Basis Real Estate Group
Basis Real Estate Group is a residential real estate brokerage in Olympia Fields, Illinois, serving the Chicago metro area. Founded by Trevor Nightengale, the firm offers traditional sales, HUD home transactions, REO/distressed-asset disposition, and investor consulting.
- Company typePrivate
- Founded2008
- HeadquartersOlympia Fields, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Basis Real Estate Group does
Basis Real Estate Group is a privately held residential real estate brokerage headquartered in Olympia Fields, Illinois, serving the Chicago metropolitan area. Founded and managed by Trevor Nightengale, the firm operates with a small team (1-10 employees) and provides full-service residential brokerage across buying, selling, HUD home transactions, REO and distressed-asset disposition, property acquisitions, and real estate investor consulting. Its customer base spans individual home buyers and sellers, novice and seasoned real estate investors, owner-occupant HUD buyers, nonprofits and government agencies, and institutional clients such as banks and asset managers.
The firm's product portfolio is anchored by traditional residential sales and is differentiated by its registered Neighborhood Listing Broker (NLB) status with the U.S. Department of Housing and Urban Development, which grants it exclusive authority to list, market, and sell HUD homes in Cook County and Northern Will County, Illinois. Supporting products include REO/disposition services for institutional sellers, investor consulting, homebuying tools and educational content for first-time buyers, home valuation services, and a HUD broker education program that trains licensed real estate professionals. The underlying technology is described as a brokerage platform powered by Placester — a third-party real estate website and CRM vendor — with no documented proprietary technology, AI/ML capabilities, APIs, or integrations.
Revenue is generated through transaction-based commissions on home sales and purchases, supplemented by investor consulting fees. The go-to-market is sales-led and relationship-driven: licensed agents work directly with buyers and sellers under agency agreements, the firm captures leads via its website and contact forms, and HUD home offers are submitted through HUDHomestore.com on behalf of qualified buyers. Geographic scope is regional, concentrated in Cook County, Northern Will County, Lake County, and broader Chicagoland. No revenue figures, funding history, M&A activity, or institutional ownership are disclosed.
Basis Real Estate Group firmographics
Firmographics- Name
- Basis Real Estate Group
- Legal name
- Basis Real Estate Group
- Website
- https://basisrealestate.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Basis Real Estate Group is a residential real estate brokerage in Olympia Fields, Illinois, serving the Chicago metro area. Founded by Trevor Nightengale, the firm offers traditional sales, HUD home transactions, REO/distressed-asset disposition, and investor consulting.
- Ownership category
- akta.pro rank
Basis Real Estate Group industry classification
Industry- Product category
- Residential Real Estate Brokerage
- NAICS
- Offices of Real Estate Agents and Brokers (53121), Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Agents and Brokers (531210), Real Estate Property Managers (53131)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)
- akta.pro primary industry
- Traditional Residential Brokerage (Existing Homes) (BPAJAAAA)
- akta.pro secondary industries
- Residential Real Estate Brokerage (Buy/Sell) (FSAEAJAA), Real Estate Buyer Representation (FSAEAJAG), Residential Real Estate Asset Management (BPAJAMAA), Real Estate Capital Markets Advisory (Debt/Equity Placement, Refinancing) (BPAJANAE)
Keywords
Where Basis Real Estate Group is headquartered
LocationHeadquarters
- HQ city
- Olympia Fields
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Basis Real Estate Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Technology or R&D, Operations, Others
Revenue model
- Real Estate Brokerage Commissions: Traditional real estate brokerage earning commissions on home sales and purchases. Agents represent buyers and sellers in residential real estate transactions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard brokerage services |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Basis Real Estate Group product offering
Product offeringCore offering
Basis Real Estate Group is a residential real estate brokerage that helps clients buy and sell homes, with specialized practices in HUD home transactions (as a registered Neighborhood Listing Broker for HUD) and REO / distressed asset disposition for institutional sellers. The firm also offers real estate investor consulting covering fix-and-flip, buy-and-hold, and portfolio expansion strategies for individual and institutional investors.
Product overview
Basis Real Estate Group operates as a premier real estate brokerage offering a comprehensive suite of services built around traditional residential sales, HUD home transactions, REO/disposition services, and investor consulting. The core offering consists of traditional residential buying and selling services, complemented by specialized niches including HUD Home Services (as a registered Neighborhood Listing Broker), REO & Distressed Asset Disposition, and Property Acquisitions. Supporting modules include Homebuying Tools (educational resources for first-time buyers), HUD Broker Education (training for real estate professionals), Agency Agreement Services, Property Portfolio Management, and Home Valuation Services. The firm serves a diverse clientele including homeowners, investors, institutional clients, asset managers, and non-profit organizations across the Chicago metropolitan area.
