Real Estate Policies

Most real estate pros disagree with ‘master bedroom’ name change

In a survey sent to the more than 100,000 readers of Agent Publishing’s magazines, agents and brokers sounded off about a change that some real estate companies and associations are making, as well as other moves that might make the industry more inclusive.

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Recovering rent amid the COVID-19 crisis

While landlords might be tempted to turn to collection agencies to try to recoup rent owed by delinquent tenants after the financial hardships caused by the coronavirus-related shutdowns, that might not be the best course of action. Find out why.

How to combat inequality and discrimination in homeownership

As the divide between African American and white homeownership increases, the National Association of Realtors is working to educate Realtors on discrimination and stimulate homeownership.

Beyond cleanup: How the real estate industry can help stamp out racism in Chicago

As our city recovers from devastating riots, one agent has some ideas for how to fix the underlying problems that sparked them in the first place.

As Chicagoland reopens, what are the new rules for real estate?

IDFPR’s Division of Real Estate released a new document outlining how agents and brokerages can reopen offices and conduct business within the new phase of the Restore Illinois plan.

How real estate agents can ensure safe home inspections during the COVID-19 crisis

One local home inspector weighs in on the difficulties of doing his job during the coronavirus pandemic.

Report warns landlords to think twice about evictions

A new Marcus & Millichap report calls on multifamily owners and operators to implement a 90-day moratorium on evictions.

Government-backed loan program is just the beginning

Small business owners could help keep their businesses running through a combination of Paycheck Protection Program loans and private loans.

Legal issues at the intersection of real estate and COVID-19

It’s not just health and safety that real estate professionals need to keep in mind when it comes to practicing business during the coronavirus pandemic.

NAR letter promises more support to Realtors during COVID-19 crisis

The COVID-19 outbreak has the association working overtime to bring relief and timely updates for real estate professionals.

This time, it’s housing: Here’s where the Democratic candidates stand

A number of the 2020 Democratic candidates have proposed extensive policies that seek to address the affordable housing crisis and related issues. Here’s what the leading contenders have to say.

‘Ban the box’ for rentals: How Cook County landlords must adapt

To meet the ambitious goal of ameliorating the effects of the criminal justice system on housing, Cook County commissioners amended the county’s Human Rights Ordinance to include more provisions for housing-related issues. Here’s what you and your clients need to know.

Marijuana is now legal in Illinois. Is your business ready?

Whether your brokerage will enthusiastically rent to dispensaries or would prefer to avoid marijuana altogether, this new law is sure to touch your clients, agents and employees. Put policies in place now to shape how you deal with it, and keep an open line of communication with your legal counsel so you can adapt policies appropriately as the Illinois marijuana market grows.

From weed to taxes: Regs that will impact your business in 2020

New laws, shifts in tax assessments and possible methods for filling government shortfalls are all situations brokers should be watching in the coming months.

Pocket listing rule approved by NAR

While the association has moved to institute new rules around what to do about off-MLS listings, there are some who say it restricts trade and others who feel it doesn’t go far enough to force brokers to share listing data.

MRED endorses NAR pocket listing policy

The debate over what NAR and multiple listing services should do about off-MLS listings seems to be coming to a head, though the final policy isn’t fully ironed out yet. Find out where it looks to be heading.

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