service
Just because we provide our investors with a great
deal doesn't mean they have to settle for less. Our realtors have
considerable experience working with small and large investors so we
provide a complete suite of buying and selling services throughout
Chicago and the
surrounding suburbs. We know you have access
to a lot of data through the Internet so we are determined to
demonstrate to you that we provide a lot more value than the "other
agents". Our first priority is to ensure that your time will be
used as effectively as possible so we help you:
- Evaluate your investment objectives (cash flow, cap rate, cash on cash return, ROE, etc...)
- Evaluate returns and appreciation potential of various Chicago neighborhoods
- Assess building condition
- Assess rent potential
- Comp returns and not just buildings like many agents do
- Perform in-depth financial analysis if you want
- Sift through large volumes of data if you like that
If you are ready to explore our Real Estate Investment Services you can:
*Commission
rebates are paid to investors who have signed an exclusive buyer's
agreement with Lucid Realty and close on real estate purchased above
$200,000 with Lucid Realty under that agreement. The rebate is at
least 10% of the cooperating broker commission plus incentives actually
received by Lucid Realty at the close of the transaction for
representing
the investor, net of any allowances or other deductions related to the
transaction. Rebates on more expensive properties can be as high as 50% of
the cooperating commission. Certain cooperating commission minimums may
apply. Rebates on short sales will be lower as a
result of additional effort required and are also subject to approval
by seller's lender. Speak to your Lucid Realty broker for details on
how much you can expect to save.