The graphs below show a snapshot of the luxury market. Coldwell Banker Residential Brokerage pulls data about luxury properties (properties listed at $750,000 or higher) from Midwest Real Estate Data, and compiles luxury market reports for every area of

According to Appraisal Research Counselors’ most recent report, Lincoln Park 2550 is outpacing the new construction market despite its high price point. At $877 per square foot, the luxury building appears to be selling faster than lesser-priced buildings. The

What features do luxury homebuyers desire the most in their homes? And what are some of their biggest challenges in the homebuying process? Chicago Agent consulted a new study from realtor.com, which polled more than 1,500 consumers on their

Brokerages might have the luxury of marketing professionals to aid with their campaigns, but building a brand is still no easy feat. That is even more true for individuals who want to move away from their company’s brand campaign

An essential component of Berkshire Hathaway HomeServices KoenigRubloff’s  overall growth strategy is to look for opportunities to expand its presence within existing markets. So when Berkshire Hathaway HomeServices acquired Prudential Rubloff and Koenig & Strey, then merged those two

Managing brokers have a tough job. Not only do they put on a calm front while handling whatever issues come their way, but they need to act as a guide to their agents. Agents need top-notch leaders with the

Choosing the right manager is one of the most important decisions a company can make. The right manager can raise employee engagement and increase business performance indicators. And yet, according to a recent study by Gallup, a vast majority

Managing brokers should be mindful of the law, not just agents. The Illinois Department of Financial and Professional Regulation Index of Disciplines keeps track of cases that show that the organization is not “going soft” on those who ignore

The DiSC personality test is a behavior assessment based on the DiSC theory of psychologist William Marston. Marston’s theory centers on four different personality traits: dominance, influence, steadiness and compliance. This theory was then developed into a personality assessment

According to the Wall Street Journal, likability is becoming a big reason for people’s success at work. A study from the University of Massachusetts found that if an employee is likable and gives a well-organized argument to support a

What type of personality are you? Click on the image below to see the full size of the Myers-Briggs test, and you can find

Zig Ziglar, famed author, salesman and motivational speaker, has said numerous moving and inspirational quotes – below are 10 that are sure to inspire you and help you understand your clients even better. 10. “Remember that failure is an

We don’t need to tell you that this winter has been the most frigid winter Chicagoland has experienced in more than 10 years. We’ve lived through the most days of below-freezing temperatures of any winter (the previous record-holding season

Click on the image below for its full

Most likely, the majority of your clients looking for a home focus on resale homes. But in today’s real estate landscape, where there’s a real shortage of inventory, it’s a good time to discuss new construction as an option

Though the average size of new homes keeps getting bigger, there is more to this homebuying trend than meets the eye, according to Census Bureau data presented by the National Association of Home Builders (NAHB) during the International Builders’