Chicago77@compass.com
Team Chicago 77 The city of Chicago is built up of 77 neighborhoods, each unique and different. Our team prides ourselves on working in many of those neighborhoods and knowing the ins and outs of each. We are dedicated to being your trusted advisors through every step of the process and our approach to real estate is with constant communication and nurturing relationships. Working side by side with Compass’ innovative technology and powerhouse staff, we promise a seamless transaction from start to finish.
Combined 20+ Years of Experience
200M Over 200 Million Closed Transactions
Chicago77@compass.com
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Sellers Timeline
Setting the Stage
Market Evaluation
Discuss your goals and the current market trends to best determine timing and pricing.
On the Market & Communication
Analyze comparable property sales in the current market.
Offer – Negotiation and Acceptance
Preparing to Launch
Prepare and stage your home for photos.
Attorney Review & Inspection
Broadcast the listing onto the MLS and launch a personalized marketing strategy.
Finalize documentation while we begin to market property on pre market sites.
Appraisal & Buyer’s Mortgage Contingency
After the offer is accepted, the buyer will have an inspection of the property while the attorneys are reviewing the documents.
Upon receiving an offer, we will work together to review and weigh the pros and cons.
Chicago77@compass.com
Closing
The Future
FINISH
START
Meet & Greet – Let’s Talk
A final walk through of the property will be done prior to the closing. At closing the keys will be delivered to the new buyer.
An appraisal will be done of the property and buyers will be finalizing all the paperwork to achieve their mortgage.
We will keep in touch and hope you will use us in the future for real estate needs.
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Steps to Selling Your Home Backed by a proven process, Compass listings spend 19 fewer days on market than the industry average. A swifter sale means a more seamless seller experience and greater value for you.
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Meet with our team to discuss your plans and goals, trends in the current marketplace, and assess your property’s qualities and characteristics. We will review if there are updates that need to be made to the home and the best way to prepare your property to be market ready.
From applying a fresh coat of paint to rearranging furniture, Team Chicago 77 will work with you to ensure that your property is visually ready for photos and showings. Using only the best and thoroughly vetted local vendors, we will schedule a professional photoshoot and prepare a detailed listing description to showcase your property in its best light. We are the only real estate company to offer Concierge, a no up-front cost service.
Let’s Talk
2 Market Evaluation We will analyze comparable property sales, assess the competition, work with you to determine pricing strategy, and outline a strategic plan to achieve the best possible result for you as a seller. Quality of finishes, type of construction, staging and timing all can affect a homes pricing.
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Setting the Stage
4 Preparing to Launch
At this time, our team will send you listing documents to electronically sign and complete. Behind the scenes, we will be developing a personalized marketing plan that makes sense for your particular property. To reach targeted potential buyers, we will leverage our in-house Compass marketing specialists to design and produce print and digital collateral that supports our strategy, beginning with showcasing your home via our private listing network, Compass Coming Soon.
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On the Market & Communication In addition to listing your home on the Multiple Listing Service (MLS), your home will be broadcast on Compass.com and sent across out 100+ partner sites for easy consumer searchability. Utilizing our proprietary software, we will actively seek out brokers to connect your home with buyers looking in your neighborhood and price range. As we market your home via social media, print, email and professional networking, our team will be monitoring the data to see the effectiveness of our strategies and making changes, if needed, along the way. We will provide you with regular feedback and keep you updated with property traffic metrics and local market information.
6 Offer &
Negotiation As soon as we receive any offer, the team will contact you to review the terms of the offer and analyze all the conditions. We will also review the most up to date comps. Together we will decide how to respond to the Buyer in one of several ways: by accepting the offer, rejecting the offer, or making a counter offer.
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Offer Accepted / Attorney Review & Inspection Once the offer is accepted in writing it will begin the start of the attorney review and inspection period. The buyer will have the right to a professional inspection of the home. If items do come up on the inspection their
8 Appraisal &
Buyer’s Mortgage Contingency If the buyer is obtaining a mortgage, our team will work with the third party appraiser (who is hired by the buyer’s lender) to allow them access to the property. Once the home appraisal is complete and approved, the buyer will be closer to receiving their full mortgage commitment (also known as the clear to close).
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The Future Consider Team Chicago 77 and Compass an ongoing resource for all things real estate in the future. Whether you’re ready to sell, buy, or just looking for answers, let our team advise you!
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Closing In anticipation of closing, we will arrange the final walk-thru for the buyers. The seller will need to keep their utilities on, up through and including the day of closing. Our team will insure a smooth close and provide keys for the home to the new owner.
attorney will connect with your attorney and it will be a renegotiation if items will be fixed or credited to keep the contract binding.
