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Buying Bank Owned Property (REO) in Chicago? Hire an REO experienced buyer’s agent

  • The purchase of an REO property is a more complex transaction which not all Realtors are equipped to handle. Thus an REO experienced agent knows the pitfalls to avoid which in turn makes for a better experience for the buyer.
  • Buyer's agents have fiduciary responsibility to protect their client. This includes complete confidentiality, undivided loyalty, and full disclosure.
  • Buyer's agents do not represent the seller.
  • Buyer's agents in Illinois are paid by the seller (this means their services are free to the buyer).
  • Not all REO properties are good deals - an experienced agent can find the statistics you need to make your decision.

Thinking of buying an REO property in or around Chicago? Contact Matthew at 847.910.5449 or Matt@Gibsonandjames.com to experience the value of an REO agent. I look forward to speaking with you soon!

Posted Tuesday Nov 04