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Illinois REALTORS® named to Springfield’s Good as Gold Business Honor Roll

IARbuzz.com Blog - Wed, 05/04/2016 - 3:57pm
The Illinois REALTORS® received accolades at the eighth annual Springfield Good as Gold Volunteer Award Ceremony, at the University of Illinois-Springfield’s Sangamon Auditorium. Our association was one of 22 organizations that made the Good as Gold Business Honor Roll, and … Continue reading →

Inman On the Road speakers announced; use member benefit to attend for free

IARbuzz.com Blog - Wed, 05/04/2016 - 10:37am
A number of Illinois real estate professionals and REALTORS® will be among featured speakers at Inman Connect on the Road’s event in Chicago May 25.  Names announced by Inman Connect include:  Rebecca Jensen, CEO of MRED.  REALTOR® Thaddeus Wong with … Continue reading →

Morning Minute: NAR survey offers insights into military homebuyers

IARbuzz.com Blog - Wed, 05/04/2016 - 10:19am
Did you know that active-military homebuyers under the age of 35 buy homes at a higher rate than their civilian counterparts of the same age. They are also more likely to buy a larger first home and use a REALTOR® … Continue reading →

Illinois REALTORS® a sponsor for Springfield architectural tour

IARbuzz.com Blog - Wed, 05/04/2016 - 8:34am
Springfield has a lot of rich history, especially with its Lincoln connections. But there’s more than Lincoln to the city’s downtown, and a Thursday tour sponsored by Downtown Springfield Inc. and Illinois REALTORS® highlights the city’s architecture. Called the Upper Story … Continue reading →

Morning Minute: Millennial homebuyers and credit hurdles

IARbuzz.com Blog - Tue, 05/03/2016 - 10:53am
More Millennial consumers may be ready to move into homeownership, but tight credit continues to be a barrier for many, CNBC reports in “Millennials are moving, but mortgages don’t follow.” In other headlines: Gen X Home Ownership on the Rise … Continue reading →

Fate of disputed earnest money among topics covered in May DR Legal News

IARbuzz.com Blog - Mon, 05/02/2016 - 5:10pm
Six legal case studies, recent disciplinary actions by the Illinois Department of Financial and Professional Regulation (IDFPR) and an explanation of how the Unclaimed Property Act affects earnest money when transactions don’t close are just a few of the topics … Continue reading →

Three Rivers REALTORS® help Joliet residents with Housing Expo

IARbuzz.com Blog - Mon, 05/02/2016 - 4:48pm
In April, the Three Rivers Association of REALTORS® partnered with the City of Joliet and the Will County Center for Economic Development to conduct the City of Joliet Housing Expo. The event drew about 250 consumers and 40 vendors/community partners … Continue reading →

Oldenettel named to two state real estate panels

IARbuzz.com Blog - Mon, 05/02/2016 - 10:14am
Illinois REALTOR® Michael Oldenettel, CRS, GRI has been named to two real estate-governance panels, according to letters filed by Gov. Bruce Rauner’s office. Oldenettel, who served as Illinois REALTORS® president in 2013, was appointed to the Illinois Real Estate Administration … Continue reading →

Morning Minute: More homeowners expected to tackle bigger remodeling projects this year

IARbuzz.com Blog - Mon, 05/02/2016 - 10:13am
2016 could be a strong year for larger remodeling projects, according to a  new survey from the National Association of Home Builders (NAHB). Larger projects, such as whole house remodels and room additions, are expected to climb in 2016 to … Continue reading →

Up next: Managing Broker renewal

IARbuzz.com Blog - Mon, 05/02/2016 - 10:01am
Managing Broker licensees must successfully complete 24 hours of continuing education before April 30, 2017. Look for live classes and webinars for the BMCE course work at the end of 2016. www.illinoisrealtors.org/education 3 hours Core A 3 hours Core B 6 … Continue reading →

What Happens After the April 30 Broker License Renewal?

IARbuzz.com Blog - Mon, 05/02/2016 - 9:34am
Here’s a Q&A to share with your brokers, prepared by Carrie Elliot, Education Manager for the Illinois REALTORS® Licensing and Training Center. Can I still practice real estate as a Broker after April 30, 2016 if I have not completed all … Continue reading →

Zahn gives so girls learn their ‘voices count’

IARbuzz.com Blog - Mon, 05/02/2016 - 7:00am
When Angie Zahn began her search for local Girl Scout troop information in 1987, she embarked on a journey that continues to this day. Zahn discovered there wasn’t a troop leader in Trenton for her daughter and second-grade classmates, she … Continue reading →

What’s next for brokers who missed the license renewal deadline?

IARbuzz.com Blog - Sun, 05/01/2016 - 12:01am
Illinois brokers who failed to renew their real estate licenses, complete their renewal applications and pay their fees to the Illinois Department of Financial and Professional Regulation (IDFPR) by April 30 must contact IDFPR for direction. They cannot practice selling … Continue reading →

Illinois REALTORS® participate in NAREB regional member and Community Day events

IARbuzz.com Blog - Fri, 04/29/2016 - 5:13pm
The Illinois REALTORS® supported the Dearborn Realtist Chapter of the National Association of Real Estate Brokers (NAREB) at its 69th Annual Mid-Winter Regional Conference in Chicago last week. The three-day conference ended with a Community Expo titled, “Community Wealth Building … Continue reading →

Report: Cash buyers make up 36 percent of home sales in Chicagoland

IARbuzz.com Blog - Fri, 04/29/2016 - 2:08pm
Chicago-area buyers paid cash for homes more than a third of the time, and the data released this week shows they paid 39 percent less per square foot during the first quarter of the year. The findings are part of … Continue reading →

Morning Minute: NAR infographic takes closer look at housing market

IARbuzz.com Blog - Fri, 04/29/2016 - 11:19am
Read and share a new infographic from the National Association of REALTORS® (NAR), which takes a closer look at the U.S. housing market in March. A few takeaways: existing-home sales were up, pending home sales looked promising and properties averaged … Continue reading →

Deadline questions about broker renewal? Help Desk is open Saturday for questions

IARbuzz.com Blog - Fri, 04/29/2016 - 10:31am
Illinois REALTORS®’ Licensing and Training Center will have special Saturday hours to help Illinois brokers working to meet the April 30 deadline to renew their licenses. The Licensing and Training Center will staff its help desk from 9 a.m. to 2 … Continue reading →

Three Rivers donates $3,000 NAR grant to village for constructing ‘pocket’ parks

IARbuzz.com Blog - Thu, 04/28/2016 - 5:12pm
On April 26, the Three Rivers Association of REALTORS® presented a $3,000 check to the village of Diamond so that “pocket parks” could be constructed this summer, each with a handmade park bench constructed by a local Eagle Scout. The … Continue reading →

Flood bill passes U.S. House with unanimous vote

IARbuzz.com Blog - Thu, 04/28/2016 - 3:43pm
A bill which would provide flexibility for consumers to buy flood insurance from either a government-backed or private source received a 419-0 approval vote in the U.S. House on Thursday. Consumers have the option to obtain insurance through the National Flood Insurance … Continue reading →

Morning Minute: Freddie Mac sees positive signs for the housing market

IARbuzz.com Blog - Thu, 04/28/2016 - 9:52am
The U.S. housing market is improving and is “poised to have its best year in a decade,” says Freddie Mac Deputy Chief Economist Len Kiefer in the latest Multi-Indicator Market Index. Home purchases are trending higher while delinquencies are down, … Continue reading →