Ed NeavesWhenever there is a major change in the state’s laws governing real estate, there is a lot of behind-the-scenes work involved for Illinois REALTORS®.

The result of months of work by the association’s advocates and members was the signing into law of the Real Estate License Act (RELA) in August by Gov. J.B. Pritzker. It set new standards for education and professional practice and seeks to clarify advertising and marketing rules.

The governor’s signature launches an extensive rule-making process, as regulators and Illinois REALTORS® work to make sure the law best serves the industry and consumers.

Which brings us to the second – and equally important – part of the post-passage process. Illinois REALTORS® now has the big job of making sure our 50,000 members fully understand the rule changes and what they mean.

In the past few months, the association’s legal team has created a home for all RELA-related updates on the Illinois REALTORS® website. This webpage provides the latest news and guidance on how the changes will affect real estate practitioners in the state.

In addition, the association is working on a variety of education offerings to make sure our members understand how the new law will apply to their businesses.

Making sure REALTORS® have a voice in the rewrite is important. Providing the education on the law’s impacts is one of the many critical “value-adds” your association brings to its members as we enter a new year.