Posts by Scott Klocksin

The top issues impacting real estate in 2019
The top issues impacting real estate in 2019

The Counselors of Real Estate, an international organization for commercial real estate professionals,...

Home flipping is down, but still very profitable in certain cities
Home flipping is down, but still very profitable in certain cities

The practice of home flipping in the U.S. is declining in strict numbers, even as it grows as a share of all home sales. The theory behind the decline is that home flippers may be pulling back due to fear...

Winners and losers of the Tax Cuts and Jobs Act
Winners and losers of the Tax Cuts and Jobs Act

Before the passage of the Trump Administration’s tax reform measures, experts had predicted that they would disproportionately benefit those in Republican-leaning states in the South and Midwest. The latest research largely supports this prediction, with a few notable exceptions....

A big corporate employer leaves town. Then what?
A big corporate employer leaves town. Then what?

An exodus of corporate jobs doesn’t automatically spell bad news for a suburb’s real estate market. Learn how Hoffman Estates is taking an active role in turning what could have been an economic disaster into a potential boon....

Staying on the right side of Airbnb rules, regs and taxes
Staying on the right side of Airbnb rules, regs and taxes

In Chicago, STRs are governed by a hulking, 58-page ordinance, and there are other restrictions layered on by city regulators and condo boards. So, if you or one of your clients are looking to buy an investment property with an...

People first, then tech
People first, then tech

Though @properties is one of very few independent shops that develops technology in-house, co-founder Thad Wong said they didn’t initially set out with any particular focus on...

If you build it, they will come
If you build it, they will come

Learn how one Dream Town agent rolled up his sleeves and got to work employing his limited programming skills to create a site for his business that uses a custom-built search...

Redfin unveils latest move against buyer agent commissions
Redfin unveils latest move against buyer agent commissions

Redfin Direct has been in testing phases in the Boston market since March, and its next market is expected to be Virginia. The new program provides a way for unrepresented buyers to have a seat at the negotiating table without...

Homeownership up as renter population skews older
Homeownership up as renter population skews older

As the economy has improved, more Cook County residents may be ready to make the transition from renting to owning their homes. A recent report on housing trends in Chicagoland found that after peaking in 2015, the number of renter...

The ‘secret sauce’ of allocating  a marketing budget
The ‘secret sauce’ of allocating a marketing budget

There’s more than one way to look at marketing, and three managing brokers shared their favored approaches with...

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