NAR adds fair-housing training requirement to Realtor qualifications 

Realtors will be required to complete two hours of training every three years beginning in 2025. 

From young professionals to power brokers

Think of the Young Professionals Network like a locker room for Chicago real estate … a lot of MVPs have passed through its ranks. In this latest feature, we hear from some of those alumni about how YPN changed their lives.

NAR praises FHFA for reductions in loan-level pricing, use of new credit score models

“NAR has long advocated for these reductions, but the benefit of reduced fees to homebuyers is even more important today as we confront the highest mortgage rates in almost two decades.” – Leslie Rouda Smith, President of NAR

Heartland inducts new officers and directors

The Heartland REALTOR® Organization installed new officers and directors at a swearing-in ceremony on Sept. 6.

CAR to induct new board of directors this month

The Chicago Association of REALTORS® is inducting a new board of directors this month and Sarah Ware, of Ware Realty Group, will take over as president.

Decoupling broker commissions could be coming

Agent commissions of the future could look much different than they do today, as a Department of Justice investigation into the issue of decoupling buyer and broker commissions continues, class-action lawsuits are advancing and associations and MLSs are adjusting their policies.

Matt Silver receives Political Involvement Award from Illinois REALTORS®

Illinois REALTORS® Treasurer Matt Silver has received the organization’s Political Involvement Award, recognizing his political and grassroots achievements.

Chicagoland seasonal market less predictable, inventory hits 14-year low

Chicagoland experienced a drop in home sales for both single-family (down 11.2%) and attached homes (down 6.6%) in February, according to a press release from the Mainstreet Organization of REALTORS®.

Consumer Federation of America: ‘Uncouple buyer, seller agent commissions’

The ongoing commission battle has one report calling for changes which NAR says could freeze many out of the homebuying process.

NAR Board of Directors meeting reveals statistics about member dues, operations

As of Sept. 30, the National Association of Realtors (NAR) had collected $229.6 in dues from its 1.542 million members, according to a RealTrends report.

Atlanta, Houston real estate professionals elected to LGBTQ+ Real Estate Alliance executive roles

Atlanta’s Rodney Mason, who serves as vice president of mortgage lending with Guaranteed Rate, was named treasurer of the nonprofit, while Anita Blue, who works as an agent and credit restoration consultant at Cap Tex Realty, was named national vice president.

Atlanta Realtor named president of AREAA

At 37 years old, the new president will be the second-youngest leader of the national nonprofit trade organization, which works to improve the homeownership rate in the Asian-American Pacific Islander community.

Zeke Morris makes history as first African American president of Illinois REALTORS®

“In the coming year, I want us to join together, all 50,000 members, to help make the dream of home ownership a reality for everyone of all income levels, races and genders.” — Illinois REALTORS® President Zeke Morris

Chicagoland REALTOR® associations celebrate new officer inductions

It’s that time of year again! As 2021 slowly winds to a close, REALTOR® associations across Illinois are making annual changes. This includes, foremost, inducting new leadership officers.

Share of international homebuyers fell last year

International buyers purchased 107,000 residential properties from April 2020 through March 2021, marking a 31% decline from the 154,000 residences bought the previous year.

Chicagoland homes hit median sales price of $350K in June

“Here in the Chicago suburbs, we’re seeing developers start to address the shortage of inventory that we’ve been feeling for months.” — MORe Board of Directors President Linda Dressler

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