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7 members help identify the value of a REALTOR® for consumers

IARbuzz.com Blog - Thu, 07/06/2017 - 9:35am
In the July issue of Illinois REALTOR®, Matt Difanis, Tommy Choi, Nick Libert, Wayne Paprocki, Max Mitchell, Tonya Corder and Vicky Turner highlight the difference-making skills and insights our members can provide consumers. In the cover story titled, “The value … Continue reading →

Case studies include Fair Housing Act ruling for transgender plaintiff in July DR Legal News

IARbuzz.com Blog - Wed, 07/05/2017 - 3:15pm
Illinois REALTORS® get an analysis of seven separate case studies in the July issue of DR Legal News, including a violation of the Fair Housing Act by a Colorado landlord. In the case Smith v. Avanti, a transgender woman and … Continue reading →

Illinois REALTOR® offices reopen Wednesday

IARbuzz.com Blog - Tue, 07/04/2017 - 7:00am
The Illinois REALTORS® offices – including the Legal Hotline – will be closed Tuesday in celebration of Independence Day. The offices will reopen Wednesday, July 5. Have a safe and happy holiday!

July Illinois REALTOR® offers luxury market tips

IARbuzz.com Blog - Mon, 07/03/2017 - 2:25pm
In the July issue of Illinois REALTOR®, Marilyn Kohn and Mari Halliday of Peoria, Tammy Mitchell Hines of Columbia and Emily Sachs Wong of Lincoln Park share some of their ideas for marketing high-end listings. In “9 tips for working … Continue reading →

Illinois REALTORS® offices open Monday, close Tuesday

IARbuzz.com Blog - Sun, 07/02/2017 - 8:00am
The Illinois REALTORS® offices – including the Legal Hotline – will be open Monday but will close Tuesday in celebration of Independence Day. The offices will reopen Wednesday, July 5. Have a safe and happy holiday!  

SCR explains House amendment to Senate Bill 9; REALTORS® congratulate Sen. Brady

IARbuzz.com Blog - Fri, 06/30/2017 - 4:36pm
The Illinois General Assembly continues its overtime session. In today’s edition of the Illinois REALTORS® State Capitol Report, you get information regarding a House amendment to the latest revenue package, Senate Bill 9, which was approved by the Senate in … Continue reading →

How appealing property tax assessments can pay off

IARbuzz.com Blog - Fri, 06/30/2017 - 11:38am
Illinois REALTORS® can demonstrate their value to homeowners by sharing their knowledge of the local property tax process. That expertise can pay off for property owners who receive tax assessment notices and want to appeal increases. In Cook County, for … Continue reading →

DR Legal News explains License Act changes, case studies and more

IARbuzz.com Blog - Fri, 06/30/2017 - 8:30am
Get a summary of numerous changes to the Real Estate License Act negotiated by the Illinois REALTORS® advocacy team during the spring legislative session. In the July edition of Designated REALTOR® Legal News, Jeffrey T. Baker, of Sorling Northrup Attorneys … Continue reading →

Illinois agencies join Illinois REALTORS® in industry forum with Ghanaian delegation

IARbuzz.com Blog - Thu, 06/29/2017 - 3:14pm
Real estate industry representatives and elected members of Parliament from the Republic of Ghana visited Chicago Wednesday to learn about how Illinois REALTORS® practice and regulate real estate in Illinois. They also learned how we work to promote Illinois and expand … Continue reading →

Morning Minute: Fixed mortgage rates drop to lowest level of the year, Freddie Mac reports

IARbuzz.com Blog - Thu, 06/29/2017 - 10:01am
The 30-year, fixed mortgage rate averaged 3.88 percent this week, falling to the lowest level so far this year, Freddie Mac reports today. The 15-year, fixed rate averaged 3.17 percent, the same as last week. Read more from Freddie Mac. … Continue reading →

Morning Minute: U.S. pending home sales dip in May

IARbuzz.com Blog - Wed, 06/28/2017 - 10:45am
Low inventory is being blamed for the third consecutive month of lower pending home sales, according to the National Association of REALTORS® (NAR). The Pending Home Sales Index fell 0.8 percent in May compared to April and was down 1.7 … Continue reading →

Watch your mailbox for July issue of Illinois REALTOR®

IARbuzz.com Blog - Wed, 06/28/2017 - 10:43am
The July issue of Illinois REALTOR® features a cover story about the “Value of a REALTOR®,” a photo spread about Lobby Day, 9 tips about working the luxury real estate market, an interview with REALTOR® of the Year Sue Miller, … Continue reading →

Morning Minute: More homeowners believe now is a good time to sell, NAR reports

IARbuzz.com Blog - Tue, 06/27/2017 - 1:05pm
Seventy-one percent of homeowners believe that now is a good time to sell their home, up from 69 percent earlier this year, according to the National Association of REALTORS®’ (NAR) quarterly Housing Opportunities and Market Experience (HOME) Survey. On the … Continue reading →

REALTORS® target point of sale inspection policy in Beach Park

IARbuzz.com Blog - Mon, 06/26/2017 - 3:26pm
REALTORS®, more than anyone, know how complicated and fragile the home selling process can be. Every step of the home selling process, from contract to closing, and everything in between, can complicate and derail a home sale.  Introducing another prerequisite … Continue reading →

Illinois REALTORS® mourns loss of Danville board’s Borgwald

IARbuzz.com Blog - Mon, 06/26/2017 - 10:02am
NOTE: Updated with service information below Illinois REALTORS® mourns the loss of Debbie Borgwald, association executive of the Danville Area Board of REALTORS®. Borgwald, 57, died late Sunday, and served on numerous committees for the association, including Professional Standards, Association … Continue reading →

Goldberg to succeed Stinton as NAR CEO

IARbuzz.com Blog - Mon, 06/26/2017 - 9:53am
Following an extensive national search, the National Association of REALTORS® has selected Bob Goldberg to be its next chief executive officer, starting in 2018. Goldberg will be the association’s 12th chief executive officer since its founding in 1908. He’s been … Continue reading →

Sullivan advocates for property tax freeze during Committee of the Whole meeting Friday

IARbuzz.com Blog - Fri, 06/23/2017 - 5:16pm
The Illinois General Assembly has been back in Springfield this week for a special session, and Illinois REALTORS® Director of Legislative and Political Affairs Julie Sullivan testified before a Committee of the Whole held in the Illinois House on Friday. … Continue reading →

Illinois REALTORS® Global Business Council to host Ghana delegation next week

IARbuzz.com Blog - Fri, 06/23/2017 - 2:43pm
Illinois REALTOR® Vicky Sampah is spearheading an effort to help a delegation from the Republic of Ghana learn about real estate industry regulation. The delegation is scheduled to visit with Sampah and other REALTORS® in Chicago next week. Two years ago, … Continue reading →

Morning Minute: Low mortgage rates hold steady this week

IARbuzz.com Blog - Fri, 06/23/2017 - 11:43am
Homebuyers are finding that year-to-date low mortgage rates are continuing to hold steady, Freddie Mac reported this week. A 30-year, fixed-rate mortgage averaged 3.90 percent and the 15-year, fixed-rate mortgage averaged 3.17 percent this week. Read more from Freddie Mac. … Continue reading →

Elwood nixes 2-year old fire sprinkler mandate

IARbuzz.com Blog - Fri, 06/23/2017 - 10:14am
It all started with a text message. Nearly a year later, the village of Elwood killed a policy mandating costly fire sprinkler systems be installed in all new residential construction. The move on Wednesday is significant because Elwood stood alone … Continue reading →