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The Voice of Illinois Real Estate
Updated: 16 hours 19 min ago

Beth Wanless: Tax reform and the resources of Illinois REALTORS®

Wed, 07/26/2017 - 5:03pm
Protecting the mortgage interest deduction and the 1031 like-kind exchange are just two of the concepts Beth Wanless discusses in the Keeping it Real Podcast, “Tax reform and the resources of the Illinois REALTORS®.” The Illinois REALTORS® local governmental affairs director … Continue reading →

Wagner talks 1031 like-kind exchanges on Market Overdrive show

Wed, 07/26/2017 - 2:14pm
Illinois REALTORS® Treasurer Dan Wagner appeared on a real estate talk show Wednesday morning in Chicago and participated in a discussion about the advantages of 1031 like-kind exchanges. See the YouTube video. Wagner, senior vice president of government relations for … Continue reading →

Managing brokers: Don’t risk unlicensed practice. Renew your entity license now

Tue, 07/25/2017 - 4:59pm
More than 450 real estate businesses received email notices from Illinois REALTORS® urging them to renew their entity licenses (i.e. corporation, LLC, branch) and avoid unlicensed practice complaints. Managing brokers need to complete a form and send it to IDFPR … Continue reading →

Callan meets with Roskam at tax policy luncheon

Tue, 07/25/2017 - 4:47pm
Illinois REALTOR® Pat Callan met with U.S. Rep. Peter Roskam in Washington, D.C. on Tuesday. Callan, a former Illinois REALTORS® president who serves as federal political coordinator for Roskam, helped host a lunch the congressman attended at the D.C. headquarters … Continue reading →

Wagner scheduled to appear on Market Overdrive Wednesday

Tue, 07/25/2017 - 3:53pm
Illinois REALTORS® Treasurer Dan Wagner, senior vice president of government relations for the Oak Brook-based Inland Real Estate Group of Companies, is scheduled to talk about 1031 like-kind exchanges on MarketOverdrive, which is available through its Facebook page, on Youtube … Continue reading →

Remember IRRF can help recent northern Illinois flood victims

Tue, 07/25/2017 - 2:05pm
The Illinois REALTORS® Relief Foundation (IRRF) is accepting applications from northern Illinois property owners who were flood victims in early July. The foundation is one of the charitable arms of Illinois REALTORS® and provides assistance to disaster victims. The latest outreach … Continue reading →

REALTORS® reach agreement for flood insurance legislation with House committee

Mon, 07/24/2017 - 2:17pm
Following extensive discussions with the House Financial Services Committee, the National Association of REALTORS® has announced its support for proposed changes to the “21st Century Flood Reform Act,” so that the National Flood Insurance Program (NFIP) could move forward. Among … Continue reading →

Illinois median prices climb in June while home sales hold steady

Mon, 07/24/2017 - 8:37am
Illinois home sales largely held steady and the statewide median price increased in June as motivated buyers were ready to move quickly amid tighter seasonal inventory, according to Illinois REALTORS®. Statewide home sales (including single-family homes and condominiums) in June … Continue reading →

Foreign investment in U.S. real estate surges 49 percent; Illinois in top 10

Fri, 07/21/2017 - 4:08pm
Foreign investment in U.S. residential real estate reached a new high from March 2016 to April 2017, according to a annual survey released by the National Association of REALTORS® earlier this week. Foreign buyers amassed $153 billion in residential property … Continue reading →

Watch for Illinois REALTORS® June housing report Monday

Fri, 07/21/2017 - 1:34pm
Monday morning, Illinois REALTORS® will release its June 2017 housing report, with data breakdowns for the state of Illinois, city of Chicago and the nine-county Chicago Primary Metropolitan Statistical Area (PMSA). Also included will be a housing market forecast by … Continue reading →

Champaign County Association of REALTORS® to celebrate 100th anniversary July 27

Fri, 07/21/2017 - 11:05am
On July 27, the Champaign County Association of REALTORS® (CCAR) will host a 100th Anniversary party from 2 to 4 p.m. at its office at 305 Burwash Avenue in Savoy. Photos and videos will be used to tell the story … Continue reading →

Michael Phelps to speak at REALTOR® Conference & Expo Nov. 4

Thu, 07/20/2017 - 5:27pm
Retired American swimmer Michael Phelps will headline the REALTOR® Conference and Expo by speaking and meeting attendees on Nov. 4 at the McCormick Place Convention Center West Building. Phelps is the most decorated athlete in Olympic history with 23 gold … Continue reading →

Changes to National Flood Insurance Program need serious consideration says REALTOR®

Thu, 07/20/2017 - 2:25pm
With the National Flood Insurance Program (NFIP) scheduled to expire on Sept. 30, the Illinois REALTORS® and about 42,000 Illinois homeowners who live in a flood plain are watching closely to see what action Congress takes in the meantime. Several … Continue reading →

12 questions to test your knowledge about multiple offers

Wed, 07/19/2017 - 4:29pm
In the July issue of Illinois REALTOR®, Director of Legal Services Betsy Urbance provides 12 questions about multiple offers that can refresh the memories of REALTORS® whether they’re representing buyers or sellers. Go to page 14 for the quiz. Readers … Continue reading →

Affected by N. Illinois flooding? IRRF is offering financial help

Wed, 07/19/2017 - 11:57am
The Illinois REALTORS® Relief Foundation (IRRF) is accepting applications from northern Illinois property owners who have been affected by the recent historic flooding. IRRF is Illinois REALTORS® charitable arm which focuses on helping those affected by disasters, and has provided … Continue reading →

12 days left for REALTORS® to enter Conference & Expo contest

Wed, 07/19/2017 - 10:58am
REALTORS® who answer seven trivia questions correctly by July 31 in the “How Well Do You Know Chicago Cuisine?” contest could win a $100 Lettuce Entertain You gift card to use at the REALTOR® Conference and Expo in November. To … Continue reading →

McDonald will wrap up Spotlight Series at REALTORS® Conference and Expo

Tue, 07/18/2017 - 11:30am
Marketing and advertising expert and author Kelly McDonald will speak Monday, Nov. 6 during the REALTORS® Conference & Expo in Chicago. Register today to see her presentation. McDonald will be the fourth of four entrepreneurs outside the real estate industry … Continue reading →

Morning Minute: NAR fights to keep net neutrality for agents and brokers

Tue, 07/18/2017 - 10:16am
The National Association of REALTORS® has joined a group of businesses in opposing a proposed change to the way the Internet is governed and has warned the Federal Communications Commission (FCC) the change could cause unequal access to content. Monday is … Continue reading →

Chicago Agent’s Who’s Who lists Illinois REALTORS®

Tue, 07/18/2017 - 8:59am
From Mack Alsaidi to Deena Zimmerman, Chicago Agent has its annual list of some of the best in the real estate business as part of the publication’s 2017 Who’s Who. Included in the feature is Illinois REALTORS® leadership team, made … Continue reading →

Is your corporate license in danger of becoming inoperative?

Tue, 07/18/2017 - 8:50am
More than 450 real estate businesses have lapses in their corporate licenses, according to IDFPR. These licenses are currently in “non-renewed” status, and if they are not restored by July 31, they will become listed as “inoperative.” Inoperative status means a firm … Continue reading →