Weekly 7-30-13

Illinois REALTOR® Weekly Connection

IAR Debuts Website, Video Opposing Fire Sprinkler Mandate

The effort to stop a mandate that would cost Illinois homebuyers millions by requiring installation of fire sprinklers in new residential construction and in older apartment and condo buildings has gained strength. More than 2,700 of IAR's members have answered a call for action, and the association launched a website, Nosprinklermandate.com. Watch a short video that outlines the top reasons why this policy would hurt Illinois residents. 

Stand Out by Offering More Value to Your Clients

Don't miss Wednesday's IAR Lunch and Learn Webinar, "Steps to Building Greater Business Value," with John D. Reyes. In this FREE one-hour webinar for IAR members, Reyes will share tips for using data, video and other tools to take your business to new heights. There's still time to register for this noon webinar.

Let's Talk Real Estate Aug. 7 with Congressman Bill Foster

RSVP now for the first in a series of IAR meetings with members of Illinois' Congressional delegation on Aug. 7 with Congressman Bill Foster (IL-11) in Woodridge.  The "Let's Talk Real Estate" meetings will allow  REALTORS® to discuss industry issues and information.Find a list of  upcoming meetings.

Pending Home Sales Slip Slightly From May; Still Higher Than Year Ago

Higher interest rates and lower inventory levels impacted U.S. pending home sales in June but NAR economist Lawrence Yun said that while closed sales may edge down in coming months, they will stay above year-ago levels. Read more from NAR.

Survey: Consumers More Confident About Housing Market

Eight-in-ten believe buying a home is a good financial decision and half of renters now say that owning a home is one of their highest personal priorities, according to a new Housing Pulse Survey from NAR. 

Q&A About New Direction for Realtor.com

NAR's Board of Directors has approved big changes to the Realtor.com site including allowing for the display of unlisted new homes, new home communities, rentals and listings from non-REALTORS®.  Read more.

Legal Issues

IAR Legal Hotline Closed July 26-Aug. 2

The IAR Legal Hotline will be closed from Friday, July 26 through Aug. 2, reopening on Monday, Aug 5

Congressional Committee Passes PATH Act; REALTORS® Oppose Fannie/Freddie Changes

NAR opposes legislation recently voted out of the U.S. House Financial Services Committee that would eliminate Fannie Mae and Freddie Mac and reduce accessibility to FHA-backed loans. Learn more about why REALTORS® are opposed with the NAR video and blog post, "Why PATH Approach to Fannie, Freddie Phase-out is Troubling." 

FEMA Video on Flood Insurance Reform

In response to REALTOR® concerns, Congress is considering a one-year delay in rate changes to the National Flood Insurance Program. Need an overview on the Biggert-Waters Flood Insurance Reform Act of 2012? The Federal Emergency Management Agency has released a video.

Half-Day Social Media Training Sept. 17, Chicago

Illinois YPN has partnered with SoMe Connect on their inaugural innovative social media training event for real estate brokers. Leapis a five-hour training event that takes residential real estate professionals through the process of molding their personal brand, creating and individualizing their social media profiles, optimizing their placement on web searches and formulating a comprehensive social media strategy. Attendees will spend the day working closely with industry leaders and social media and digital media marketing experts of SoMe, a full service media and digital media agency in Chicago. Learn more and register online at www.someleap.com.

Need One More Reason to Attend IAR Fall Conference & Expo?

"State of the art education helping me to serve my valued clients better," says REALTOR® Dale Taylor, GRI, RE/MAX All Properties, New Lenox. Click hereto see everything that this year's IAR Fall Conference & Expo, Oct. 1-3, has to offer. Register by theSept. 4 early-bird deadline and IAR members pay $125.

Simplified Tax Option for Those with a Home Office

If you use a home office for business, the IRS now offers asimplified option for the home office deduction for the 2013 tax year. 

We Need Your Help

Have you hired an assistant? What are some of the challenges you faced and what are some sound strategies that agents can use to get through the process? Tell us your tips and you could be featured in an upcoming Illinois REALTOR® magazine article.



Let's Talk Real Estate with Members of Congress begins Aug. 7 with a meeting with Congressman Bill Foster. RSVP and find a list of upcoming meetings

September 30

REEF Golf Outing in St. Charles. Plan on attending a golf outing to benefit the Illinois Real Estate Educational Foundation (REEF). Registration form (pdf) | Sponsorship form (pdf)  

October 1

REbarcamp 2013 powered by Illinois YPN, St. Charles
1:00 - 4:30 p.m. | 4:30 - 5:30 p.m. After Party

October 1-3

IAR Fall Conference & Expo in St. Charles. Click here for speaker details and save these dates for "The Power of R,"Oct. 1-3. Get the best rate by registering before the Sept. 4early bird deadline. 

December 2-5

Register now for the Graduate REALTOR® Institute in Itasca. Visit www.illinoisrealtor.org/GRI and register today. The program comes back to Chicagoland this December with Courses II, III and Grad.