Michael H. Wasserman, PC

Happy Friday! Enjoy Brendan's haiku about what we do. And have a nice, "warm" weekend. #chicagorealestate #happyfriday #thewassermanway

Thinking of selling your home? Start ahead of the curve with our Fast-Track Sales Plan. It's a legal precheck of your property to help speed the selling process. It's only $150, which can be applied towards our closing fee. Check it out: https://buff.ly/3XH3z2C

Brokers, it's not just about finding the right property for your clients, it's about having the right team. Partnering with a real estate attorney is your winning combo for smooth and secure transactions. #realestatebrokers #securetransactions #legalprotection #chicagorealestate

Hey brokers what do you think – Who's responsible for the MLS fee? Back in the olden times, when you could say such things in a listing, seller-paid buyer’s broker’s compensation we'd see a percentage of purchase price adjusted down by $495 to “cover” the MLS fee. (A reduction of the buyer’s broker’s commission). In the new paradigm where buyers pay their brokers and not sellers; where we no longer advertise the commission splits; listing agents can't pass that fee through to their counterparts any more. So when a seller says they will only contribute X% - $495, that fee is passing through to consumers. And as a result, many buyers who thought that the seller was “covering” their brokerage charges in full are paying $495 out of pocket at closing. Are listing brokers still able to make a case that the fee should pass through to the buyer's side? Isn't this a cost of doing the business of marketing a home for sale? Or, are we now affording buyers the privilege of paying for a seller’s MLS marketing? Should buyer's brokers be doing more to push back against these terms for seller contributions towards buyer broker fees? Or to explain the consequences of having to pay $$ out of pocket? What do you think?

Buying one place and selling another can be stressful. Save time and sanity by enlisting the experienced legal team at Michael H. Wasserman, P.C. We take care of the details and legal complexities, so you can focus on moving forward. Schedule a call with Mike Wasserman or John Aylesworth to get started. https://buff.ly/3KAMRKr #thewassermanway #chicagorealestate #smoothclosings

So, what's with the bears? IYKYK. But I'll spill. First, they're adorable. Second, they take me back to my Grateful Dead-following days. Plus, they make you smile (right?). Happy Friday! #thewassermanway #chicagorealestate #happyfriday

Congrats to Maggie and Ryan for closing on their north shore home. Special nod to their broker, Ryan Rahim of Remax City View, for his hard work and trust in our firm over the years. #chicagorealestate #thewassermanway #closewithconfidence

Real estate brokers: Partnering with trusted real estate attorneys provides a crucial edge in a competitive market like Chicago. We navigate legal complexities and ensure that the terms of the contract are satisfied to the benefit of your clients. #realestatebrokers #attorneyguidance #chicagorealestate

Check out our latest review on Google My Business: Julie Sherman gave us a 5 out of 5 on January 14 2025 The Mike Wasserman and Associates firm once again did an amazingly headache free and efficient closing for me, my fourth with them! Mike's firm always delivers an easy and stress free closing and they are super diligent and on top of things while also being technologically easy to use. I always recommend this firm to anyone I know looking for a real estate attorney and they go beyond the norm with their post closing donations to an option of many wonderful organizations you get to choose from. As always, I recommend this firm.

Check out our latest review on Google My Business: Darrelyn Marx gave us a 5 out of 5 on January 14 2025 Michael H. Wasserman's team did outstanding legal work for us when we sold our condo. They were efficient, and had excellent communication skills from start to finish. They were a pleasure to partner with on this transaction. We highly recommend Michael H. Wasserman.