Chicago REALTORS® Blog & News

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IAR Creates the Consulate General Liaison Program

IR recently launched its new Consulate General Liaison Program to better “position the REALTOR® community as a leading source for service and information for a growing global clientele.” In its pilot phase, IR had identified several members who have a history in working with Consulates General on programming, trade missions, outreach and more, to create […]

Market Snapshot: January 2016

 C.A.R.’s market snapshot helps prepare you to answer questions about Chicago’s real estate industry, while projecting confidence and consistency as a voice for Chicago REALTORS®. If you would like to discuss any of your upcoming media or other public speaking opportunities, contact Jessica Kern, Director of Marketing & Communications or Maria Dickman, Communications Specialist. Market Snapshot […]

IDFPR Eliminates Paper Renewal Notices and Licenses

Effective immediately, the Illinois Department of Financial and Professional Regulation (IDFPR) will no longer issue paper renewal notices and licenses. All documentation will be done electronically, with the goal of increasing efficiency, reducing costs and providing a better experience for licensed professionals. Licensees will now be able to renew their license quickly and easily online; […]

Proposed Changes to the Chicago Zoning Bonus Ordinance

On Thursday, Feb. 18, 2016, Mayor Rahm Emanuel announced an initiative to further drive neighborhood development. The proposal seeks to reform an existing ordinance to allow developers to obtain additional square footage for construction projects in the downtown area, in exchange for investments that support neighborhoods in need. The City’s current Zoning Board Ordinance enables additional […]

Commonly-Missed Tax Deductions and Other Tax Tips for Realtors

On Wednesday, February 17th, the Women’s Council of REALTORS® – Chicago Chapter held a Wealth Symposium featuring a panel which included Alfred Dynia, Dynia & Valente, LLC, Attorneys at Law. Dynia presented some great tax tips for REALTORS® and was kind enough to provide us with some to share with you. As always, keep in mind that not all […]

Understanding Cultural Nuances with Global RE Council

Throughout Chicago, diversity is everywhere you turn. With that in mind, Global Real Estate Council hosted a panel of experts to help educate REALTORS® on interacting with clients of diverse backgrounds. We welcomed panelists Omer Ahmed, Abaris Capital Advisors, LLC, Michelle Shang, Unity Realty Inc., and Ricardo Morales, RE/MAX 10, to give insight into navigating the Middle […]

Industry Partner Initiative Receives Accolades

C.A.R.’s Industry Partners program was recently spotlighted as one of NAR’s REALTOR® Action Center’s “Success Stories,” which highlights inspirational and precedent-setting community outreach and advocacy efforts. The article notes C.A.R.’s efforts to advance diversity in the past year, including hiring staff dedicated to multicultural outreach; forging formal partnerships with local minority real estate organizations; and welcoming a number […]

A Cloud Tax Win for REALTORS®

  We’re pleased to announce that coordinated efforts between the Chicago Association of REALTORS®, our fellow local REALTOR® Associations, IAR and MRED were successful in attaining a positive Private Letter Ruling from the City of Chicago, exempting REALTOR® data from being assessed a cloud tax based on exemption 11 (the de minimus use and transfer […]

C.A.R. Member Advisory: SentriLock One-Day Codes Return to MORe

Mainstreet Organization of REALTORS® is bringing back One-Day Codes. They will be available for use starting Wednesday, Feb. 3rd. Details: One-Day Codes are designed to provide access to a SentriLock lockbox by a non SentriLock user who wants to have access to a listing. One-Day Codes were eliminated by MORe almost two years ago due […]

2016 Market Outlook: Tools for You!

Key Takeaways 2015 was a great year for housing. Looking forward to 2016, here are some trends REALTOR.com® chief economist Jonathan Smoke wants you to keep in mind: Real Estate Is Cool, Again Real estate fundamentals have shifted solidly towards a stronger and healthier market. Chicago is an affordable large market (median list in November […]

Is Your Exclusive Sale Listing Agreement the Full Bundle of Rights?

Is Your Exclusive Sale Listing Agreement the Full Bundle of Rights? by James A. Hochman, Arnstein & Lehr The longer I am in the profession of representing real estate brokers, the more amazed I am to learn of the many ways, and new ways, that sellers seek to avoid or reduce their liability for sale […]