Chicago77@compass.com
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Key Terms Appraisal A home appraisal is an unbiased estimate of the true (or fair market) value of what a home is worth. All lenders order an appraisal during the mortgage loan process so that there is an objective way to assess the home’s market value and ensure that the amount of money requested by the borrower is appropriate. Attorney Review Period This time period is usually 5 to 7 business days from the date of the signed contract and coincides with the inspection period. The attorneys will review the contract to ensure all terms are in the best interest of their clients and the buyer will have a professional inspection of your property. Closing Costs Closing costs are an assortment of fees including agents commissions that the sellers will pay at the closing. These fees include but are not limited to attorneys fees, tax prorations title charges, city, state and county transfer tax stamps. In total, the estimated costs range from 8-10%. Dual Agency Dual agency occurs when an agent represents two principals (buyer and seller) in the same transaction. Dual agency requires equal loyalty and confidentiality to two separate principals at the same time.
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Earnest Money A percentage of the agreedupon purchase price paid by the buyer at the time of signing the purchase and sale agreement. Escrow Deposit Deposit of funds into a federally insured account, to be transferred upon completion of the deal. Home Warranty A private warranty policy from an outside company that covers your appliances and mechanicals in the event they break after closing. Similar to an insurance policy you will pay a deductible each time you make a claim. Inspection Period This time period is usually 5 to 7 business days from the date of the signed contract. This period allows the buyer to inspect the property with a professional home inspector. Offer Accepted The point in time when a seller accepts all the terms of a buyer’s offer for a property. Pre-Approval Potential buyers provide a complete financial picture to mortgage brokers, who provide preliminary approval of the buyer’s loan.
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Real Estate Team Our real estate team gives clients full access to our resources and expertise. We are a team of experienced agents working in the same style on your behalf. As the client, you get the benefit of our collective knowledge and wisdom. Team members collaborate on property readiness, marketing pitches and brainstorm offer strategies. We provide fluidity in covering for one another with the goal of no client ever feeling neglected. Title-Search / Charges / Insurance A background check on the property to ensure there are no outstanding debts or claims upon the property. Transfer Tax Stamps Each City, State and County has their own policy on transfer tax stamps. The buyer is changed a tax at the time of purchase in order to buy a home in that municipality. This is a large portion of your closing costs. In Contract Refers to the time between the signing of the purchase and sale agreement by the buyer and seller, and the closing.
Referrals AT TO R NE YS Molly Wretzky
Donald C. Battaglia, LTD
Everyday Law 4621 N Lawndale Ave Chicago, IL 60625 P: 312.715.7081 F: 312.377.1970 jmolly@everydaylaw.co
5543 W Diversey Ave Chicago, IL 60639 P: 773.292.0100 F: 312.575.3510 don@battaglialaw.com
Matt Gebhardt The Law Offices of Matthew R. Gebhardt 555 Skokie Blvd, Suite 500 Northbrook, IL 60062 P: 847.239.4703 C: 773.383.8745 (24 hr phone) F: 773.631.2450 mrglaw@sbcglobal.net
Referrals upon request for home improvement
Chicago77@compass.com
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Easily increase your property's market value with home improvement services. Exclusive to Compass, our Concierge program fronts the cost of services that can increase the value of your home. From staging, to painting, to cosmetic renovations, there will be no payment collected until your home sells. No upfront costs, no interest charged – ever.
Before
After
Services may include: deep-cleaning cosmetic renovations decluttering landscaping interior + exterior painting staging pest control custom closet work fencing
seller-side inspections + evaluations moving + storage rooďŹ ng repair water heating electrical work HVAC plumbing repair sewer lateral inspections + remediation
compass.com/concierge 10
Representing Your Home | Marketing Your Property Chicago77
Staging When prospective buyers evaluate a home, they seek a space that they can make their own. A few simple shifts can dramatically impact your listing's perceived appeal.
before
after
Representing Your Home | Marketing Your Property Chicago77@compass.com
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Photography Proponents of powerful imagery, Compass invests in visuals editors, creative producers, and the industry's most respected photographers to capture your home's ďŹ nest selling points.
Our photographers' work has appeared in such publications as:
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Representing Your Home | Marketing Your Property Chicago77
Pre-Marketing Your Home Pre-Marketing Your Home
Drive buyer interest and buzz with Compass Coming Soon, Drive buyer prospective interest and buzz with Coming which affords buyers a Compass glimpse of your Soon, home which affords prospective a glimpse of your home before it officially comes onbuyers the market. before it officially comes on the market.
Sell your Sell your home faster home faster
Get Get twice twice the the exposure exposure
feedback, GetGet feedback, fastfast
Listing property Listing youryour property firstfirst onon Compass Coming Soon can build Compass Coming Soon can build anticipation among potential anticipation among potential buyers, drive up its value, and buyers, drive up its value, and shorten the sales timeline. shorten the sales timeline.
