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The Voice of Illinois Real Estate
Updated: 12 hours 19 min ago

REALTORS needed to run for office, stand up for property rights

Thu, 05/07/2015 - 1:05pm
  Making the decision to be an RPAC Major Investor is a great first step to protecting private property rights. But politically engaged REALTORS should take their commitment to the industry a step further and run for office, a RPAC-supported … Continue reading →

Protect your real estate brand while building connections with clients

Thu, 05/07/2015 - 12:53pm
In the age of social media and 24-hour hour access to real estate information, it has never been more important for REALTORS® to protect their online reputation and business “brand,” says Terry Watson, a featured speaker at the Illinois Association … Continue reading →

Promoting professional standards through cooperation and communication

Thu, 05/07/2015 - 11:59am
REALTORS® must be committed to enhancing and protecting the ethical integrity of the profession and Illinois REALTORS® are taking important steps to help that happen. In Thursday’s IAR Spring Conference session on professional standards, presenters Lynn Madison and Chris Read … Continue reading →

Explaining the Cook County(unincorporated) Zoning Use Certificate Ordinance

Thu, 05/07/2015 - 11:10am
For those members practicing in areas which include unincorporated Cook County, take note that effective March 21, 2015 a new application procedure became effective for sellers of real property. The ordinance requires sellers of property to apply for a Zoning … Continue reading →

IAR Legal Services Update covers hot legal topics and trends

Wed, 05/06/2015 - 3:55pm
IAR Spring Conference attendees learned more about the legal trends and ethical topics affecting Illinois REALTORS® with an IAR Legal Services Update from Betsy Urbance, IAR Legal Hotline Attorney, and Jeffrey T. Baker, IAR’s Transaction Helpline Attorney.

IAR Business Expo showcases industry vendors and resources

Wed, 05/06/2015 - 3:18pm
The Business Expo at this year’s IAR Spring Conference in Collinsville features a variety of  industry exhibitors including: warranty companies, mortgage lenders, home inspectors and vendors offering new ideas for REALTOR® closing gifts. The Expo reopens on Thursday from 11 … Continue reading →

Niego says relationships, referrals key to REALTOR® success

Wed, 05/06/2015 - 1:09pm
Referrals from past and current satisfied customers are the key to REALTORS® improving their bottom line and building their businesses, said Joe Niego this morning at the IAR Spring Conference and Expo. Niego was the featured speaker at the opening … Continue reading →

D.R. Legal News discusses licensed agents as independent contractors

Tue, 05/05/2015 - 11:07am
Unresolved court cases in California and Massachusetts have a remote chance to affect whether licensed real estate agents in Illinois will be classified as independent contractors or employees, according to the May issue of D.R. Legal News for managing brokers. … Continue reading →

REALTORS® learn more about August TILA/RESPA changes

Mon, 05/04/2015 - 2:18pm
More than 300 members of IAR and the Illinois Bankers Association discovered via webinar today how the integration of the Truth in Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA) will affect the details of their work later … Continue reading →

4 reasons for REALTORS® to read today’s IAR State Capitol Report

Fri, 05/01/2015 - 4:10pm
House Bill 1319, which proposes a change to the way lessors pay security deposit interest to tenants, is one of four real estate-related issues covered in today’s Illinois Association of REALTORS® State Capitol Report. Other subjects mentioned in today’s State … Continue reading →

Missed the managing brokers license renewal deadline?

Fri, 05/01/2015 - 11:51am
If you missed the April 30, 2015 managing broker renewal deadline, your license has gone into non-renewed status. You will be unable to practice until you have completed the required continuing education hours, submitted your renewal application to the Illinois … Continue reading →

Morning Minute: Mortgage rates move slightly higher this week

Fri, 05/01/2015 - 10:22am
Freddie Mac reported that mortgage interest rates inched slightly higher this week — 3.68 percent for a 30-year, fixed-rate mortgage compared to an average of 3.65 percent last week. Freddie Mac Deputy Chief Economist Len Kiefer said rates rose during … Continue reading →

IAR joins broad coalition seeking to change state communications laws

Fri, 05/01/2015 - 8:25am
The Illinois Association of REALTORS® is among 240 organizations seeking to bring the state’s communications laws into the 21st century. The association was among those represented at a announcement on April 30 regarding the state’s communications law which expires on … Continue reading →

Crime-free ordinance changes; could hurt landlords, tenants if passed

Thu, 04/30/2015 - 1:37pm
A crime-free ordinance that could penalize landlords and their tenants for police calls is one of several bills IAR lobbyists are monitoring as the state’s General Assembly enters its last few weeks. The bill is sponsored by Sen. Toi Hutchinson, … Continue reading →

Keep calm and renew on

Thu, 04/30/2015 - 10:20am
Managing Broker License Renewal season draws to a close today.  If you have not yet submitted your renewal application, we highly recommend that you do not wait until the last minute, particularly if submitting it online. A high volume of … Continue reading →

Tornado relief efforts still needed in northern Illinois

Thu, 04/30/2015 - 9:45am
Victims of the April 9 tornadoes that struck Illinois can still use the help of Illinois REALTORS® like you. You can make a donation or you can help a victim get assistance by directing them to apply for financial assistance … Continue reading →

Morning Minute: Survey shows what is on the minds of today’s homebuyers

Thu, 04/30/2015 - 9:33am
The top concerns of many potential homebuyers is finding a home that fits within their budget and is located in a quality neighborhood, according to a recent consumer survey from Chase Mortgage Banking. Other findings from the survey: 62 percent … Continue reading →

Only one day left for Managing Brokers to renew, so organize and allow extra time

Wed, 04/29/2015 - 3:50pm
With the 11:59 p.m. April 30 deadline looming for Managing Brokers to renew their licenses, those who haven’t completed the task yet should allow as much time as possible to reduce their own stress and avoid last-minute technical glitches. Once … Continue reading →

REALTORS®: See the reach and power of your IAR

Wed, 04/29/2015 - 11:53am
The support of REALTORS® and the rights of private property owners were never more visually evident than the IAR’s “Power of R®” map that recapped the April Consolidated Elections in Illinois. Counting RPAC-supported candidates, Opportunity Races and Independent Expenditures, IAR supported 58 … Continue reading →

Morning Minute: U.S. pending home sales climb to highest level since June 2013

Wed, 04/29/2015 - 10:22am
Pending home sales moved higher in March, increasing 1.1 percent compared to February and 11.1 percent over March 2014, the National Association of REALTORS® (NAR) reported today. NAR Chief Economist Lawrence Yun said buyer demand is strong in this spring’s … Continue reading →