Listing your home in Chicago is a major milestone, but what comes next? Here's a straightforward guide so you can stay informed, prepared, and confident throughout the process.
1. Showings Start Rolling In
Once your property is live on the MLS, your agent will begin scheduling showings and possibly host open houses. This is your home’s time to shine. Make sure it stays tidy, smells fresh, and feels inviting. Want to see how yours compares? Check out some featured listings currently making waves in Chicago.
2. Offers, Counteroffers, and Negotiations
After a few (or many) showings, you may begin receiving offers. These could come with contingencies or need some back-and-forth. Your real estate pro will help you navigate negotiations to get the best deal possible. If you’re aiming to sell fast or prefer convenience, you might even consider getting a cash offer.
3. Inspection, Appraisal & Contract Details
Once under contract, things can feel busy. A home inspection will be scheduled, followed by the buyer’s appraisal. Keep your communication lines open. Your agent and the buyer’s team will handle the back-end coordination to keep things moving smoothly.
4. Closing Day
Closing is when all the paperwork is signed and the keys change hands. You’ll also pay out your share of closing costs (think title insurance, transfer taxes, attorney fees). Pro tip: Knowing what your home is worth beforehand helps you plan ahead financially.
5. After Closing
Congrats! You’re officially off the market. Whether you’re relocating, upgrading, or downsizing, this is a great time to refer a friend and help someone else succeed with their own sale or purchase.
Helpful Resources
For legal guidance, the Illinois Department of Financial and Professional Regulation has seller info. For tax-related questions, the Cook County Treasurer’s Office is a great resource.
👉 Ready to Sell Your Chicago Home? Get a Free Market Analysis!
Selling your home can be a smooth process with the right strategy. We provide a free home value report and connect sellers with qualified buyers.
📍 Request your free market analysis at HeartOfChicagoHomes.com or call/text (312) 361-8288.
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