Coming Soon Soon creates Coming createstwo two separate opportunities separate opportunities launch your onon toto launch yourproperty: property:First First Compass.com, and then later Compass.com, and then later when the listing goes live on the when the listing goes live on the MLS and aggregate sites. MLS and aggregate sites.
Testing the market with Coming Testing the market with Coming Soon helps your listing to perform Soon helps your listing to perform even better, once it opens to the to the even better, once it opens public. You’ll gain invaluable public. You’ll gain invaluable insights on pricing, photos, and insights on pricing, photos, and positioning.
positioning.
Compass is a licensed real estate broker. All material herein is for informational purposes only, was compiled from sources deemed reliable but is subject to errors and omissions. Compass makes no representation or guarantee that Coming Soons are available in your region, or that its use will result in the benefits described herein. This is not intended to solicit property already listed. Equal Housing Opportunity.
Representing Your Home | Marketing Your Property
Compass is a licensed real estate broker. All material herein is for informational purposes only, was compiled from sources deemed reliable but is subject to errors and omissions. Compass makes no representation or guarantee that Coming Soons are available in your region, or that its use will result in the benefits described herein. This is not intended to solicit property already listed. Equal Housing Opportunity.
Representing Your Home | Marketing Your Property Chicago77@compass.com
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About Chicago 77 The dynamic Chicago 77 team at Compass is the first name in local success. Comprised of Chicago natives and longtime residents who know the city’s 77 unique neighborhoods inside and out, the group also offers more than 30 years of combined industry experience. No matter their goal or budget, with the Chicago 77 team, every buyer, seller, renter, developer or investor is treated like a million-dollar customer. Above all, this powerhouse team strives to earn complete satisfaction and clients who become friends for life. Launched by veteran Broker Robin Allotta a decade ago, the Chicago 77 team embraces an approach that is positive, collaborative and supportive. For clients, that means the security of knowing they’ve got a large team working towards their success, making their needs a priority and ensuring nothing falls through the cracks. Chicago 77 team members are trusted advisors with a youthful, vibrant spirit. Their tech-driven, nimble style aligns completely with the current state of the industry, and their well- educated, entrepreneurial mindset is apparent to every client. “We believe in positive energy and working toward solutions,” explains Robin. “We have great synergy as a team, and our clients can see that we are genuinely excited about strategizing for their objectives.” With more than $200 million in recently closed transactions, the Chicago 77 name is synonymous with Chicago real estate success.
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Chicago77
Robin Allotta As a Chicago native with 20 years of real estate experience, Robin Allotta is equal parts savvy, successful broker and down-to-earth local. Clients praise her all-encompassing market knowledge and indispensable network. But it’s her boundless optimism and patience that have earned her a long list of repeat clients who often become close friends. Robin goes to great lengths to make sure buyers and sellers are well-informed and comfortable with every step of the process, and she excels at taming even the most complicated deals. More than just a career, real estate has been Robin’s passion since the moment she bought her first investment property at 19 years old. To make that daunting goal a reality, she worked two jobs throughout high school and college, and she has put that same drive and hustle to work for her
312.437.7777 robin.allotta@compass.com
clients throughout her career. Robin debuted in the business with Rookie of the Year honors, and she’s earned annual Top Producer awards every year since bolstered her multiple professional certifications. As the leader and founder of the Chicago 77 team at Compass, Robin is proud to serve buyers, sellers,renters and investors throughout the city’s 77 neighborhoods. The group’s notable success is demonstrated by their more than $200 million in recently closed transactions. Robin resides in North Center. In her free time, she enjoys yoga, paddle boarding and volunteering at her children’s school.
Chicago77@compass.com
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Katie Jean Colquhoun Katie Jean Colquhoun is an expert at addressing her clients specific needs and finding the real estate solution that perfectly fits them. Her interest in real estate began first with a love for architecture and design in the Chicagoland area, but truly developed into a passion withher own home buying and selling experiences. She was immediately able to see that the process could benefit from some very simple customer service and business techniques she’d picked up along theway, and knew that offering her clients truly personalized service would streamline their home buying and selling to make it an enjoyable experience for all involved. When not in the office, Katie Jean is a devoted mother of two
773.314.3293 katiejean.colquhoun@compass.com
young boys, enjoys renovating her current home in the Portage Park neighborhood, and is an avid runner. You can often find her sprinting her way through the neighborhood with her Olde English Bulldog in tow. Buying your home should be an exciting, invigorating experience that happens only a few times in your life. Finding an agent who can address all your needs will make it the stress free and enjoyable experience it should be. There is no one more dedicated and invested in doing this for you than Katie Jean Colquhoun.
