Weekly 6-4-13

Illinois REALTOR® Weekly Connection

IAR Offers Interactive Licensing Webinars 

Complete the courses you need without leaving home. The IAR Licensing & Training Center is revolutionizing its education programs by offering an alternative classroom format that will appeal to students who want the convenience of learning at their own home or office yet want the interactive experience of a webinar. The 15-hour interactive courses will complete the training for the pre-license Broker licensing course, the post-license Broker course and the Managing Broker pre-license course. Regardless of where you completed your initial pre-license training, you may take the interactive webinar courses to prepare you for the state exam if the course you completed requires taking that exam. The 6-hour Instructor Development course combined with our 6-hour DVD program will prepare instructor hopefuls for their licensing requirement for pre-license instructor, or continuing education instructor.

Industry News & Trends

Help With Oklahoma Tornado Relief

You can lend a hand to the victims of the recent Oklahoma tornadoes by donating to the REALTOR® Disaster Relief Fund. Find information on how you can help from theOklahoma Association of REALTORS®.

Report: Shadow Inventory Still a Threat

There are about 1.7 million homeowners who have missed more than one mortgage payment and if these loans become foreclosures, it could have a negative impact on the market, according to a new report from the Federal Housing Finance Agency and the Department of Housing and Urban Development. Read more.

Will You Help a Hero? Illinois YPN Asks You to Help Give the American Dream

Here's how you can help: RSVP by donation to Illinois YPN's Non-Event on July 4th and all money will go to the non-profit organization Homes for Our Troops, and earmarked for an Illinois project. What is a non-event fundraiser? It's an event that raises money but doesn't have to really exist. The concept is to save guests and the organization both time and money by not going through the trouble of an actual event. Click here to make your donation.

Commercial Outlook Brightens, But Financing Still a Challenge

Commercial vacancy rates have fallen and rents have been on the rise, but tight lending standards are still challenging, particularly for small business, according to NAR's latest quarterly forecast. Read more.

More Reports of Rental "Scraping" Scams

More Illinois REALTORS® are spreading the word about rental property scams. REALTOR® Karen Robertson, president-elect of the Three Rivers Association of REALTORS®, spoke to the Joliet Herald-News about rental scams in her community. The IAR Legal Center recently put out information about Craigslist rental scams.

NAR: Be Aware of Patent Infringement Letters

NAR has received reports from members (including some in Illinois) who have received demand letters from patent trolls claiming violations of a patent for emailing scanned documents. The letters then demand the companies pay a $900-$1,200 license fee per employee. Listen to this NAR podcast with tips and information on this issue.

Successful Legislative Session Ends

The latest State Capitol Report highlights some of the key bills that passed in the spring legislative session including an agreed upon erroneous homestead exemption bill and an amendment that allows auctioneers to collaborate with real estate licensees on real estate auctions, but keeps such auctioning a licensed activity. You can also check the 2013 State Issues Status Report

RPAC Minute: Landlord Issues

In the spring session of the Illinois General Assembly, RPAC helped stop legislation that would have put landlords at risk of losing their property due to the actions of their tenants. Senate Bill 1155 and House Bill 2437 ("crime-free housing" initiatives) were stopped thanks to RPAC and our effective lobbying on this and many other landlord/tenant issues. Contribute today at www.RPACNow.com(Disclaimer: The Illinois REALTORS® Political Action Committee (RPAC) solicits contributions from IAR members only.)

Learn How to Maximize Your Marketing Opportunities to Make More Money

Join Terri Murphy on June 27 for this month's IAR Lunch and Learn webinar, "Mid-Year Makeover: Maximize your Marketing Opportunities with Strategies that Make More Sales." You'll learn fresh marketing ideas, a step by step formula to convert leads into sales and guidelines to help you become a local market expert.Click here to register for this FREE, one-hour webinar that begins at noon.

Download Matthew Ferrara's 10 Top Social Media Tips Webinar

If you missed last week's webinar with tips to help you get more out of social media such as Facebook, IAR members can download a recording (login required). 

Earn a Free Download of "Social Media for REALTORS®: Facebook"

As part of NAR's Member Value Plus Program, REALTORS® who log in to REALTOR® Content Resource by June 15 will earn a free download of this Facebook guide updated in May 2013.

Graduate REALTOR® Institute in Itasca

The GRI program comes back to Chicagoland this December! IAR will offer Courses II and III, Dec. 2-5, at the Westin in Itasca, The two-day GRI Grad program is Dec. 4-5. Registration is coming soon. Download the Course I equivalency application and be ready for Course II this December.

U.S. Pending Home Sales Up in April

Home contract activity is at its highest level since April 2010, right before the homebuyer tax credit deadline, NAR reports. The Pending Home Sales Index rose 0.3 percent in April compared to March and was 10.3 percent higher than a year ago. Gains were even higher in the Midwest, rising 3.2 percent compared to March and 15.1 percent from a year ago.

REALTOR® Confidence Index Rises in April

REALTORS® are growing more confident in the recovering real estate market with 95 percent expecting constant or higher prices in the next 12 months. 


June 18

MREDpaloozaChicagoland's largest real estate tech expo, will be held in Rosemont, Ill. Visit the IAR/RPAC booth.

July 4

Illinois YPN Non-Event benefiting Homes for Our Troops. RSVP at ypn.illinoisrealtor.org.

October 1-3

IAR Fall Conference & Expo in St. Charles. The speaker line-up has been released along with session details for the IAR Fall Conference in St. Charles. Click here for speaker details and save these dates for The Power of R, Oct, 1-3.

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