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What technologies do agents rely on day to day?

What apps do you recommend to your clients to help them with any part of the homebuying or selling process? A few agents indicated that they do not have have any: “None. They usually have a favorite they are

The Technology Partnerships Shaping Real Estate

Real estate, like just about every other industry, has seen massive changes over the past decade with the introduction of new technologies. New services, devices and tools have changed agents’ relationships with their clients and colleagues, the way they

The agent-lender relationship: how to leverage one another’s expertise for your clients

The agent-client relationship gets a lot of lip service, as it should. But developing productive relationships with other real estate professionals is just as important as fostering trust with clients, and perhaps no relationship is more important for the

Why FICO is facing challenges – and how the mortgage landscape could change

In use for more than 25 years and the preferred credit scoring system for 90 percent of top lenders, the FICO Score has long been the dominant metric of creditworthiness for auto lending, credit card decisioning and, of course,

Agents on lending: what they really think

We invited local agents to answer a few questions and give us their perspective on the financing process. Here’s what they said: “Being asked to continually update info they have already provided.” “The various loans at their disposal based

A year after TRID: Why some lenders still disapprove, and most borrowers don’t

When TRID came into effect in Oct. 2015, the big fear was a consumer-facing one. “TRID is going to delay loan closings,” the industry said. But it hasn’t – at least not for the majority. In Ellie Mae’s most

The Brexit effect: what is it, exactly?

When Britain voted to leave the European Union back in June, many Americans saw the pound tumble and were left wondering how Brexit could affect them. So what effect did Brexit have on American real estate? In a nutshell,

Developments on the rise in Chicago’s city and suburbs

We reached out to our many homebuilder contacts to get an idea of what developments are happening in Chicagoland. Here’s a look at the new homes that are available or coming soon in the city and the suburbs. Chicagoland

Fall New Construction: How builders thrive in Chicago’s evolving market

Home starts are up; residential construction in the Chicagoland market has seen a massive cash injection this year; and Chicagoland new home construction is at its highest level in seven years, according to Metrostudy. But while starts are on

As affordability crisis rages on, an innovative approach emerges

Nearly half of Chicago adults spend more than 30 percent of their income on housing. Seventy-three percent think that housing affordability is a serious problem. And 67 percent believe it is harder to find stable, affordable housing today than

The most common building code violations, and what causes them

Code violations happen. They do not have to, though, and the better the understanding builders have of each violation and its cause, the better their chances of avoiding them. The National Association of Home Builders released a survey of

8 home design trends to watch for in 2016

What are today’s new homebuyers looking for? A multitude of factors influence the designs, features and materials consumers want. Here are eight trends agents should watch out for and be ready to sell in 2016. According to the American

Swimming Upstream – a conversation with Alex Lange, the CEO of UpstreamRE

When Alex Lange was named president and CEO of UpstreamRE, the broker-owned company aiming to greatly simplify the data management process for real estate professionals, he came with extensive experience in both the tech and real estate worlds. A

What do agents really think of MRED?

We surveyed local agents to learn what they think about MRED: what they like, what they dislike, and what features they think the system is missing. Here is a sampling of the anonymous responses: And here are some thoughts

MRED: the technologies and partnerships shaping the MLS of tomorrow

It’s been more than 18 months since Rebecca Jensen took the helm of MRED as its president and CEO. “From the moment I accepted the president/CEO role at MRED, I was excited by the challenge of assuming the leadership

The do’s and don’ts of property listing descriptions

What are agents allowed to say in their listing descriptions? There actually are no specific rules dictating what a real estate agent can and can’t include in an MLS listing, for the simple reason that there doesn’t need to

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