SELLING IN ILLINOIS
Complete compliance guide for selling your home in Illinois. Meydomo handles all state-specific requirements, MLS compliance, and legal disclosures.
Last updated November 10, 2025
Agent always available. $199 today, $999 at closing—no 6% surprises.
Licensed Qualifying Broker Supervision
Every Meydomo transaction in Illinois operates under the supervision of a licensed Qualifying Broker who ensures full regulatory compliance:
- • Daily: Review all new listings, price changes, and advertising
- • Weekly: Audit 10% of active files for compliance
- • Monthly: Reconcile trust accounts and verify licenses
- • 24/7 Escalation: Call (448) 408-1873 and press 9 for direct Broker access
- • Coverage: E&O insurance on every transaction
AI handles the volume. Broker ensures compliance. You get both for $199 + $999.
Illinois Real Estate Overview
Illinois commonly uses attorneys for closings, though not legally required. The state has comprehensive disclosure requirements and regional MLS systems.
Federal Compliance Checklist
Lead-Based Paint Hazard Disclosure
Federal law (Residential Lead-Based Paint Hazard Reduction Act of 1992) requires sellers of homes built before 1978 to disclose any known lead-based paint or lead hazards and provide buyers with the EPA’s lead hazard information pamphlet. Buyers must also be given a 10-day opportunity to conduct a lead paint inspection or waive that right.
Fair Housing Act (No Discriminatory Advertising)
Under the federal Fair Housing Act, sellers (and their agents) must not publish any advertisement for the listing that expresses a discriminatory preference based on protected classes (e.g. race, color, religion, sex, disability, familial status, or national origin). For example, statements such as 'no children' or other exclusions in home listings are unlawful.
State-Level Rules Sellers Must Follow
Residential Real Property Disclosure Act
Illinois law (765 ILCS 77/1 et seq.) requires sellers of residential real property (1–4 dwellings) to provide a completed Residential Real Property Disclosure Report to the buyer **before** the signing of a written sale contract. In this report, the seller responds to a series of yes/no questions about the property’s condition (e.g., roof leaks, basement water, electrical/plumbing issues, pest infestations). The seller must disclose known material defects. If the seller knowingly fails to disclose a known defect, the buyer may sue within one year of possession. Illinois law also separately requires a **Radon Disclosure**: sellers must provide buyers with the Illinois Emergency Management Agency pamphlet on radon and disclose any known radon test results. Likewise, for homes built before 1978, Illinois’s Lead Poisoning Prevention Act compels providing the EPA lead hazard pamphlet (in addition to the federal requirement).
County & City Considerations
Municipal Inspection and Disclosure Ordinances
In Illinois, many municipalities (especially in the Chicago metropolitan area) have local requirements at time of sale. For example, some cities require a pre-sale home inspection by the city and issuance of a “certificate of occupancy” or compliance. **Examples:** In suburban Chicago, cities like Evanston, Berwyn, and Oak Park require sellers to obtain a municipal inspection and address any major code issues before transfer. The City of Chicago requires a paid **water certification** (all water bills paid) and a **city transfer tax declaration**, but no city inspection for single-family sales. Illinois sellers or their attorneys often must obtain transfer stamps from the local government, which may involve an inspection or at least payment of fees. Sellers should check local ordinances: failure to get a required city inspection or transfer stamp can delay closing.
Seller Disclosure Requirements
What sellers must disclose in Illinois:
- Residential Real Property Disclosure Act governs disclosures
- Property condition disclosure form required
- Known defects and environmental hazards disclosure
- Lead-based paint disclosure for pre-1978 homes
- Property tax history disclosure recommended
MLS Rules & Listing Logistics
MLS Listing Rules
Illinois is served by several MLSs (Midwest Real Estate Data/MRED covers Chicagoland). MLS rules require a valid listing agreement with the seller. MRED (and others) enforce the NAR Clear Cooperation policy: if a listing is publicly marketed, it must be submitted to the MLS within 1 business day. Most MLSs in Illinois require at least one photo on each listing and accurate entry of key fields (address, list price, room counts, etc.). Remarks must not include prohibited content (no mention of protected classes or personal info). Some Illinois MLSs also have specific rules, such as requiring disclosure in the MLS remarks if the seller’s agent is related to the seller, etc.
