Illinois Association of Realtors

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Illinois REALTOR® Weekly Connection

News and resources for Illinois REALTORS®

February 19, 2013

Education and Training

Need Broker Management CE by April 30? IAR Can Help You Keep Your License
The Illinois Association of REALTORS® will hold a series of five, two-day classes designed to get managing brokers the 12 hours of broker management continuing education credit they may need to retain their license by the April 30 deadline. IAR offers the classes in an interactive online format for $159, or you can attend the classroom sessions at the Association’s Springfield office for $139. The sessions will be

Learn more today about these classes, meet the instructors and check to see if you fall into the category of those needing to get broker management CE credit completed by April 30. Check out the Broker Management CE Website for full details, or call IAR’s Career Counselors at (217) 529-2600.

Managing Brokers, Did You Get Your Yellow Card in the Mail?
The Illinois Department of Financial and Professional Regulation (IDFPR) has opened the renewal for Illinois Managing Broker licensees. April 30 is the deadline and IAR has guidelines, CE requirements and a new webinar option for the Broker Management CE (required if you transitioned your license by Proficiency Exam). 

Legislative & Advocacy

NEW! REALTOR® Community Activist Toolkit
It is critical for REALTORS® to get involved particularly in their local communities. Learn how to be a local “watch-dog” and get involved in local government budget development with RVOICE's new toolkit

IAR Testifies Against Crime-Free Housing Legislation 
IAR opposes legislation that would allow counties or municipalities to adopt ordinances imposing additional requirements on landlords including residential rental licenses and public safety and crime prevention inspections for property owners. Read more in the latest State Capitol Report.

Sales and Marketing

February Lunch and Learn Webinar: Office Anywhere
Join noted technology expert G. William James at 11:30 a.m. Thursday for the latest webinar in IAR's Lunch and Learn series. In this one-hour webinar, you will learn about free services you can use to enhance your ability to market and sell. The webinar is free for IAR members. Click this link to learn more

REEF Scholarship Deadline is April 1
Applications for the Real Estate Educational Foundation’s (REEF) Academic scholarships must be submitted by April 1, 2013. These scholarships provide financial support to talented college students and real estate professionals. Since 2000, REEF has awarded scholarships totaling over $308,200. Learn more about these and other REEF scholarships at

Know a REALTOR® Who is a Good Neighbor?
NAR is looking for REALTORS® who impact their communities through volunteer work for the 14th annual Good Neighbor Awards. Five winners from around the country will be selected. Nomination entries must be received by May 20. Learn more.

Industry News and Trends

Nation’s Housing Inventory Continues to Drop
U.S. housing inventory, already at an 11-year low by the end of 2012, fell even more in January, the Wall Street Journal reports. "There were just 1.48 million homes listed for sale at the end of January, down by 5.6% from December and by 16.5% from one year ago."

RealtyTrac: U.S. Foreclosure Starts Hit Six-Year Low in January
Nationally, foreclosure starts in January were down 28 percent compared to a year ago and marked the lowest level since June 2006, according to the latest RealtyTrac report.  In Illinois, a judicial foreclosure state, a jump in auctions pushed the state's foreclosure rate higher. But the Chicago Tribune reports that while Chicago-area foreclosure starts were up compared to December, they are down compared to a year ago.

Market Stats and Research

Coming Thursday: January Illinois Home Sales
IAR will release its January home sales report at 8 a.m. Thursday. As an IAR member, you will find additional resources in Members Only Market Stats including talking points, the latest forecast and county-by-county information with an interactive map and sortable stats (login required). 

Ten Remodeling Projects With the Biggest Returns
Help your sellers get more remodeling bang for their buck. The 2013 Cost vs. Value Report finds that adding a steel replacement entry door brings homeowners the greatest return on investment at resale. See what other improvements make the list.

Legal Issues

Feb. 28 IAR Legal Webinar: Who’s Your (Sponsoring) Broker or Which Team Am I On?
Join IAR Chief Legal Counsel Steve Bochenek and Legal Hotline Attorney Betsy Urbance as they discuss issues involving teams, brokerage company affiliations, sub-contracting and related issues in this one-hour legal webinar that begins at 9:30 a.m. Save time the morning of the event by testing your IAR member login now to make sure you don't have any trouble logging in. 


March 1
NSBAR Mini-Convention is March 1. Come see IAR and get in the RPAC raffle in the Expo at the NSBAR Mini-Convention "Take Charge of Your Tomorrow" on Friday, March 1, 9 a.m. to 5 p.m. at the Northbrook Hilton. Click here to register.  (Disclaimer: The Illinois REALTORS® Political Action Committee (RPAC) solicits contributions from IAR members only.)

March 27
Early bird deadline for IAR Spring Conference, May 8-9 in Collinsville. Register now and IAR members pay only $99.

April 15
The Illinois Housing Leaders Conference will be held in Springfield. 

April 16
Get involved and attend this year's Capitol Conference "REALTOR® Lobby Day" in Springfield. 

April 16-18
IAR Business Meetings will be held in Springfield. 

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