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Illinois REALTOR® Weekly Connection

News and resources for Illinois REALTORS®

January 2, 2013

January is National Radon Action Month
Find radon resources to share with your clients from the Environmental Protection Agency (EPA) including A Citizen's Guide to Radon and download Basic Radon Facts. Also download Radon Testing Guidelines for Real Estate Transactions from the Illinois Emergency Management Agency and find more resources from their website,

REMINDER: IAR has advised members of the slightly revised Radon Disclosure form that should be used effective Jan. 1, 2013. Click here for the revised Radon Disclosure Form (#422) available for download on the IAR website (login required) or for bulk purchase through the IAR REALTOR® Store, 800-529-2696. In the abundance of caution, listing brokers should begin using the new forms for any listing that does not have a purchase contract pending.

Industry News & Trends

Fiscal Cliff Averted: What it Means for Housing
Congress' approval late Tuesday of a "fiscal cliff" bill includes provisions of interest to the real estate industry including tax rates remaining the same for most households and extensions of the mortgage insurance premium deduction and mortgage cancellation relief. Get the details from NAR.

Mortgage Forgiveness Debt Relief Extended Until 2014
On an issue important to the housing industry, the "fiscal cliff" deal extends the Mortgage Forgiveness Debt Relief Act until Jan. 1, 2014. Sharon Gorrell, IAR Housing Policy Advisor, writes in the IARbuzz blog about why this tax relief is important to an improving marketplace.

November Pending Home Sales Rise Again
Pending home sales rose in November for the third straight month and reached the highest level in two-and-a-half years, according to NAR.  The Pending Home Sales Index rose to 106.4 in November, the highest level since April 2010 when it hit 111.3 as buyers were rushing to beat the deadline for the homebuyer tax credit. Read the NAR news release.

What’s on Tap for 2013 for Commercial REALTORS®
NAR Treasurer Bill Armstrong takes a look at accomplishments and events of 2012 impacting commercial REALTORS®, and what is on tap for 2013 in his commercial podcast. Plus, get insights from commercial agents across the state about the market and what it takes to succeed in the January issue of Illinois REALTOR®magazine, Commercial Corner.

Buzzworthy: The Top 12 of 2012 is IAR's official blog, reporting industry news and REALTOR® member/event highlights. See what the most read posts of 2012 were and sign up to receive daily email updates so you don't miss the latest news in 2013. 

IAR Wants to Hear From You
Beginning Jan. 3, IAR will be conducting a phone survey to a random sample of our members to learn more about your priorities and to evaluate how we are doing. The survey is being conducted by professional interviewers from a company called Mountain West. If you receive a call, we hope you will take the survey.

Legal Issues

Leasing Activities Top the 2012 IAR Legal Hotline Chart
Questions on leasing topped the list of topics for the IAR Legal Hotline. Read highlights in question and answer format in the January issue of Illinois REALTOR® magazine. Also find a listing of popular legal issues A-Z on the IAR website (login required).

Sales and Marketing

Conquer Email Overload
How do you weed out the junk, process the high priority messages and organize what you need to keep without consuming too much of your day? Read these tips and solutions to gain control of your inbox once and for all from the January issue of Illinois REALTOR® magazine.

The 20 Best iOS And Android Apps Of 2012
TechCrunch lists the top 20 apps that were released or significantly updated in 2012. Google Maps, Camera Awesome, Brewster Address Book and Pocket are a few of the free apps making the list. See all 20 here

REALTOR® Buyers Guide: 2013 Autos
If you’re looking for a new car, truck, or crossover, 2013 will be a big year to make a new car purchase. Along with new products, such as minicars, manufacturers are offering new safety features, high-mileage technologies and breakthroughs in comfort and technology. Review REALTOR® Magazine’s online buyer’s guide to get the rundown on this year’s hottest models. 


January 14
Register now for the IAR-sponsored Instructor Course Development Workshop on Jan. 14 at three locations including Springfield, Downers Grove and Arlington Heights. 

January 22-24
Find a schedule for the upcoming IAR Public Policy meetings being held in East Peoria. 

January 22
It will be a Wizard of Oz evening for the 25th Annual RPAC Auction being held on Jan. 22 in conjunction with IAR Public Policy meetings in East Peoria. Auction items include: an iPad, mini iPad, Kindle Paperwhite, golf outings, dinner and theater packages, Odyssey Chicago Brunch Cruise, Rusty Wallace Racing experience and more!

March 12-15
MIPIM International Show - Cannes, France

MIPIM (Marché International des Professionnels de l'Immobilier), an annual international show for real estate professionals, is offering discounted registration fees to U.S. REALTORS®. Get details.

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