JimMaloof/REALTOR Services

Real Estate Brokerage · Peoria, Illinois

11:46 PM in Peoria Directions

Here is what working with JimMaloof/REALTOR in Peoria typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

For home buyers

Buyer consultation and agreement

Budget, timing, must-haves and the written buyer agreement required before touring.

Showings in Peoria

Scheduling private tours, previewing listings and flagging issues worth a closer look.

Writing and negotiating offers

Pricing an offer from recent nearby sales and negotiating repairs, credits and timelines.

Contract-to-close management

Tracking deadlines for inspection, appraisal and financing until the keys change hands.

Seller services

Listing price strategy

Comparable sales and current competition used to set a realistic asking price.

Getting the home market-ready

Staging suggestions, small fixes and scheduling professional photos.

Listing exposure

Putting the home in front of local agents and online shoppers through the MLS and listing sites.

Offer review and negotiation

Comparing offers on price, terms and financing strength, then negotiating to a signed contract.

How a typical transaction works

ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
CloseFinal walk-through and signing with the title or escrow company under Illinois rules.

Typical costs on a Peoria home

Illustrative figures for a home at the local typical value of $138,052. Real numbers depend on your agreement, lender and title company.

Item	Rate	On $138K
Listing-side commission (negotiable)	2.5–3%	$3,451–$4,142
Buyer-side compensation (negotiable)	2–3%	$2,761–$4,142
Buyer closing costs (lender, title, escrow)	2–5%	$2,761–$6,903
Home inspection	flat	$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Areas around Peoria

East Peoria, IL2.0 mi · $184K Pekin, IL9.1 mi · $144K Normal, IL34 mi · $268K McLean, IL34 mi · $200K Bloomington, IL34 mi · $270K Galesburg, IL45 mi · $108K Clinton, IL50 mi · $156K

Questions about these services

How are real estate agents paid in Illinois?

Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.

Does JimMaloof/REALTOR work with both buyers and sellers?

Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how JimMaloof/REALTOR handles dual agency or designated agency under Illinois law.

What should I prepare before the first meeting?

Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.