Differentiator
Problem solved
Functional benefit
Products and services
- Traditional Residential Sales
- HUD Home Services
- REO & Distressed Asset Disposition
- Property Acquisitions
- Investor Consulting
- HUD Broker Education
- Property Portfolio Management
- Home Valuation Services
Companies that use Basis Real Estate Group
Customer profileSegments6 records
Ideal customer profiles5 records
Basis Real Estate Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Basis Real Estate Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Department of Housing and Urban Development (HUD)coreBasis Real Estate Group is a registered Neighborhood Listing Broker (NLB) for HUD. This partnership allows the firm to list, market, and sell HUD homes in the Cook County and Northern Will County areas of Illinois. The managing broker, Trevor Nightengale, is a registered NLB who works with HUD Asset Managers to facilitate transactions.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Basis Real Estate Group competitors and assessment
Company assessmentEmerging players
- Redfin: Tech-enabled residential brokerage with Chicago-area operations. Competes with traditional brokerages on listings, often with reduced commission structures — a direct competitive threat to Basis's commission economics.
- Compass: Tech-enabled residential brokerage expanding aggressively in Chicago. Comparable in buyer/seller representation but differentiated by proprietary technology platform — direct competitive threat on agent recruitment.
- eXp Realty: Cloud-based residential brokerage with a national agent network including Chicago-metro agents. Competes on agent economics and remote operating model, attracting agents away from small traditional brokerages.
- HomeSmart: Tech-forward residential brokerage with national reach and growing Chicago-area presence. Competes on reduced commission splits, posing a recruiting threat to small independent brokerages.
Broad incumbents
- RE/MAX: Global residential real estate franchise with a substantial Chicago-suburban agent network. Competes on agent recruitment and traditional commission-based representation.
- Coldwell Banker: National residential brokerage franchise with significant Chicago-metro agent density. Competes for the same buyer/seller relationships across Cook, Will, and Lake Counties.
- Keller Williams Realty: Large U.S. residential brokerage franchise with strong Chicago-area market centers. Comparable commission-based model with agent-centric structure.
- Berkshire Hathaway HomeServices: National residential brokerage network with Chicago-area franchises. Competes for traditional buyer/seller representation in the same suburban counties.
Direct peers
- Baird & Warner: One of the largest independent residential brokerages in the Chicago metro area. Comparable in residential transaction focus and Chicagoland geographic reach.
- @properties: Large Chicago-based residential brokerage with deep south-suburban and Chicagoland presence. Directly comparable in geography, residential focus, and traditional buyer/seller representation model.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Basis Real Estate Group social profiles
Digital presenceBasis Real Estate Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Basis Real Estate Group leadership team
Management profileNumber of profiles
Profiles2 records
Basis Real Estate Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Basis Real Estate Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Basis Real Estate Group
What does Basis Real Estate Group do?
Basis Real Estate Group is a residential real estate brokerage that helps clients buy and sell homes, with specialized practices in HUD home transactions (as a registered Neighborhood Listing Broker for HUD) and REO / distressed asset disposition for institutional sellers. The firm also offers real estate investor consulting covering fix-and-flip, buy-and-hold, and portfolio expansion strategies for individual and institutional investors.
Is Basis Real Estate Group a public or private company?
Basis Real Estate Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Basis Real Estate Group founded?
Basis Real Estate Group was founded in 2008. It employs 1 to 10 people.
Where is Basis Real Estate Group based?
Basis Real Estate Group is headquartered in Olympia Fields, United States, in the North America region.
How does Basis Real Estate Group make money?
One revenue line is on record: real Estate Brokerage Commissions.
Who are Basis Real Estate Group's main competitors?
Emerging players on record are Redfin, Compass, eXp Realty and HomeSmart. Broad incumbents are RE/MAX, Coldwell Banker, Keller Williams Realty and Berkshire Hathaway HomeServices. Direct peers are Baird & Warner and @properties.
Does Basis Real Estate Group have an API?
No public API is recorded for Basis Real Estate Group.
What industry is Basis Real Estate Group in?
Basis Real Estate Group's product category is Residential Real Estate Brokerage. Its primary akta.pro industry code is BPAJAAAA, Traditional Residential Brokerage (Existing Homes), with a secondary code of FSAEAJAA, Residential Real Estate Brokerage (Buy/Sell). Its NAICS code is 53121 and its SIC code is 6531.