Brandy Martinez-Lemke Since 2007, Brandy has been guiding her clients to the closing table in all of their real estate endeavors. From renting and purchasing to the ultimate acquisition of investment properties, Brandy has utilized her amassed breadth of knowledge to keep her clients coming back as their needs expand. With her infectious outgoing personality, Brandy goes beyond typical methods, thinking outside the box to ensure that your needs are met to the highest standard time and time again. Now with Compass & Team Chicago 77 on her side, Brandy is positioned to become an even more powerful force in the real estate Industry.
312.582.0529 brandy.martinezlemke@compass.com
You can keep up with Brandy by following @brandymartinezlemke on Instagram, Facebook, Linked In & Snapchat.
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Chicago77
Jaclyn Merlo A native of the Northwest Suburbs, Jackie Merlo is a Licensed Real Estate Broker working with Team Chicago77 at Compass. Her enthusiastic nature, patience, and deep-rooted knowledge of the Chicagoland area allow her to succeed in navigating clients through the intricate stages of buying and selling their homes. Prior to her career in Real Estate, Jackie received her Master’s Degree in Community Development from Loyola University Chicago, a program in which she avidly learned—and discovered her passion—for the ins and outs of Chicago’s diverse neighborhoods. Upon completion of the program, Jackie worked for various local nonprofits in the region.
847.912.2629 jackie.merlo@compass.com
Jackie currently lives with her husband, and their dog and cat in Roscoe Village. In their free time, they enjoy Chicago summers boating on Lake Michigan, cooking, and traveling.
Chris Blough Chris has been in sales for thirteen years and takes pride in every single transaction he helps facilitate. Born in northern Illinois, Chris has spent much of his life living in Chicago and the surrounding suburbs. Chris studied marketing at Columbia in Chicago, IL. He is also a photographer and has done work for Netflix, McDonalds, and Pepsi. Chris’ work has been featured in art galleries in Santa Monica, CA. Chris also has a love for fine wine and is a certified Sommelier. Chris is married with a young daughter and they spend much of their time as a family doing activities in Chicago and along the lake.
312.882.7747 chris.blough@compass.com
Edgar Delgado Edgar is a native Chicagoan who grew up in various neighborhoods throughout the north side of Chicago. He is a Licensed Real Estate Broker on Team Chicago77 at Compass. Edgar is the United States Air Force Veteran who was deployed numerous times in support of Enduring Freedom and Iraqi Freedom. His business approach is based on the core values he learned in the Air Force, which are integrity first, service before self, and excellence in all you do. Edgar graduated from The Kellogg School of Management at Northwestern University in 2015. He is currently serving as the President for the Kellogg Alumni Club of Chicago.
773.606.6684 edgar.delgado@compass.com
Languages: English, Spanish
Chicago77@compass.com
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Testimonials Team Chicago 77 is the best! They sold my home in 4 days and got me the best deal on our new home. I have referred them to everyone I know. This team is truly top notch! I’ll be a client for life. Emily M. / Wicker Park
Working with Robin & Team Chicago 77 has always been a great experience! I have purchased 3 properties with her - each one to support a new “life stage”. She has a great eye for detail; and she really made the effort to understand my changing needs, priorities, and preferences. She had great knowledge of the areas I was looking in and an ability to think “outside the box” to help me reach my end goals. She’s honest, aggressive (when appropriate), and resourceful. Mike F. / Norwood Park
I have recently worked with Katie Jean Colquhoun in buying a home for my family. I was dealing with an illness in the family and time was of the essence. Katie Jean was able to help me later that very week, listened to what I was looking for, made some neighborhood suggestions (which were perfect!), and took me to see some houses. She was so patient, helpful and knowledgeable. We found the perfect home- fast! The deal went through really easily due to her hard work and negotiating skills. I highly recommend working with her! She is the best! Anne E. / Portage Park
Brandy is an exceptional realtor who works tirelessly on behalf of clients to ensure their satisfaction. Patient, personable, professional — Brandy comes highly recommended. Don B. / West Loop
We recently worked with Katie Jean to find our forever home. We loved how supportive and responsive she was on what was such a monumental decision for us. We never felt this was just “another transaction” for her because she really listened and cared about what we needed. Being a working mom herself, Katie Jean was really in tune with what’s important for a family with small children when searching for a home. She even helped us to think outside of the box and to consider things/locations that were not on our radar before...and as a result, we found the perfect place! We love our new house and are so happy working with Katie Jean and Team Chicago 77. Dallas and Elizabeth T. / Jefferson Park
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Chicago77
Jackie Merlo was a steadying and pleasant broker during our first home-buying process. Jackie set the tone that our ambitious goal was feasible and clearly laid out the steps and timeframe, and we eventually closed on our first home with our wedding just months away. We were so lucky to work with her and Team 77! Patrick E. / Lincoln Square
Chicago 77 are Real Estate brokers affiliated with Compass. Compass is a licensed Real Estate broker and abides by federal, state and local Equal Housing Opportunity laws.