RealtorUS.
First Midwest Realty

First Midwest Realty Services

Real Estate Brokerage · Lemont, Illinois

5:55 AM in Lemont Directions

Here is what working with First Midwest Realty in Lemont typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buying a home

First buyer meeting

A conversation about price range, neighborhoods around Lemont and the buyer agreement you sign before tours.

Home tours and listing alerts

Setting up searches for Lemont area listings and arranging showings as soon as homes go live.

Writing and negotiating offers

Pricing an offer from recent nearby sales and negotiating repairs, credits and timelines.

Contract-to-close management

Tracking deadlines for inspection, appraisal and financing until the keys change hands.

Selling a home

Pricing analysis (CMA)

A comparative market analysis based on recent sales near your Lemont home.

Getting the home market-ready

Staging suggestions, small fixes and scheduling professional photos.

Listing exposure

Putting the home in front of local agents and online shoppers through the MLS and listing sites.

Offer review and negotiation

Comparing offers on price, terms and financing strength, then negotiating to a signed contract.

How a typical transaction works

  1. ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
  2. PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
  3. Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
  4. NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
  5. CloseFinal walk-through and signing with the title or escrow company under Illinois rules.

Typical costs on a Lemont home

Illustrative figures for a home at the local typical value of $591,883. Real numbers depend on your agreement, lender and title company.

ItemRateOn $592K
Listing-side commission (negotiable)2.5–3%$14,797–$17,756
Buyer-side compensation (negotiable)2–3%$11,838–$17,756
Buyer closing costs (lender, title, escrow)2–5%$11,838–$29,594
Home inspectionflat$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Seller net proceeds

Starts from the typical Lemont home value. Every percentage is negotiable; enter your own.

Commission—
Closing costs—
Estimated net—

Questions about these services

How are real estate agents paid in Illinois?
Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.
Does First Midwest Realty work with both buyers and sellers?
Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how First Midwest Realty handles dual agency or designated agency under Illinois law.
What should I prepare before the first meeting?
Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.