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Lucid Realty Services
In addition to providing our buyers with a complete suite of
home buyer services throughout Chicago and the surrounding suburbs, we
rebate a portion of our commission to you. 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 brokers that offer rebates.
Because real estate commissions in Chicago are so high on more
expensive homes 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 home.* For example, on a
$500,000 home with a 3% cooperating commission and no deductions or
bonuses we would rebate you 25% of our commission, which works out to
$3,750. If the seller of the house you purchase is also offering a
bonus then your rebate is even larger.
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". Think you don't need a
real estate agentto help you buy a home? Think again!
If you are ready to explore our Home Buyer Program you can:
Lucid Realty will provide you the same selling services as a
traditional broker but for a lot less money. Because the cost of
selling a home is not proportional to the price of a home we don't
charge a flat percentage like other brokers. Instead, we use a sliding
scale where the percentage decreases for more expensive homes. First,
we help you determine the appropriate cooperating commission to offer
buyer's agents. Then we determine the "sell side" commission based upon
the price of the home. The end result is that instead of charging 5%or
6% we can charge as little as 3 1/4% for more expensive
homes.
Most traditional real estate agents would like you to believe
that they provide some "unique", "comprehensive" marketing program for
homes. The fact of the matter is that any true professional trying to
justify a high commission is going to offer you the same basic package
consisting of some variation of the following:
- MLS Listing
- Professional photos
- Virtual tours
- Public open houses
- Broker open houses
- Print ads
- Distribution of your listing on over 100 Web sites
- Perhaps an "exclusive" relationship with Yahoo! Real Estate
- Your home's own Web site
It turns out that many of these home marketing programs are
bogus,designed to simply pacify you, justify a higher commission, or
help the agent/broker generate more business for themselves at your
expense. And despite all this bluster the #1 complaint of homeowners is
that their agent doesn't keep them in the loop with respect to what is
happening on the sale of their home.
At Lucid Realty we can match anything that a traditional
broker provides but we provide these services for a lower commission
and you don't need to sacrifice the personal touch of a traditional
broker. Most importantly, we promise to communicate with you as often
as necessary so that you always know the status of your home sale. If
you are ready to explore our Home Seller Program you can:
On the other hand, if you are thinking of
selling your home yourself you should first read our
article on considering the for sale by owner
option.
Relocating to a new city can be a daunting challenge but
working with a true real estate professional from Lucid Realty can
vastly simplify the process for you. We will allow you to conduct your
research in the Chicago area while still enjoying your life in your
current home. We are experts at working with clients "remotely",
leveraging the latest technology to extend your reach. Whether your
relocation is sponsored by your employer or you are handling it on your
own we make it easy for you and save you money in the process.
In addition to providing you with a complete suite of home
buyer services throughout Chicago and the surrounding suburbs, we
rebate a portion of our commission to you. 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 brokers that offer rebates.
Because real estate commissions in Chicago are so high on more
expensive homes 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 home.* For example, on a
$500,000 home with a 3% cooperating commission and no deductions or
bonuses we would rebate you 25% of our commission, which works out to
$3,750. If the seller of the house you purchase is also offering a
bonus then your rebate is even larger.
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".
If you are ready to explore our Relocation Services you can:
*Rebates are paid only to
buyers who have signed an exclusive buyer's agreement with Lucid Realty
and close on real estate purchased with Lucid Realty under that
agreement. For homes below $150,000 the rebate is $250. For homes at or
above $150,000 the rebate is at least 20% of the cooperating broker
commission plus incentives actually received by Lucid Realty at the
close of escrow/settlement for representing the buyer, net of any
allowances or other deductions related to the transaction. Rebates on
more expensive homes can be as high as 50% of the cooperating
commission. Speak to your Lucid Realty agent for details on how much
you can expect to save. The rebate will be paid or credited to the
party or parties named as the "buyer(s)" or"borrower(s)" on the HUD-1
Closing Statement.
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Low Commissions 
