Case Study: Schiller v. HomeServices of Illinois, LLC, et. al. 2024 IL App (3d) 220405 Broker plaintiffs filed suit against the defendant, their prior brokerage, alleging breach of contract and a violation of the Wage Act in relation to compensation due after they had left the brokerage. The appellate court reviewed the office policy [...] The post Broker plaintiffs alleges breach of contract and a violation of the Wage Act after leaving brokerage appeared first on Illinois REALTORS ..read more

Case Study: Morningstar v. Robison 527 P.3d 241 (Wyo. 2023) The Supreme Court of Wyoming overturned a lower court’s ruling that awarded only monetary damages to the buyers in a breach of contract dispute. The buyers had sought specific performance under their purchase contract and the Supreme Court of Wyoming agreed with them. The [...] The post Supreme Court of Wyoming overturns ruling in a breach of contract dispute appeared first on Illinois REALTORS ..read more

Chicago City Council recently approved a bond measure to help fund affordable housing and economic development programs for the next five years. A total of $1.25 billion was approved for use of general obligation bonds to be used for affordable housing, economic development, and homeownership programs over the next five years. The use of [...] The post REALTOR® Support Helps Pass Affordable Housing and Homeownership Bond Program appeared first on Illinois REALTORS ..read more

Core CE is back at Spring Conference & Expo! Register by May 3 to take advantage of early bird rates for Spring Conference & Expo, May 14-15 at the Gateway Center in Collinsville! Watch this video for a preview of the CE and session content. We look forward to seeing you there! [...] The post Video: Core and Elective CE and more await at Illinois REALTORS® Conference & Expo appeared first on Illinois REALTORS ..read more

Congratulations to Illinois REALTORS® Brandon Blankenship, Viktoriia Kovel and Melanie Miller for being named to REALTOR® Magazine’s 30 Under 30 Class of 2024. The finalists were selected from approximately 300 applicants.  These young entrepreneurs are being recognized for their resilience, adaptability, innovation and dedication to serving their clients.  Blankenship is a broker with Keller [...] The post Blankenship, Kovel and Miller named to REALTOR® Magazine’s 30 Under 30 class of 2024 appeared first on Illinois REALTORS ..read more

March year-over-year home sales fell in Illinois as the number of available homes dipped to its lowest mark since 2008, according to data from Illinois REALTORS®. In March 2024, statewide home sales (including single-family homes and condominiums) of 10,024 homes sold was 11.9 percent lower than the 11,374 sold in March 2023. There were [...] The post Shrinking inventory again stymies Illinois home sales, this time during March appeared first on Illinois REALTORS ..read more

Listen to today's podcast as Senior Director State Government Affairs Jimmy Clayton discusses the key housing issues at stake during the General Assembly's spring session. This message, and more insightful information, was originally delivered to the more than 600 members who attended Capitol Conference in person. President Matt Silver guest hosts this [...] The post Clayton’s legislative briefing explains REALTORS® strategy on housing and more appeared first on Illinois REALTORS ..read more

Today's video shows how important our lobbying is for your business, your clients and our nation. Every aspect of real estate is affected by the decisions of elected officials, so it's critical for them to understand our ideas and concerns. Learn more. The post REALTORS® have been working hard to make our voices heard from city halls to the nation’s capital appeared first on Illinois REALTORS ..read more

Illinois REALTORS® recognized 14 of its new members in the REALTORS® Political Action Committee (RPAC) Hall of Fame and celebrated new milestone levels reached by four previously inducted members Wednesday at the 2024 Capitol Conference in Springfield. Inducted into RPAC Hall of Fame To become Hall of Fame inductees, REALTORS® must reach an aggregate [...] The post RPAC Hall of Fame inducts 14 new Illinois REALTORS® members and honors four others for new milestones appeared first on Illinois REALTORS ..read more

Illinois REALTORS® made their presence known in Springfield Wednesday during the 2024 Capitol Conference. The main event kicked off at the BOS Center and featured national political analyst, commentator and podcaster Michael Steele. In addition to mingling with several hundred REALTOR® members during his unconventional presentation, the former chair of the Republican National Committee [...] The post Steele and Clayton motivate, inform REALTORS® in advance of their visits to the State Capitol Complex appeared first on Illinois REALTORS ..read more