Real estate contracts illinois

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Real estate contracts illinois

Marilou R.
Gurnee, IL · Member since 2015 · 15 posts · 4 votes

Hello.

Can someone help me where to buy real estate contracts used by realtors in illinois so I can make offers?

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Mark AinleyBusiness Member
Property Manager · Roselle, IL (Chicago Suburb) · Member since 2013 · 2k+ posts · 1k+ votes
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@Marilou R.  You can use the contract and just leave the "Agent" "Office ID" blank.  I would advise that if you are sending offers into other agents on your own that you ask them to represent you and you may have some more motivated agents to present your deal.  Or simply send an offer and tell the agent that:

"I am comfortable with you representing me as a Dual Agent or I am happy to sign off on any other non agency disclosures you need me to sign off on in order to move forward with you presenting my offer"

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  • John Warren
    Real Estate Broker · 3412 S. Harlem Avenue Riverside, IL 60546 · Member since 2015 · 6k+ posts · 5k+ votes
    10y

    you don't have to buy them. Here is a link to one. http://chicagorealtor.com/wp-content/uploads/2014/...

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  • Marilou R.
    OP
    Gurnee, IL · Member since 2015 · 15 posts · 4 votes
    10y

    Thanks John.

    Appreciate it very much. 

    0Reply
  • Account Closed
    Real Estate Broker · Chicago - New Lenox, IL · Member since 2014 · 41 posts · 15 votes
    10y
    Might want to use the current Illinois 6.1 multi-board contract. If you google it you will find it. There have been changes over the past year to comply with new regulations and a there are a few enhancements. Email me if you need assistance.
    1Reply
  • Craig Wilcox
    Investor · TN · Member since 2014 · 508 posts · 167 votes
    10y
    Hi Marilou R. , some counties have specific contracts all real estate agents for that area. Winnebago County has its own. If you are making your own offers directly to sellers you can use anything you want but attorneys, mortgage brokers, and closing agents will be most comfortable if you use the standard contract for the area. What County are you targeting? Maybe a member can supply you with the local offer contract.
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  • Marilou R.
    OP
    Gurnee, IL · Member since 2015 · 15 posts · 4 votes
    10y

    @ed Matteson

    I saw the new contract Multi 6.1. My question - can I use it? Says any duplication is not allowed.. How can I have my own contract so I can make offers using a standard one recognized by realtors? A realtor/ friend says I have to buy it but they will ask for member ID and I am not a realtor and cannot be a member.

    @craig Wilcox

    I am thinking of targeting the Lake, Cook and Dupage.

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  • Mark AinleyBusiness Member
    Property Manager · Roselle, IL (Chicago Suburb) · Member since 2013 · 2k+ posts · 1k+ votes
    10y

    @Marilou R.  You can use the contract and just leave the "Agent" "Office ID" blank.  I would advise that if you are sending offers into other agents on your own that you ask them to represent you and you may have some more motivated agents to present your deal.  Or simply send an offer and tell the agent that:

    "I am comfortable with you representing me as a Dual Agent or I am happy to sign off on any other non agency disclosures you need me to sign off on in order to move forward with you presenting my offer"

    [email protected]630-781-6744Podcast Guest on Show #72
    GC Realty & Development LLC4.61085 Reviews
    WebsiteView Page
    1Reply
  • Bob Ewoldt
    Real Estate Agent · Wheaton, IL · Member since 2013 · 54 posts · 14 votes
    10y

    @Marilou R., I'm happy to write up offers for you, if you'd like.

    1Reply
  • Account Closed
    Real Estate Broker · Chicago - New Lenox, IL · Member since 2014 · 41 posts · 15 votes
    10y

    Yes, but as @Mark Ainley mentioned you might want to ping the listing broker for dual agency.  There are also contracts in the File Place on the site.  Email me if you'd like a simple one page contract I've used.  It's certainly not the most thorough document but it'll get the deal closed.  

    1Reply
  • James Syed
    Real Estate Broker · Mount Olive, IL · Member since 2013 · 1k+ posts · 310 votes
    10y

    @Marilou R.

    Welcome to BP. 

    You might want to pay a lawyer $350 or less to draw up one for you as most of associations contracts are written by attorneys for that specific areas. 

    In addition, it's a legal document that must be interpret properly. If you get a problem down on the road, it will cost you a lot more as they were designed for Realtor for that area. 

    Hope it helps.

    0Reply
  • David Boisvert
    Real Estate Agent · Lancaster, PA · Member since 2015 · 9 posts · 3 votes
    10y

    Hi Marilou,

    If you are bypassing agents and making offers on your own i would suggest you get a title agent or re attorney to furnish you with a standard Agreement of Sale,or approve one that you have. 

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  • Marilou R.
    OP
    Gurnee, IL · Member since 2015 · 15 posts · 4 votes
    10y

    Appreciate all the help and advise I got

    @Mark A. & @Ed M

    Thanks for the great advise. 

    @Bob E.

    Thanks.

    @James S. 

    Will consider this too.

    @David B.

    This too.

    2Reply
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