Here is what working with Mike Smallegan in Grand Rapids 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 strategy session
Clarifies budget, loan pre-approval status and the representation agreement now required in Michigan.
Home tours and listing alerts
Setting up searches for Grand Rapids area listings and arranging showings as soon as homes go live.
Offers and counteroffers
Contract terms, earnest money, inspection and appraisal contingencies explained step by step.
Getting to the closing table
Coordinating with the lender, title or escrow office and the other agent so nothing slips.
Seller services
Home valuation
A written price opinion built from sold, pending and active Grand Rapids area comparables.
Listing preparation
Advice on repairs, staging and photography before the home goes live.
Listing exposure
Putting the home in front of local agents and online shoppers through the MLS and listing sites.
Showings, offers and closing
Scheduling showings, reviewing offers and managing the contract to closing.
Focus areas
New Construction
Representation at builder sales offices and contract review.
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 Michigan rules.
Typical costs on a Grand Rapids home
Illustrative figures for a home at the local typical value of $307,094. Real numbers depend on your agreement, lender and title company.
| Item | Rate | On $307K |
|---|---|---|
| Listing-side commission (negotiable) | 2.5–3% | $7,677–$9,213 |
| Buyer-side compensation (negotiable) | 2–3% | $6,142–$9,213 |
| Buyer closing costs (lender, title, escrow) | 2–5% | $6,142–$15,355 |
| 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).