News / Features

5 Common Selling Missteps That Every Agent Should Know

Selling a house can be a cumbersome process, but if the appropriate steps aren’t taken and details considered, sellers and agents alike could be losing out on thousands. #99966933 / gettyimages.com It was only a few years ago that

The 7 Things You Should Know About New Construction

Housing starts may have been down last month, but there are many more details about new construction that are of equal import. #200263624-001 / gettyimages.com The Census Bureau released its latest report on new construction, and it wasn’t pretty

Builder Confidence Once Again in Positive Territory

After a sorrowful period in the woods, builder confidence has returned to the promised land this month. #82355279 / gettyimages.com The National Association of Home Builders/Wells Fargo Housing Market Index (HMI), the nation’s leading measurement on builder confidence in

Realogy Set to Acquire ZipRealty

Earlier today, Realogy announced it had entered into a definitive agreement to acquire the technology-based ZipRealty for $6.75 per share. The total transaction, which will be in all-cash, is valued at $166 million. The acquisition will entail Realogy absorbing

Large Number of Chicagoland Owners Face Housing Cost Burdens

Cost burdens have become commonplace in housing, and they’re especially pronounced in the nation’s largest metro areas. #145868156 / gettyimages.com The housing market has bounced back in a major way the last couple years, but it’s introduced us to

How To Be the No. 1 Luxury Agent in Your Market: Top 5 Takeaways from Jane Brill Gavens

On early Tuesday, a collection of Coldwell Banker Residential Brokerage agents gathered in a small room of Chicago’s Omni Hotel on Michigan Ave. to listen to and learn from successful Beverly Hills-based luxury agent Jane Brill Gavens. For a

Redfin: Are Sellers Losing Market Control?

Heavy investment activity has helped deplete inventory levels, as well as buyer confidence, but a new Redfin survey suggests that dynamic may be shifting. #156881948 / gettyimages.com It’s been nearly seven years since the housing bubble collapsed; yet, the

Buyer Traffic in Chicago Down Substantially From Last Year

Anyone can observe that buyer traffic is down from last year, but a new report tacks a number to that decline – and it’s a big one. #159449352 / gettyimages.com We’re hardly the first publication to point out that buyer

NAR/Move Win Opening Battle in Legal War Against Zillow

NAR and Move, Inc. have prevailed in their opening salvo against Zillow. #128520267 / gettyimages.com A Washington state judge has ruled in favor of Move, Inc. and the National Association of Realtors in what promises to be a long

Local Agents Recognized by The Wall Street Journal’s REAL Trends List

On July 8, REAL Trends/The Wall Street Journal released its Top One Thousand list for 2014. As advertised by The Wall Street Journal, REAL Trends Top One Thousand recognizes the top one half of 1 percent of nearly 963,000

Foreign Purchases of U.S. Real Estate Soars in 2014

Foreign consumers regained their appetite for U.S. housing in a major way in the 12-month period ending March 2014. #185761563 / gettyimages.com International sales – aka, home purchases in the U.S. by foreign consumers – soared an incredible 35

Conlon/Christie’s International Real Estate Expands into Suburbs

Following clients, Conlon scheduled to open new offices in two Chicagoland suburbs. After only five years in Chicagoland, Conlon/Christie’s International Real Estate will open one of two planned suburban offices Wednesday, July 16, according to Crain’s. The office, located

The 4 Big Challenges Housing Faces in the Coming Years

Housing has made definite progress the last couple of years, but what hurdles remain for the industry? #488933561 / gettyimages.com There’s little doubt that the U.S. housing market has made notable improvements in recent years. For instance, delinquent mortgages

How a Single Goal Can Make You No. 1 in Your Market

“Take heed: you do not find what you do not seek.” English proverb When I started working as a real estate coach, one of my first clients explained her goal to me about as simply as it could be

Agent Status Called into Question With Lawsuits

Independent contractor? Employee? It’s a slippery slope for brokers across the United States, as more and more questions arise about the appropriate status for real estate salespersons. It’s a real pickle. Brokers are required to supervise their associates. Adequate

My Style: Patrick Devereux, Broker, Coldwell Banker, Lincoln Park

Number of years in real estate: 20. Describe your look: Somewhere between George Clooney and Sting. What do you consider a “fashion don’t”? Clothes that don’t fit – donate them. Also, it’s a don’t when there are too many

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