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A Wealth of Positive Signs for the Luxury Market

The outlook is good for the luxury real estate market, according to The Institute for Luxury Home Marketing’s Housing Report for the first week of April 2016. Although it’s currently a “buyer’s market,” according to The Institute’s “Market Action

Managing Broker Expectations: Two Perspectives

How do agents’ and managing brokers’ expectations around the role differ? To answer that question, we reached out to an agent, Carmen Rodriguez of Coldwell Banker, and a managing broker, Bill Gill of Baird & Warner’s Naperville office. The

A Century of Change in Chicago’s Demographics

The Great Migration – the six-decade movement that saw more than six million African Americans migrate from their homes in the South to states in the North or West – was one of the 20th century’s most significant events,

Creating New Opportunities in Chicago Housing with Warren & LaShawn Davis

How Warren and LaShawn Davis Give Back to the Community and Educate Chicagoans on Homeownership It was in 2014 when Warren and LaShawn Davis, a husband-and-wife real estate team with RE/MAX Premier Properties, hosted the first South Side Expo,

Top Producers Share the 5 Worst Agent Habits in Real Estate

New agents continue to enter the real estate industry, but with fresh faces comes inexperience. We surveyed Chicagoland’s top producers about the worst habits they see in new agents, and not surprisingly, there were some common threads in their

Ever Wondered How Top Producers’ Business Differs from Yours?

We asked the top-ranked agents in Chicagoland’s six counties for a few quick insights on their business: 1. Listings – 69 percent upload the maximum amount of photos allowed to the MLS (25) 2. Showings – Only 19.05 percent attend every

Want Top Producer Status? Join a Team

There are two ways for an inexperienced agent to reach top producer status: work hard alone for years, or join a team. In every city, the bar for top producer status is set at a different height – some very

What the Consumers Don’t Know Will Hurt Them

Compared to a few years ago, the lending market is doing quite well. In fact, some institutions believe the progress of recovery is such that the market will be fully recovered by the end of this year. Now if

The Chicagoland Markets Entering 2016 On A High Note

Chicago is a patchwork city cuffed in suburbs. While the metropolitan market is usually reported on in its entirety, the reality is that the local market is splintered into sub-markets, which often perform contrary to the area’s larger trends.

The Evolution of the Single-Family Home

The average American single-family home has changed significantly over the past century. From outhouses to home automation tech, here’s how consumer demand has driven the evolution of the single-family

Single Female Homebuyers’ Fluctuating Share of the Housing Market

According to NAR’s 2015 Profile of Home Buyers and Sellers, single women made up 15 percent of the overall homebuying market, as opposed to single men, who only made up 9 percent of the market. In 2013, single women

Here Comes Generation Z

Millennials’ entry into the housing market is a popular topic, but a new generation is already poised to follow in their footsteps – Generation Z. Some aren’t even old enough to vote, but these kids are already thinking about

Managing the Internet: How Agents Can Set Expectations

In 2015, homebuyers are more sophisticated and savvy. They have adopted online tools, like Zillow’s home price estimator “Zestimate,” as critical additions to their home search preparations. But while the proliferation of available information on home prices and neighborhood

Baby Boomers Breaking the Mold

Downsizing is a natural progression in housing we’ve come to expect of older generations, such as the aging Baby Boomers, whose preference for high square footage is diminishing as their children leave the nest and retirement sets in. But

What Age Problem? The ‘Aging Realtor’ May Not Be a Big Issue

There are roughly 1.118 million members of the National Association of Realtors, and they strike an impressive profile: Realtors’ median experience level is 12 years; their gross income is $45,800; 58 percent are female; and 42 percent have at

Real Estate 101: Training Rookies for Success

The real estate industry has changed tremendously over the last decade, and the way new agents learn the ropes and service their clients has also evolved. Agents and brokerages have weathered a market crash, a slow recovery and a

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