Review the safety resources provided by NAR to help you stay safe on the job, including best practices, safety tips, training videos and an upcoming live webinar. Listen to today's podcast, which highlights some of the advice given by NAR. If you want more information on available safety resources, go [...] The post Podcast: Reduce your risks with these NAR safety resources appeared first on Illinois REALTORS ..read more

Question: Must a listing broker, when asked by a buyer’s broker, disclose what amount of compensation the listing broker has been authorized by the seller client to offer buyers’ brokers? Doesn’t the listing broker have a duty to disclose this amount when asked? Article 3, Standard of Practice 3-1 of the REALTOR® Code of Ethics [...] The post FAQ: Listing Broker OOC Disclosure to Buyer’s Broker (REALTORS®) appeared first on Illinois REALTORS ..read more

If you’ve ever wanted to better understand the appraisal process or ask why appraisers do things a certain way, register today for the National Association of REALTORS® “Ask an Appraiser” Webinar, at 1 p.m., Sept. 10. This hour-long interactive webinar will feature six NAR member appraisers who will field questions about the real estate [...] The post Register now for NAR ‘Ask an Appraiser’ Webinar, Sept. 10 appeared first on Illinois REALTORS ..read more

Case Study: Palmquist vs Livingston 2024 IL App (2d) 230219 The Second District recently addressed the question of whether a real estate broker and real estate brokerage company could be held liable for their role in assisting a tenant to purchase a home, which resulted in the tenant breaching her rental lease. The [...] The post Real estate broker and real estate brokerage company not found liable for assisting a tenant to purchase a home, resulting in the tenant breaching lease appeared first on Illinois REALTORS ..read more

Now that the long-awaited practice changes are finally here, Your Illinois REALTORS® is here to provide you updates and answer new questions that you have about the required written buyer broker agreements with your clients and the removal of offers of compensation from the MLS went into effect Aug. 17. The post The Way Forward: The changes are here; find the forms and resources you need appeared first on Illinois REALTORS ..read more

Question: Can you clarify if anything has changed regarding open houses? If consumers are walking through an open house that I am hosting on behalf of the seller, do I need to have them sign any type of buyer agreement? Answer: The Illinois Real Estate License Act rules regarding agency are still the same. [...] The post Latest Legal Hot Topics: How recent practice changes affect open houses, scheduling showings and are touring agreements compliant? appeared first on Illinois REALTORS ..read more

Case Study: U.S. v. Rutherford Tenants Corp HUD filed suit on behalf of a complainant regarding a dispute with her Manhattan co-op board (Rutherford) concerning her emotional support animals. Complainant moved into her unit in 1999 with two emotional support parrots. She got a third parrot in 2015. In 2015 Rutherford began [...] The post Probable cause found that co-op board had violated complainant’s fair housing rights appeared first on Illinois REALTORS ..read more

Watch this video for three good reasons why you should join your REALTOR® colleagues in Oak Brook, Sept. 17-20. Look at the Fall Business Meetings agenda and find the sessions that are right for you. The post Acquire tips on explaining your value proposition and growing your business by attending Fall Business Meetings appeared first on Illinois REALTORS ..read more

Listen to today's podcast about all that's offered to members at Fall Business Meetings, featuring 2024 President Matt Silver. If you want to remain successful in a business that is constantly changing and evolving, register now. Then join Silver and hundreds of fellow REALTORS® from Sept. 17-20 at the Hilton [...] The post Podcast: Register now or you’ll miss the REALTOR® event of the season in Oak Brook! appeared first on Illinois REALTORS ..read more

Illinois REALTORS® Local Governmental Affairs Director Kristie Engerman and Peoria Area Association of REALTORS® (PAAR) CEO Jennifer Hamm participated in a panel discussion during NAR’s Commercial Leadership Development Day in Chicago. The panelists told the story of an ongoing collaboration between Peoria REALTORS® and local stakeholders – elected officials, community leaders, law enforcement, pastors, [...] The post PAAR and Your Illinois REALTORS® share with national colleagues how they are revitalizing forgotten Peoria neighborhoods appeared first on Illinois REALTORS ..read more