Compass

Client Guides

From Start to Sold

Learn about the buying process from Pre-Approval to Closing and know about the selling process from Position to Closing!

Seller Transactions Timeline

Backed by a proven process, Compass listings spend 19 or fewer days on market than the industry average. A swifter sale means a more seamless seller experience and greater value for you.

1
Position
2
Pre-Market
3
Prepare
4
Launch
5
Inspection
6
Show
7
Update
8
Negotiate
9
Escrow
10
Close

Position

1-2 Days

• Evaluate comparable homes

• Analyze market trends

• Competitively price

• Discuss closing costs

Staged living room with a white sofa, tall windows, indoor plants, and a marble coffee table.

Pre-Market

1-2 Days

• Launch as a Coming Soon Listing

• Monitor traffic

• Evaluate pricing

• Gather qualitative feedback

Modern home with expansive black-framed windows, stone and wood finishes, and autumn trees.

Prepare

1-2 Days

• Marketing strategy

• Listing preparations(staging, floorplan, photography)

• Inspections

• Surveys

• Client questionnaires

Open-plan living room and kitchen with a marble island, sectional sofa, and large black-framed windows.

Launch

1-2 Days

• MLS and syndication

• Networking

• Signage

Modern living room with a white sectional sofa and tall black-framed windows.

Inspection

1-2 Days

• Print and digital advertising

• Print collateral

• Targeted mailers and emails campaigns

Red-brick home with an arched entrance, tall chimneys, and flowering spring garden.

Show

1-2 Days

• Broker events

• Open houses

• Lead follow-up

Bright living room with a cream sectional, tufted ottoman, and tall windows overlooking greenery.

Update

1-2 Days

• Client progress reports

• Listings statistics

• Price assessment

Chicago skyline beyond an autumn park and lake, with downtown towers reflected in the water.

Negotiate

1-2 Days

• Acceptance

• Contingency removal

Staged living room with a fireplace, large windows, and neutral sofas.

Escrow

1-2 Days

• Inspections

• Title

• Disclosures

• Sales report

Ornate park fountain surrounded by flower beds and mature trees.

Close

1-2 Days

• Sales report

Tree-lined sidewalk beside residential buildings, iron fences, and parked cars.

Buyer Transactions Roadmap

1
Get Preapproved
Determine how much you want to spend, by talking to a trusted mortgage lender.
2
Set up A Search Online
We will customize a search for you, pulling the most up-to-date information available on the internet from the Multiple Listing Service (MLS), the central database for all real estate information.
3
Private Showings
Once you find interested properties, we will schedule a day and time to go for a private tour.
4
Submit an Offer
Once you find a property you love, we will write up an offer. We will pull comparable properties to determine an offer price. This can be done over the phone, in person or by email with DocuSign.
5
Inspection
Offers are typically contingent on a home inspection of the property by a licensed professional to check for signs of structural damage or things that may need fixing.
6
Attorney Review
Attorneys for each party review the contract and make suggestions for changes to protect their clients.
7
Appraisal
Lender will arrange for an appraiser to provide an independent opinion of the value of the property.
8
Underwriting & Paperwork
Lender works with a title company to handle all of the paperwork and make sure that the seller is the rightful owner of the house you are buying.
9
Secure Property Insurance
Homeowners or condo insurance is necessary and it compensates you for losses to your home and your possessions inside it.
10
Clear to Close
Lender has cleared all the conditions and is now ready to go to closing.
11
Final Walkthrough
Typically, the day before or morning of closing, we do a final walkthrough that lasts 15 minutes to make sure everything is in the condition you first saw it in and previously requested repairs were made.
12
Closing
We will be at the closing along with your attorney to walk you through each and every document and answer any questions you may have. Ownership will be transferred to you and you’ll get the keys to your new home!

Metra Maps

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Get in Touch Today

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Work With Us

Allie has built a reputation among clients for her creativity, attention to detail, and the ability to increase the marketability and aesthetic value of spaces while Julie has a passion to connect individuals with their dream homes, and helping clients have a positive selling experience. Together, they can help you find your dream home. Contact them today!
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Contact Details

Allie Payne Group

Phone

(312) 752-0055

Email

[email protected]

Address

814 Dempster Evanston IL 60202

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