Sell or Buy a Real Estate Agency in Illinois

Real Estate Agency Overview

Illinois real estate agencies facilitate property transactions for buyers and sellers across residential, commercial, and investment markets. Agency value depends heavily on agent retention and brand recognition.

Real estate agencies benefit from market activity, agent productivity, and ancillary services like property management. Success depends on agent recruitment and retention, market position, and operational efficiency.

Real Estate Agency Valuation

Agency Type	Multiple Range	Basis
Residential Brokerage	0.5x - 1.0x	GCI
Commercial Brokerage	0.8x - 1.5x	GCI
Property Management	1.0x - 2.0x	Revenue
Franchise Office	0.5x - 1.2x	GCI

Key Valuation Factors

Agent count: Number of productive agents and retention
GCI: Gross commission income and company dollar
Brand value: Market recognition and reputation
Ancillary services: Property management, title, mortgage
Market position: Market share and competitive position

Selling a Real Estate Agency

Key Selling Considerations

Agent retention: Key agents committed to staying
Listing inventory: Current listings and pending transactions
Financial records: GCI, company dollar, and expenses
Franchise agreement: Transfer requirements (if applicable)
Lease terms: Office lease and assignment provisions

Illinois Regulatory Compliance

Illinois Real Estate License Act compliance
Managing Broker license requirements
IDFPR registration and reporting
E&O insurance coverage
Trust account procedures
MLS membership transfer

Complete Selling Guide →

Buying a Real Estate Agency

Key Buying Considerations

License requirements: Illinois Managing Broker license
Agent interviews: Meet top-producing agents
GCI verification: Review commission records
Franchise approval: Franchisor approval (if applicable)
Market analysis: Local market conditions and competition

Complete Buying Guide →

Real Estate Agency Types

🏠 Residential

Home sales and purchases.

🏢 Commercial

Business property transactions.

🏘️ Property Management

Rental property management.

🏷️ Franchise

National brand affiliates.

🏗️ New Construction

Builder representation.

💼 Investment

Investment property focus.