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Final days to register for GRI in Peoria #ILGRIturns50

IARbuzz.com Blog - Mon, 11/17/2014 - 3:04pm
The final registration deadline for Illinois GRI is Friday, Nov. 21. The Grad Course is nearly sold out and walk-ins will not be accepted. Course II and III still have openings and a limited number of walk-ins accepted onsite. Come … Continue reading →

Morning Minute: Park Forest makes list of best housing markets for executives

IARbuzz.com Blog - Mon, 11/17/2014 - 10:49am
When it comes to getting an affordable deal on the type of homes that appeal to business “executives” (think at least four-bedroom, two-bathroom homes), the Chicago suburb of Park Forest, Ill. makes the grade, coming in at No. 3 behind … Continue reading →

Capital Area REALTORS® wins honorable mention ACE award

IARbuzz.com Blog - Fri, 11/14/2014 - 2:07pm
The Capital Area REALTORS® received a 2014 Accredited Commercial Excellence Award (ACE) honorable mention during the National Association of REALTORS® annual conference last weekend in New Orleans. Capital Area won in the area of Technology and Data. The award was … Continue reading →

IAR Legal Minute Video: Handling negotiations by text message

IARbuzz.com Blog - Fri, 11/14/2014 - 10:05am
In the latest Legal Minute video, Sorling Northrup Attorney Jeffrey T. Baker answers some of the recent questions he’s received on the IAR Transaction Helpline, including the legal issues of negotiating via text message.

Morning Minute: Stronger market ahead for commercial real estate

IARbuzz.com Blog - Fri, 11/14/2014 - 9:53am
The U.S. commercial real estate market is expected to see gains in prices and rents in the next few years as the the economy improves, more jobs are created and energy costs decline, according to National Association of REALTOR® Chief … Continue reading →

Throwback Thursday visits GRI 29 years ago

IARbuzz.com Blog - Thu, 11/13/2014 - 5:31pm
Do you know anyone in this photo?  In 1975, the Graduate, REALTOR® Institute was well on its way to becoming what it is today.  The coursework taught this group of eight men and 16 women about the fundamentals of real … Continue reading →

Illinois REALTOR® Magazine now offering referral ads

IARbuzz.com Blog - Wed, 11/12/2014 - 4:37pm
Take advantage of Illinois REALTOR® Magazine’s newest advertising option, REALTOR® referral ads. You can still reserve your space for the January 2015 issue but time is running out. The ad closing deadline is Nov. 17  and artwork is due Nov. … Continue reading →

Call for Action: Extend mortgage debt forgiveness tax relief

IARbuzz.com Blog - Wed, 11/12/2014 - 4:27pm
For those who find themselves owing more than then can get for their homes, the Mortgage Forgiveness Tax Relief Act is a big deal. After all, if a homeowner takes part in a short sale or workout deal on a home … Continue reading →

IAR members attend NAR board meeting in New Orleans

IARbuzz.com Blog - Tue, 11/11/2014 - 8:34pm
The National Association of REALTORS® Board of Directors met on Monday, Nov. 10, 2014. Board members included REALTORS® from IAR. Topping the list of items considered was the creation of a Code of Excellence for REALTORS®. The Code will be … Continue reading →

IAR salutes those who have served this Veterans Day

IARbuzz.com Blog - Mon, 11/10/2014 - 6:43pm
The Illinois Association of REALTORS® and the IAR Legal Hotline and Transaction Helpline will be closed Tuesday, Nov. 11 in observance of Veterans Day.

Can you guess how these case studies end?

IARbuzz.com Blog - Mon, 11/10/2014 - 1:44pm
Managing brokers can gain insight into real estate scenarios – involving guns, suicide, vicious dog attacks and money – when they read the legal case studies in the November issue of DR Legal News. The six case studies covered by … Continue reading →

In Case You Missed It: Top IARbuzz blog posts from last week

IARbuzz.com Blog - Mon, 11/10/2014 - 6:30am
In case you missed it, here are four of the top IARbuzz blog posts from the past week: Illinois wins prestigious Triple Crown at NAR convention - The Illinois Association of REALTORS® was recognized with the Triple Crown award for both … Continue reading →

Two from Illinois honored for work in commercial real estate

IARbuzz.com Blog - Sat, 11/08/2014 - 8:08am
The National Association of REALTORS® tapped two Illinois real estate professionals as among those honored nationally. Those receiving the awards for excellence in the commercial real estate industry in the past year were: Dan Wagner, Vice President of Government Relations, … Continue reading →

Illinois wins prestigious Triple Crown at NAR convention

IARbuzz.com Blog - Fri, 11/07/2014 - 6:48pm
Illinois REALTORS® were recognized for contributions to RPAC on Friday, Nov. 7, 2014, at the REALTOR® Convention & Expo in New Orleans. The Illinois Association of REALTORS® was recognized with the Triple Crown award for both fundraising and overall participation. … Continue reading →

Did you see Rauner Friday?

IARbuzz.com Blog - Fri, 11/07/2014 - 4:27pm
Republican governor-elect Bruce Rauner visited Springfield Friday afternoon as part of a planned “fly around” the state to thank voters for their support. The tour was scheduled to begin Friday morning in Marion, then proceed to O’Fallon, Springfield, Moline, Peoria … Continue reading →

IAR leaders participate in NAR governance meetings in New Orleans

IARbuzz.com Blog - Fri, 11/07/2014 - 3:59pm
As the National Association of REALTORS® Conference & Expo gets into full swing in New Orleans, Illinois REALTOR® leaders are participating in NAR governance meetings looking at the issues facing the industry. Loretta Alonzo, (far right) the 2012 president of … Continue reading →

Homeownership rates a concern in housing economy; but there is good news

IARbuzz.com Blog - Fri, 11/07/2014 - 2:16pm
Consumer confidence in the housing market is surging upward, but surveys of REALTORS® indicate agents aren’t so sure the market is fully back to health, NAR’s chief economist said Friday. “That’s odd because REALTORS® are really optimistic,” said Dr. Lawrence … Continue reading →

Experience New Orleans through eyes, ears and taste buds of our own

IARbuzz.com Blog - Fri, 11/07/2014 - 11:38am
Even if you aren’t able to attend the National Association of REALTORS® Convention in New Orleans the next several days, you can still get a great taste of what’s happening by following the exploits of three IAR members – Alex … Continue reading →

Morning Minute: Mortgage rates climb above 4 percent, but still lower than a year ago

IARbuzz.com Blog - Fri, 11/07/2014 - 9:54am
Fixed mortgage rates inched a little higher this week, climbing just over 4 percent, but rates still remain lower than a  year ago. Freddie Mac economists attributed the increase to stronger economic news. The 30-year, fixed rate mortgage averaged 4.02 … Continue reading →

Fracking may soon begin in Illinois as rules approved

IARbuzz.com Blog - Fri, 11/07/2014 - 9:25am
More than one year after a law was passed to regulate hydraulic fracturing or “fracking” in Illinois, the state legislature’s Joint Committee on Administrative Rules (JCAR) voted Thursday in Chicago to approve rules for permits. See the Chicago Tribune story. … Continue reading →