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New form ready for residential property owners in portions of Cook County

IARbuzz.com Blog - Fri, 03/20/2015 - 11:46am
A new law goes into effect Saturday in unincorporated portions of Cook County which requires sellers of residential properties to verify all parties in real estate transactions have knowledge of the zoning and permitted uses of parcels in their transactions. This verification … Continue reading →

IAR supports U.S. Rep. Kelly and constituents at housing expo

IARbuzz.com Blog - Fri, 03/20/2015 - 11:15am
REALTORS®, lenders, exhibitors and local residents came together at the Faith Baptist Church in Matteson for U.S. Rep. Robin Kelly’s second annual housing expo. Among the REALTORS® in attendance last weekend were: Jim Sim of Frankfort, Dondi Maricle of Bourbonnais, … Continue reading →

Morning Minute: Spring is here! Get your house ready for potential homebuyers

IARbuzz.com Blog - Fri, 03/20/2015 - 10:16am
Cue the daffodils and sunshine. Spring officially kicks off today! If you are selling your home this spring, now is the perfect time to clear out the winter clutter, spruce up your home’s curb appeal and make needed repairs to … Continue reading →

Get Core A continuing education and cooperative resolution tips at IAR Spring Conference

IARbuzz.com Blog - Thu, 03/19/2015 - 3:34pm
Nationally known speaker and instructor Lynn Madison will provide Core A CE training during one afternoon session and will co-host the Professional Standards Breakfast with Chris Read during the 2015 IAR Spring Conference May 6 & 7 in Collinsville. Register … Continue reading →

Repealing like-kind exchange rules could negatively impact real estate

IARbuzz.com Blog - Thu, 03/19/2015 - 3:14pm
As Congress considers tax reforms, it is important that Congress not repeal Section 1031 Like-Kind exchanges that allow real estate investors to defer capital gains tax and income tax when they exchange one business or investment property and replace it … Continue reading →

Two Central Illinois associations will merge on April 1

IARbuzz.com Blog - Thu, 03/19/2015 - 11:37am
The Capital Area REALTORS® (CAR) announced a merger today with the West Central Illinois Association of REALTORS® (WCIAR) as well as both organizations’ Multiple Listing Service (MLS). The combined organization, operating under the name Capital Area REALTORS®, will have 600 … Continue reading →

REALTOR® efforts ensure affordable housing ordinance reflects developers’ needs

IARbuzz.com Blog - Wed, 03/18/2015 - 4:17pm
  The City of Chicago passed revisions to the Affordable Requirements Ordinance after over a year and half of intense, often contentious debate on the future of development of residential units. The ordinance was created 11 years ago and updated … Continue reading →

Postcards mailed in REALTOR® battle against new Midlothian tax

IARbuzz.com Blog - Wed, 03/18/2015 - 3:15pm
The Illinois Association of REALTORS® and the Mainstreet Organization of REALTORS® mailed postcards to Midlothian residents this week, educating voters about why they need to reject this potential new tax. According to IAR Governmental Affairs Director Tom Joseph, the postcard … Continue reading →

Bill to modify ‘Notice by Publication Act’ defeated in committee

IARbuzz.com Blog - Wed, 03/18/2015 - 2:00pm
The Illinois Association of REALTORS® spoke in opposition to House Bill 261 before the House Counties and Townships Committee rejected it. The bill sought to amend the Notice by Publication Act to allow all governmental units to publish any required … Continue reading →

Morning Minute: Rental costs outpacing income growth in many U.S. cities

IARbuzz.com Blog - Wed, 03/18/2015 - 11:56am
Rental costs are rising at a faster pace than household income growth in many U.S. cities and that is making it harder for renters to save money for a down payment and become homeowners, according to a new study by … Continue reading →

IAR Letter to House members tells why sewer inspection bill a bad idea

IARbuzz.com Blog - Wed, 03/18/2015 - 9:22am
IAR continues to press to kill a controversial bill which would require homeowners to pay for a costly sewer inspection before a property sale. The association sent a letter to all members of the Illinois House this week telling them … Continue reading →

IAR’s Handler facilitates property tax discussion

IARbuzz.com Blog - Tue, 03/17/2015 - 10:04am
IAR Government Affairs Director Howard Handler (North Shore, Barrington, Lake County) moderated a joint property assessment forum for the North Shore and Northwest Chapters of the Women’s Council of REALTORS®. On the panel were: Hector Dominguez, Outreach Specialist for Cook … Continue reading →

REALTORS® get great benefits from IAR Capitol Conference

IARbuzz.com Blog - Mon, 03/16/2015 - 5:00pm
Illinois REALTORS® can talk directly with state legislators on April 14 if they sign up for the 2015 IAR Capitol Conference & Lobby Day. IAR members will find it easy to sign up and make a difference for the real … Continue reading →

Nine reasons for IAR members to check the ‘State Capitol Report’

IARbuzz.com Blog - Mon, 03/16/2015 - 9:56am
In addition to the Call To Action to oppose House Bill 1376, IAR members can get the latest news on eight other real estate topics in Friday’s IAR State Capitol Report. Log in and get insights into subjects that affect … Continue reading →

Today is the first day for absentee voting in Illinois

IARbuzz.com Blog - Fri, 03/13/2015 - 5:13pm
If your community had a primary election and you are a properly registered Illinois voter, today is the first day you can submit a completed ballot for the April 7 Consolidated Election, according to the Illinois State Board of Elections. … Continue reading →

IAR uses 4 days and countless ways to improve your global reach

IARbuzz.com Blog - Fri, 03/13/2015 - 2:30pm
IAR representatives who visited the MIPIM conference in Cannes, France the last four days made sure prospective real estate customers recognized the value of Illinois real estate for their personal and business interests. Leading the IAR contingent were (l to … Continue reading →

You may be surprised at what he can tell you about today’s empowered consumers

IARbuzz.com Blog - Fri, 03/13/2015 - 12:56pm
Illinois REALTORS® looking to “Jump Start” their careers by relating better to potential customers should register today for the IAR Spring Conference & Expo in Collinsville May 6-7. Among the featured speakers will be REALTOR® Terry Watson – a nationally … Continue reading →

Morning Minute: Illinois among states to see drop in foreclosure inventory

IARbuzz.com Blog - Fri, 03/13/2015 - 11:01am
Illinois foreclosure inventory fell 39.4 percent in January compared to the same time last year, according to CoreLogic’s January 2015 National Foreclosure Report. The decline put Illinois among the five states that saw the largest year-over-year drops in inventory. Overall, … Continue reading →

Springfield mayoral candidates face off in debate at IAR

IARbuzz.com Blog - Thu, 03/12/2015 - 8:00pm
Springfield’s two candidates for mayor, Jim Langfelder and Paul Palazzolo, squared off Thursday night at a mayoral debate held at the Illinois Association of REALTORS® (IAR) headquarters. During the 90-minute debate, Langfelder and Palazzolo answered questions on everything from boosting … Continue reading →

D.R. Legal News highlights Wisconsin listing issue

IARbuzz.com Blog - Thu, 03/12/2015 - 4:07pm
Managing brokers – If you are not licensed to sell real estate in Wisconsin, a Wisconsin law limits your involvement in the selling or leasing of Wisconsin properties. According to the Wisconsin REALTORS® Association (WRA), a law became effective Jan. … Continue reading →