Cover Story
Many brokerages recognize their top producers with incentives, special trips, awards or even just by noting who’s on top at the weekly sales meeting. But what if the method of recognition also had the potential to help top
It’s been said that the presence of change is the only thing that never changes. Mergers and acquisitions are a kind of change that many agents and brokers have to face at some point in their careers, whether they
Handing over the reins of the family real estate business where you started your career could end up being even more stressful than handing over the keys to the house you grew up in. But Rich Gloor said that
Looking at the larger mergers and acquisitions landscape, it appears many expect activity to heat up significantly this year. Deloitte’s M&A Trends 2019 report, which queried executives at corporations and private equity firms about deal activity in the current
A robust seller’s market has dominated the real estate industry in recent years. Low interest rates compelled many people to buy, while scarce inventory helped push prices up in markets across the country. Those historically low interest rates have
When it comes to getting a clear view of the intersection of real estate and the economy, Lawrence Yun is perfectly suited to the task. The chief economist of the National Association of Realtors recently talked with us to
Though it may feel remote from the day-to-day pressures of running a real estate business, the overall economy plays a vital role in the local residential market. Real estate is a cyclical sector of the economy and one that’s
It’s not easy predicting the future of real estate in Chicagoland. Despite an economy that seems relatively strong, there are headwinds for the industry in 2019. Rising interest rates, uncertainty in global markets, and continuing affordability and inventory issues
While Pantone’s color of the year gets the most attention, many of the big paint companies come out with their own predictions of what colors will be hot in commercial and residential interiors in the next year. Check out
Earning a real estate license fulfills the basic educational requirements for agents to work in the field, but to be successful requires ongoing education and the type of training that only comes from experience. At Fulton Grace Realty, agents
To maintain their real estate licenses, agents are required to complete continuing education — but these courses offer only part of what they need to succeed in the industry and at their individual brokerage. Brokerages can provide further support
With new and expanding brokerages continuing to fight for market share, coupled with a lack of inventory throughout Chicagoland, there are several challenges facing the industry as it enters 2019. Brokerages are in competition to attract and recruit agents
It can be difficult for many agents to take the leap from working alone to hiring an assistant to help. It is even more difficult to find someone who has previous experience in the real estate industry. Once an
Hiring the right assistant, someone who adds value by bringing innovative ideas to work, can help take your business to the next level. A 30-year veteran of the real estate industry, Millie Rosenbloom, broker associate at Baird & Warner,