Chicago REALTORS® Blog & News

Welcome to the Chicago Association of REALTORS® blog and news hub. Explore magazine articles, industry updates and more. You can filter by category or tag based on your interests.

2025 Purchase & Sales Contract Updates & Training

This year, Chicago-specific purchase and sale contracts and the Multi-Board 8.0 contract are undergoing significant updates. These documents are fundamental to navigating complex transactions for homebuyers and sellers. Below, you’ll find training and resources to help you navigate the changes and updates to these forms so you and your colleagues are prepared to utilize them. […]

December 2024 Market Snapshot

*The City of Chicago Market Snapshot represents the residential real estate activity within the 77 officially defined Chicago community areas as provided by the Chicago Association of REALTORS®. STATE OF THE MARKET INVENTORY DOWNLOAD AND SHARE THESE GRAPHICS ON YOUR SOCIAL MEDIA PROFILE! Download Here Download Here Download Here Download Here Download Here

Winter 2025 Chicago REALTOR® Magazine

The latest issue of Chicago REALTOR® is now available. Enjoy the content in the format of your choice. You can find the digital PDF flipbook below, with links to blog-format articles. Chicago REALTOR® members will receive a printed copy in the coming weeks!

Winter 2025: Editor’s Note

I love our annual leadership issue, which takes a deep dive into our president, Erika Villegas, and introduces our new Board of Directors. Our volunteers dedicate an extraordinary amount of their time to ensure your success. Take a moment to get to know them—their guidance shapes the offerings that make your association experience even more […]

Staying Sharp In Real Estate: Tools and Tips for Daily Market Mastery

According to the National Association of REALTORS® 2024 Home Buyers and Sellers Generational Trends Report, REALTORS® remain the most-used information source in the home buying and selling journey. As that most-used resource, it’s important to remain knowledgeable for your clients. Much like how you keep up with the industry and our 77 communities through industry […]

Dispute Resolution: A Member Benefit To Save You Time & Money

As REALTORS®, we are guided professionally by the Code of Ethics, which ensures that we cooperate with one another and work in the best interest of our clients. This sets us apart from other real estate professionals. Even with the best intentions, planning and preparation, internal disagreements may arise between REALTORS® and/or between REALTORS® and […]

Introducing 2024-2025 President Erika Villegas

It’s 2006. An Illinois Predatory Lending Database Pilot Program called House Bill 4050 was signed into law. Long before it passed, many REALTORS® recognized the unintentional negative impacts the bill would have on consumers and their credit history, and the REALTOR® “Calls For Action” were underway. Just a year before this, in 2005, Erika Villegas […]

Meet the 2024-2025 Board of Directors

WAYNE BEALSEXIT STRATEGY REALTY What’s your favorite place in Chicago and why?There are too many to name, but if I had to pick one, the Garfield Park Conservatory is my favorite. My family and I love the tropical feel on a cold winter day, visiting plants we’ve known their whole lives and, of course, the […]

Winter 2025: President’s Perspective

Since the beginning of my career, I’ve had the incredible opportunity to surround myself with industry leaders. For me, it all began in the mid 2000’s when I responded to a Call For Action to help overturn a discriminatory law called House Bill 4050. Seated at the table were inspiring individuals like Frank Williams, Rafael […]

Winter 2025: From the CEO

A s real estate professionals, I want you to ponder the question: What kind of legacy do I want to leave? Each day, your work shapes communities, builds foundations for families and transforms dreams into realities. It’s also a responsibility. For those who aspire to a legacy of leadership, our association offers paths to make […]

In Memory of Hall of Fame Inductee Daniel Levin

Daniel Levin, Chicago Association of REALTORS® 1997 Hall of Fame inductee, passed away on January 11, 2025, at the age of 94. Levin was the founder and chairman of The Habitat Company, which was founded in 1971 and guided by Levin’s belief that housing is more than buildings—it is an investment in people and neighborhoods. His properties […]

Code of Ethics Amended: Changes to Agent Ownership/Interest Disclosure

Article 4 of the REALTOR® Code of Ethics, dealing with agent-owned/interest disclosure, has been rewritten. Before it was revised, Article 4 had different requirements that triggered a written disclosure depending on whether the REALTOR® was on the buy-side or sell-side. The old version was also ambiguous about whether a written disclosure was required in a […]