In a recent survey of Illinois REALTORS® membership, 62 percent rated the “condition of the Illinois state economy and the overall economic environment” as the business or real estate issue that worries them most. This response was nearly three [...]
In March, an Illinois REALTORS® delegration traveled to Cannes, France, to attend MIPIM, one of the largest international real estate conferences in the world. Ten REALTORS® with an interest in international real estate applied for and received stipends through [...]
Many consumers say sustainability and energy efficiency are factors they take into consideration when shopping for a home. According to the National Association of REALTORS® report, “REALTORS® and Sustainability 2018,” agents and brokers said 61 percent of clients are [...]
In Illinois, licensees operate under the presumption of designated agency. This means the licensee is the legal agent and owes fiduciary-like statutory duties to the client with whom she is working. These duties are set forth in Section 15-15 of [...]
Stay on the Right Side of the License Law with Your Team Real estate teams may be an increasingly popular business model but remember that the Illinois Real Estate License Act applies and affects how teams can operate like a [...]
Real estate brokerage teams are clearly here to stay. Some are big. Some are smaller. They are different things to different companies. No matter how many teammates, or what size the team is, to the extent that they contain licensees, [...]
Summer means peak real estate season and with lower-than-normal inventory levels, buyers looking for a first-time, move-up or vacation home could find a particularly competitive market. That’s because the warm-weather activity has home sellers entertaining multiple offers and buyers [...]
The July issue of Illinois REALTOR® should be arriving in your mailbox any day, but if you want an early look or you want to read the latest stories on your digital device, check out the digital version available now. [...]