How Much Equity You Keep on a $285,000 Sale
Every seller sees the math before launch. We assume a $8,550 buyer-agent incentive (3%) across all options so you can compare apples-to-apples with “flat fee” services that tack on a percentage at closing.
| Option | Upfront Fees | Due at Closing | Total Listing Cost | Buyer Agent (3%) | Total Listing & Selling Costs | Savings vs 6% |
|---|---|---|---|---|---|---|
| Meydomo Flat-Fee MLS1 | $199 | $999 | $1,198 | $8,550 | $9,748 | $7,352 |
| Housecoin “Flat Fee”2 | $0 | $2,850 | $2,850 | $8,550 | $11,400 | $5,700 |
| Houzeo Silver Plan3 | $249 | $1,425 | $1,674 | $8,550 | $10,224 | $6,876 |
| Traditional 6% Agent4 | $0 | $8,550 | $8,550 | $8,550 | $17,100 | — |
* Buyer-agent line assumes a 3% incentive across every scenario. Sellers can set Meydomo buyer-agent payouts anywhere from 2% to 3%.
1 Meydomo pricing: $199 to launch, $999 at close. Buyer-agent incentives remain optional.
2 Housecoin advertises no upfront cost but charges 1% of sale price at close (marketed as “flat fee”).
3 Houzeo Silver plan: $249 list fee plus 0.5% at close, subject to $999 minimum (houzeo.com/pricing).
4 Traditional listing assumed 3% listing-side commission and 3% buyer-agent commission (typical 6% split).
Illinois Seller FAQ
How does Meydomo's $999 service work for sellers in Illinois?
We handle MLS entry, buyer-agent coordination, disclosures, and closing support under the supervision of a licensed Qualifying Broker. You pay $199 today and $999 when the deal closes—no percentage commission. Every transaction includes daily Broker review, weekly file audits, and professional oversight.
Who supervises the AI agents in Illinois?
Our licensed Qualifying Broker maintains non-delegable supervisory responsibility for all transactions. The Broker performs daily reviews of new listings and price changes, weekly audits of active files (minimum 10%), monthly trust account reconciliation, and immediate intervention for complex situations. This ensures full compliance with state real estate laws.
Can I still offer buyer-agent commission in Illinois?
Yes. You decide what to offer buyer agents (often 2–3%). Meydomo publishes it in the MLS and we show how it affects your net in the cost table and calculator. Our Broker reviews all commission structures for compliance.
What happens when an agent calls from Illinois?
Our AI agents answer inbound calls instantly with licensed Qualifying Broker oversight, qualify buyers, and route serious inquiries to you or your transaction coordinator so you never miss momentum. The Broker monitors all interactions for compliance and intervenes when professional judgment is needed.
Can I get compliance help with Illinois disclosures?
Yes. We walk you through every required form, double-check timelines, and keep a shared checklist so nothing slips through state or MLS rules. Our Qualifying Broker reviews all disclosures before publication to ensure legal compliance.
How can I reach the Qualifying Broker directly?
Direct Broker escalation is available 24/7. Call (448) 408-1873 and press 9 for priority routing, or email broker-escalation@meydomo.com. Response time is within 4 hours for urgent matters, 24 hours for general concerns. The Broker handles complex negotiations, regulatory issues, and any situation requiring professional real estate judgment.
Tools to Plan Your Illinois Sale
Commission Savings Calculator
See the exact dollars you keep in Illinois: $11,000-$24,000 savings vs traditional $12,000-$25,000 commissions.
Launch tool →Offer Comparison Grid
Line up every Illinois offer and see which terms actually deliver the highest net.
Launch tool →Closing Timeline Planner
Map every disclosure, inspection, and funding deadline required in Illinois.
Launch tool →Commission Savings in Illinois
Compare a traditional 6% listing with Meydomo's $199 upfront + $999 at closing. Adjust the buyer-agent incentive to match your plan.
Enter a sale price and commission assumptions to see the dollar impact of Meydomo's flat fee.
Closing Timeline Generator
Timeline automation ships in Phase 2. Beta testers get first access when we roll out inspection, financing, and escrow countdowns.
Explore the toolMarket Insights & Trends (2024-2025)
Current Market Data
- • Median home price: ~$285,000 statewide (early 2025)
- • Year-over-year growth: +2.3%
- • Chicago market stable, collar counties showing growth
- • Outmigration affecting some markets
- • Property tax burden remains high concern
Cities We Serve in Illinois
Meydomo provides comprehensive MLS coverage and compliance expertise across all major population centers in Illinois.
Rank #1
Chicago
Estimated population: 2,714,017
Rank #2
Aurora
Estimated population: 200,907
Rank #3
Rockford
Estimated population: 149,597
Rank #4
Joliet
Estimated population: 147,515
Rank #5
Naperville
Estimated population: 145,789
Rank #6
Springfield
Estimated population: 116,745
Don't see your city listed?
We serve every community in Illinois.
Call (448) 408-1873 and we’ll assemble the right local team.
Our Illinois Broker Network
Our Illinois brokers understand the complex local tax and regulatory environment across diverse markets.
Ready to sell in Illinois?
Now that you know the requirements, start your $999 flat-fee listing and keep more of your equity.
Start for $199 (pay $999 at closing)