Local News

Real estate news in Chicago

Centrum Properties Hires National Sales Manager

Centrum Properties Inc. has named Carrie McCormick as the company’s new national sales manager. As national sales manager for MCZ/Centrum, McCormick will focus on the sales at the company’s five Florida developments, including Flamingo South Beach in Miami Beach,

Vol. 5, Iss. 3, Agent About Town: The Search for Truth

By Agent X It’s been said that truth was the first U.S. casualty of the war in Iraq. If this is true, then was truth the first casualty in the lending market that led this great nation to its

Agent Snapshot: Akos Straub, CRF Marketing, Koenig & Strey GMAC Real Estate

What was your first job in the realty industry? I worked for a successful, mid-size real estate law firm. Who inspires you? Brian Buffini of Buffini & Company. What is your favorite free-time activity? Travel and golf. How did

Vol. 5, Iss. 3, My Style: Arsiak V. Raffaelli, Sales Consultant

Century 21 Sussex and Reilly Number of years in real estate 5.5 Describe your look Sophisticated, but not overly stuffy What do you consider a “fashion don’t”? I really don’t have a fashion don’t. My motto is “you wear

Vol. 5, Iss. 3, You Tell Us: What is the most difficult part of performing a short sale or foreclosure sale?

Frank DeNovi Coldwell Banker Residential Arlington Heights The most difficult part of performing a short sale is the coordination of the all parties in negotiating a contract that is agreeable to all. That is why it is critical to

Vol. 5, Iss. 3, Improving Your Business: Advanced Tips for Realtors

By Jack Sternberg Gone is the heyday of the real estate boom when becoming a successful real estate agent just took a license and knowledge of current laws and regulations. While the latest numbers have existing home sales up

Vol. 5, Iss. 3, Cover Story: Finding A New Niche

Short Sales and Foreclosures While some sit around and complain that the real estate industry is suffering from a down market, others seek out an entirely new way to prosper by focusing on segments of the industry that are

Davis Awarded Presidential Citation

Gary Davis was awarded a Presidential Citation by the Home Builders Association of Greater Chicago. The award was given at the organization’s annual Installation Dinner, held Jan. 19, 2008 at the Westin North Shore. Davis was recognized by 2007

Chicago Gets RE/MAX Commercial Office

RE/MAX has opened an office in downtown Chicago that is exclusively focused on commercial real estate. It is the first all-commercial RE/MAX office in the Chicago area. RE/MAX Commercial Real Estate Services, located at 120 N. LaSalle St., has

Koenig & Strey Acquires Home Discovery, Altier Realty

Koenig & Strey GMAC Real Estate has announced the acquisition of Home Discovery Inc. and Altier Realty. Additional offices are now located on West Taylor Street, Webster Street and Belmont Avenue in the city, and on Main Street in

Chicago Gets RE/MAX Commercial Office

RE/MAX has opened an office in downtown Chicago that is exclusively focused on commercial real estate. It is the first all-commercial RE/MAX office in the Chicago area. RE/MAX Commercial Real Estate Services, located at 120 N. LaSalle St., has

Tomlinson Elected to NBCC

Glen Tomlinson, partner and general manager of Century 21 Sussex & Reilly in Chicago, was elected to the National Brokers Communications Congress (NBCC). He represents 200 Century 21 companies in Chicagoland and Northern Indiana, bringing real estate industry issues

Baird & Warner Acquires Habitat and Renaissance

Baird & Warner Residential Sales Inc. recently announced it has acquired two real estate companies: The Habitat Brokerage Company LLC of Chicago and Renaissance Realty Partners LTD of Lake Forest. As part of the acquisition, Millie Rosenbloom, current CEO/president/managing

Vol. 5, Iss. 2, People: Tomlinson Elected to NBCC

Glen Tomlinson, partner and general manager of Century 21 Sussex & Reilly in Chicago, was elected to the National Brokers Communications Congress (NBCC). He represents 200 Century 21 companies in Chicagoland and Northern Indiana, bringing real estate industry issues

Vol. 5, Iss. 2, My Style: Karen Ranquist

Broker/Owner RCR Realty Number of years in real estate: 10 Describe your look: Feminine with a modern edge What do you consider a “fashion don’t”? High heels at a construction site and showing too much skin What is your

Vol. 5, Iss. 2, Cover Story: Lending In A Challenging Market

From loan delinquencies to a weakened housing market, the mortgage industry experienced numerous challenges in 2007 and has moved toward more conservative lending practices as a result. Wading through the current mortgage situation might pose as a challenge to

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