NAPERVILLE ILLINOIS

 Jacqueline Beardsley What is required of brokers when they are compensated by more than one party in a transaction?  Written by Victoria Munson on November 7, 2025 Here is an example: The buyer, per their buyer representation agreement, has agreed to pay their brokerage X. During the contract negotiations between the buyer and the seller, the seller agrees to pay Y to the buyer's brokerage.  For purposes of our discussion, Y is memorialized in the purchase contract between the buyer and the seller.  Under this example, the buyer's brokerage will be compensated by two parties: The seller will pay Y and the buyer will pay the difference between X and Y. The question: Is the buyer's brokerage required to provide notice and/or obtain consent from the buyer or the seller about this compensation arrangement? The answer is found in the Rael Estate License Act . Section 10-10(d) of the Real Estate License Act states "If in any one transaction a sponsoring broker receives co...

 By Jacqueline Beardsley   Most Expensive Home  SOLD  in   DuPage County View Home In November 2025, the most expensive home that sold in DuPage County , was in  Hinsdale! Some information about this property- List Price          $2,995,000 Sold Price         $2,710,000 Financing          Cash Rooms               15 Bedrooms          5 + 1 in lower level  Baths                 6.2 ASF                   8723 Acreage             0.4572 Taxes                 $43,755.36 CITY INFORMATION FOR THIS AREA

  By Jacqueline Beardsley ARE FORECLOSURES ON THE RISE? All real estate is local, every town, city and state will have different market stats. In DuPage County certain areas are already starting to shift into what is a more ' normal market '. The market craze that we've been experiencing has led some to wonder if we're headed for another market crash. Today's market compared to that of 2008 is one free of risky subprime lending.  Buyers have to meet the credit score and stay within budget which is showing historically low default rates along with historically low foreclosure sales activity.  Additionally, we don't have massive overbuilding by home builders and consequently no over supply.  These factors imply today's home prices are on very solid ground, not the condition of 2008. From January 1, 2024 - November 18th 2024, Naperville 's closed sales for detached and attached homes combined totaled 1,704 units with an AMT (Average Market Time) of 28 days...

 By Jacqueline Beardsley   Most Expensive Home  SOLD  in   DuPage County View Home In October the most expensive home that sold in  DuPage County  was in  Hinsdale! City Info  for this area. Some information about this property- List Price          $4,2000,000 Sold Price         $4,200,000 Financing          Conventional Rooms               13 Bedrooms          5 + 1 in lower level  Baths                 5.1 ASF                   6434 Acreage             0.26 Taxes                 NEW

 Jacqueline Beardsley Did Buyer Breach Exclusive agreement?

      By Jacqueline Beardsley   Most Expensive Home  SOLD  in   DuPage County Click to view home In September the most expensive home that sold in  DuPage County  was in Wheaton! City Info  for this area. Some information about this property- List Price          $2,999,000 Sold Price         $3,000,000 Financing          Cash Rooms               12 Bedrooms          5  Baths                 4.1 ASF                   4952 Acreage             0.3806 Taxes                 $39,891

 Jacqueline Beardsley WHY DIDN'T MORTGAGE RATES FALL?