Decide to Sell

Evaluate Your Home

Start by thoroughly assessing your home’s condition. Consider necessary repairs or upgrades and fully disclose any existing issues to avoid surprises later. Engage our expert services for a professional home evaluation, ensuring accurate assessment and valuation, particularly important in competitive Chicago neighborhoods like Lincoln Park and Lake View.

Set an Asking Price

Reflect on various factors such as your home’s location in Chicago, its current condition, and prevailing market trends. Use Compass’ Comparative Market Analysis (CMA) tool to set a competitive price that attracts buyers quickly. This tool is invaluable in popular areas like Wicker Park, North Center, or Bucktown, helping you price your home intelligently.

Prepare Your Home

Start with decluttering, then move on to necessary repairs or even renovations to boost your home’s appeal and market value, especially in desirable locations like Roscoe Village and Logan Square. Utilize the Compass Concierge service, which covers upfront costs of home preparation, and create a robust marketing strategy that includes professional photography and virtual tours to captivate a broad audience.

List Your Home

Place your home on the market through Compass Coming Soon, Top Agent Network, MLS, and other effective platforms to maximize exposure. Use strategic networking and prominent signage around Chicago to capture the attention of potential buyers.

Market Your Home

Boost your listing’s visibility via a strategic mix of print and digital advertising, supplemented by targeted prospecting calls and custom email campaigns. Host Open Houses to draw in potential buyers and highlight your property’s best features.

Show Your Home

Facilitate viewings for potential buyers, ensuring that each showing is planned and executed seamlessly. You’ll receive advance notifications of showings and post-visit feedback, ensuring every step of the selling process runs smoothly.

Receive and Review Offers

Carefully review all received offers, with the option to accept, counter, or reject based on your objectives and market conditions. This stage is crucial for securing the most advantageous deal in the dynamic Chicago market.

Manage Escrow and Inspections

Oversee the entire inspection process, ensuring all documents are prepared and distributed timely. Manage necessary disclosures diligently and negotiate any needed repairs or adjustments following inspection findings to secure favorable sale terms.

Finalize the Appraisal

Coordinate the buyer’s appraisal as required by their lender. Be prepared for potential negotiations that may arise from the appraisal results, which could affect the final terms of the sale.

Final Walkthrough

Conduct a final walkthrough to ensure all agreed-upon repairs have been made and the home is in the expected condition. This final check is typically done the day before closing, paving the way for a smooth transition.

Close the Sale

Complete the transaction on closing day by signing all necessary documentation. The net proceeds from the sale will be wired to your bank account, officially marking the successful sale of your home. Celebrate the closing of your property in Chicago with your top realtor!