Real estate agents are licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property's purchase price, so their income depends on their ability to get a deal closed.

Buying a home is still considered a key aspect of the American dream. As a first-time buyer, you have access to state programs, tax breaks, and federally backed loans if you don't have the usual minimum down payment—ideally 20% of the purchase price for a conventional loan—or you're a member of a certain group (see the Important callout, below). And you may qualify as a first-time buyer even if you're not a novice.

Traditionally, an agent is paid a commission that is a percentage of the property’s sale price. The more the house sells for, the more money an agent makes. However, with online listings allowing consumers to do much of the shopping on their own without help from an agent, the traditional payment structure is changing.

Some brokerages charge a lower commission for more expensive houses, and some handle the entire transaction for a flat fee that’s much less than a regular commission. Other companies offer a fee-for-service pricing structure that lets sellers pay only for certain parts of the sale process, such as adding the property to a multiple listing service (MLS).

A realtor is a member of the National Association of REALTORS® (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR's code of ethics, which requires agents to uphold specific duties to clients and customers, to the public, and to other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.

All realtors are real estate agents or brokers (or something related), but not all agents or brokers are realtors, in other words. As of June 2020, the organization reported that it had 1.4 million members. Roughly 2/3's of members held real estate agent's licenses.

Custom Built Beautiful 2 Story Home Located in the Prestige subdivision of Willowbrook. Open floor concept offering formal dinning room and Large livi...

Enjoy this beautiful home in Bristol Woods subdivision at the end of the Margaret Ln cul-de-sac. Home is located just 2 blocks from the Kankakee River...

Ask about our NO MONEY down lending program! Welcome home to your gorgeous 2-story, 4 bedroom, 2.1 bathroom home with 2 car attached garage. This beau...

Real estate agents are licensed professionals who arrange real estate transactions, putting buyers and sellers together and acting as their representatives in negotiations. Real estate agents usually are compensated completely by a commission—a percentage of the property's purchase price, so their income depends on their ability to get a deal closed.

Handicap Accessible Ranch Home! Adorable and spacious 1300 plus SF 2 bedroom ranch with vaulted ceilings wheelchair accessible accommodations/upgrades...

Great three bedroom tri-level with a walk out basement. Beautiful wooded lot. Plenty of storage with a three car garage. Won't last long, don't miss i...

This Single-Family Home is located at 516 Hollyberry Ln, Bourbonnais, IL is currently for sale and has been listed on Trulia for 34 days. This propert...

Looking for a home in Bourbonnais, look no further. This home sits on a corner lot in a quiet culdesac in Briarcliff subdivision. Has 3 bedrooms and 2...

Move in ready Briarcliff home!!!! Hardwood floors, stainless steel appliances, Large master bedroom, with large size 2nd and 3rd bedrooms. Great tile ...

Striking and expansive, this solidly built custom all brick home wows with 6000+ S.F. of extended family living space! The master foyer draws you into...

Buying a home is still considered a key aspect of the American dream. As a first-time buyer, you have access to state programs, tax breaks, and federally backed loans if you don't have the usual minimum down payment—ideally 20% of the purchase price for a conventional loan—or you're a member of a certain group (see the Important callout, below). And you may qualify as a first-time buyer even if you're not a novice.

Great Starter home,also a great home to down size to. Ranch style home on Corner lot, Open concept kitchen/living room/Dining room. 3 bedroom, 1 bath ...

Bright and airy home available in a sought-after Bristol Woods in Bourbonnais! From the welcoming covered front porch to the spacious living room with...

Located in Briarcliff Estates. Spacious raised ranch with HUGE finished basement. 4 bedrooms altogether, (3 on main level and one in basement). 2 full...

Traditionally, an agent is paid a commission that is a percentage of the property’s sale price. The more the house sells for, the more money an agent makes. However, with online listings allowing consumers to do much of the shopping on their own without help from an agent, the traditional payment structure is changing.

Some brokerages charge a lower commission for more expensive houses, and some handle the entire transaction for a flat fee that’s much less than a regular commission. Other companies offer a fee-for-service pricing structure that lets sellers pay only for certain parts of the sale process, such as adding the property to a multiple listing service (MLS).

Great big beautiful home in Bourbonnais! Freshly painted home welcomes you when you step up on the covered porch, and when you step into the beautiful...

WELCOME TO YOUR NEW HOME! Immaculately kept 3 bedroom, 2 bath ranch style home in Bourbonnais, only five years young. Bright and open floor plan featu...

This Beautiful home is located in Desirable Twin Ridge Subdivision! Built by Hemenover Construction for Parade of Homes! Open staircase in Foyer w/cer...

A realtor is a member of the National Association of REALTORS® (NAR), a trade association. Both agents and brokers can be realtors, along with property managers, appraisers, and other real estate industry professionals. Realtors are expected to be experts in their field and must follow the NAR's code of ethics, which requires agents to uphold specific duties to clients and customers, to the public, and to other realtors. In addition to NAR, realtors must belong to a state or local real estate association or board.

All realtors are real estate agents or brokers (or something related), but not all agents or brokers are realtors, in other words. As of June 2020, the organization reported that it had 1.4 million members. Roughly 2/3's of members held real estate agent's licenses.

Location, Location! Fantastic Opportunity to Own this Spacious Two Story Home in the Heart of Bourbonnais! 4 Bedrooms, 2 1/2 Baths, 2 Beautiful Office...

This is a great deal. Needs work! This two story home exhibits many pleasant features including a balcony overlooking a cozy fireplace, an attractive ...

You can have it all!!! A 4 bdrm, 2.5 bath ranch in Briarcliff, with a 3 car garage, on a cul-de-sac and full basement. Superior construction makes thi...

Room to roam in this newly renovated 3BR/2.5BA Briarcliff beauty. This 2 story home features large rooms throughout, including formal living room, for...

For sale by owner or FSBO is a term that refers to a specific method of selling a property. In an FSBO listing, the owner sells the property without the use of an agent or a broker. Sellers typically choose to sell their home on their own to avoid paying the real estate agent the commission for the transaction.