Articles

  • Nov 20, 2024 | illinoisrealtors.org | Michael Hoerner

    Professional Standards Virtual Workshop The Professional Standards Committee encourages all local associations to send all members who are involved in the professional standards arena to this workshop taking place online via Zoom this January.

  • Nov 1, 2024 | illinoisrealtors.org | Michael Hoerner

    Question: I was recently contacted by an owner of a vacant lot who would like me to list it for sale. All our communication has been via text or email, so I have never met this individual in person. He would like a very quick sale and is willing to list the property below market value. However, he does not want me to place a ‘for sale’ sign on the vacant lot. This seems unusual…what do you think?

  • Aug 29, 2024 | illinoisrealtors.org | Michael Hoerner

    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. Please feel free to call our legal hotline and frequently visit our special webpage – The Way Forward.

  • Aug 23, 2024 | illinoisrealtors.org | Michael Hoerner

    Connecting homebuyers with trusted lenders is one of many ways REALTORS® provide value to their clients. But community lenders can offer more than a loan to help clients achieve homeownership in a tough market. Through membership in the Federal Home Loan Bank of Chicago, Illinois banks and credit unions provide two programs that can be game-changers for low- and moderate-income homebuyers: Downpayment Plus® Program (DPP®) and the Community First® Housing Counseling Resource Program (HCRP).

  • Aug 16, 2024 | illinoisrealtors.org | Michael Hoerner

    SPRINGFIELD, Ill. — Illinois REALTORS® has published an “open letter” to consumers to help explain new real estate industry practice changes that become effective on Sat., Aug. 17, 2024. The letter is being published in major general consumer, community, and ethnic newspapers throughout Illinois, beginning this Sun., Aug. 18. The industry changes are the result of an agreement negotiated earlier this year by the National Association of REALTORS® (NAR) to settle litigation from October 2023.

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