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.

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The Families First Coronavirus Response Act: What You Need to Know

On Wednesday, March 18, Congress passed H.R. 6201, the Families First Coronavirus Response Act. This act provides support to American workers, families, and businesses by expanding family and sick leave, refundable tax credit and more. This bill will help support small businesses and self-employed individuals during these uncertain times. Here are the sections that REALTORS® […]

IDFPR Extends Broker License Renewal Deadline to September 30

On Wednesday, March 18, the Illinois Department of Financial and Professional Regulation (IDFPR) announced the extension of renewal dates and continuing education (CE) deadlines from the original date of April 30, 2020, to September 30, 2020. Also, any pre or post-licensing courses that were required to be done in a  live classroom will now be […]

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COVID-19 Addendum to Purchase and Sale Contract Now Available

The COVID-19 Addendum to Purchase and Sale Contract can be used as an addendum to an existing contract should delays have occurred as a result of COVID-19. (i) The parties to each deal are not required to use the addendum or alter their contracts; and (ii) if they do use it, they need to negotiate the addendum […]

Interest Rate Impact | WBBM Real Estate Feature

Each month, we release a series of PSAs through WBBM Radio to help home buyers and sellers make informed real estate decisions. Each feature includes specialty advice from real estate experts, voiced by past president Matt Silver, Urban Real Estate. We encourage you to share these with your clients! Interest Rate Impact Knowing your interest rates will […]

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Shape your community’s future during the 2020 Census

The 2020 Census questionnaire is now available for everyone in the U.S. and five territories to complete! By taking a few minutes out of your day to complete the form – and encouraging your clients to do the same! – you will be helping to shape your community’s future and becoming a community champion. The […]

Reducing Food Waste

The U.S. Department of Agriculture estimates that between 30 and 40% of food produced in the U.S. is thrown away. In 2016, the USDA and EPA set a goal of reducing food waste by 50% by 2030. Here are some tips to help us reach those goals.

COVID-19 Information & Resources

Your health and safety are of the utmost importance to us. We are closely monitoring the spread of COVID-19 (known as the coronavirus) and its impact on our community. As COVID-19 is predominantly spread through close contact, out of an abundance of caution, we are implementing further precautionary measures in response to Centers for Disease […]

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Chicago REALTORS® Meet with Representatives from the ARO Task Force

On Monday, March 9, a focus group made up of Chicago REALTORS® met with representatives from the City of Chicago’s Affordable Requirement Ordinance (ARO) Task Force to provide feedback and concerns about the program. Task Force attendees included co-chairs Alderman Harry Osterman and Alderman Byron Sigcho Lopez, alongside Edgar Flagg of the Resurrection Project and […]

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March 2020 Advocacy Update

Affordable Requirements Ordinance Update The City has commissioned an Affordable Requirements Ordinance (ARO) Task Force, to recommend changes and updates to the current ARO. Their recommendations, due by June, are expected to modify the current ARO to increase the in-lieu fee and possibly increase on-site minimums. While the City did not place REALTORS® on the ARO […]

YPN Breakfast: February 2020 Top Producer Panel

On February 26, 2020, we hosted our monthly YPN breakfast where we devoured tons of advice from a panel of Chicago top producers. You can check out photos from the event on the YPN Facebook page! READ KEY TAKEAWAYS: GET A BUSINESS COACH. A business coach has become the newest, greatest team member for each […]

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Make the Most of March With These 5 Member Benefits!

For you to be the best in the business, you need the proper tools, tips and coursework to guide you. That’s where the Chicago Association of REALTORS® comes in. Make the most of your membership by taking advantage of all the benefits designed to make your job easier and your clients happier. From classes and […]

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CAR West Market Outlook Shares a Look Ahead for Western Suburbs

On the afternoon of Thursday, February 27, CAR members in the western suburbs gathered at Paisans Pizza in Berwyn to hear from local and state-wide professionals about the upcoming year ahead. Discussions focused on government affairs, an update from MRED and IDOT, and an overview of the upcoming year for the city of Berwyn. Here […]