Cover Story

Make Your Agents Excel

Roseann Schumacher was a relatively new agent when she discovered that one of her two managing brokers/partners would be leaving. After she had been at Century 21 Langos & Christian for just five years, one of the co-founders wanted

Why Is Your Managing Broker the Greatest?

On Facebook and Twitter, we asked agents why their managing broker was the greatest managing broker ever, in their opinion. We received several great responses. Here are a few of the several we received: Rose Muñoz-Dante, Baird & Warner,

Reputation, Motivation and Education: What Are Managing Brokers Actually Managing?

Today is my first day as the new managing broker of one of our brokerage offices. For six years, I’ve been a real estate agent. A year ago, I got my broker’s license. Since New Year’s, I’ve been “training”

6 Ways to Groom Top Agents

Want to train your agents to be even better? Do these six things: 1. Set Goals. Having concrete goals empowers employees and keeps them focused on work. They might not want to attain top producer status, but what do

Customized Leadership

David Wolf has had a whirlwind few years. He went from being a team leader of seven real estate professionals to president of sales at Related Midwest to the president of Related Midwest’s new boutique real estate brokerage, Related

The Truth About Appraisals in Today’s Housing Market

Mark Zipperer, the broker/owner of RE/MAX Edge in Wrigleyville, felt pretty confident about the condo he was selling in Buena Park. Not only was the condo on the 17th floor in a building that he knows intimately; not only

Soundbytes on the Appraisal Process

“In my opinion, the appraisal process is having a huge dampening effect on a market that is trying desperately to recover to some semblance of normalcy. How will we ever see appreciation again if this continues? ”  Jim Hourican, INproperties

4 Ways to Fix Appraisals

Earlier this year, the National Association of Home Builders (NAHB) released an extensive white paper that analyzed every aspect of the home appraisal process. Concluding with recommendations for reform, the NAHB described the current appraisal system as a “dysfunctional”

How to Become an Appraiser

Think you can do better than the appraisers you work with now? What standards and certifications are required for meeting state approval? To get an idea, we took a look at the Real Estate Appraiser Licensing Act of 2002,

What Does Luxury Mean in 2013?

The luxury home market has been on a slow, sustainable path to recovery for the last two years. How has the luxury market changed? How hasn’t it? Do luxury buyers want the same things? Three experts in the luxury

Highest List Price Per Year by County

What were the highest priced listings in Chicago’s various counties from 2008 to the present day? And what did they ultimately sell for? See our infographic below for some

Trends of the Affluent

What do luxury homebuyers expect from your marketing efforts? your brokerage? what words resonate with them when reading listing descriptions? See below for the top trends of the affluent, pulled from the Harrison Group Survey and “Rich Buyer, Rich Seller,”

The Right Way to Price Properties

@properties Broker Associate Kim Kerbis cringes when she recalls one of the listings she had on the market the longest during her career. The listing was placed on the market right at the time when the market was at

The Price is Right – And This Tool Proves It

If everything else in the neighborhood is getting seen five times a week and yours only twice a week, that is not necessarily a good thing. In this type of scenario, the seller will often come to the agent

Monthly Average List-to-Sell Prices

Month to month through the years, what is the average listing price for an average Chicagoland home, and what does it actually sell for? LeapRE gathered data from all six Chicagoland counties and found the average list and sale

Year Over Year Average List-to-Sell Prices

How far apart are average list-to-sell prices, and what does that say about the market? Are properties really decreasing their days on market? LeapRE pulled data from the MLS to find the average list price, sales price and days

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