REALTORS® notice deadline for SB 1380 extended to July 31

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For the second time in about a month, the Illinois House has extended the deadline for consideration of Senate Bill 1380. This time, the deadline is July 31.

According to today’s IAR State Capitol Report, the bill amends two sections of the Municipal Code primarily dealing with the lien that a municipality files for costs incurred for removing weeds/grass, trees/bushes, pests, garbage, debris and graffiti. It seeks to make a change to allow municipalities to skip foreclosure proceedings on the lien on the offending property and obtain a judgment lien against all real estate of the owner.

IAR has opposed the bill throughout the spring session of the General Assembly because it does not believe it should be easier to create impairments on the rights of property owners on non-offending properties.  The bill was narrowly approved in the Senate only after a parliamentary procedure allowed a second vote following an initial defeat. In late May, the deadline was extended to June 30.

In addition, find out what the State Capitol Report says about legislation concerning:

  • state budget bills rejected and signed by Gov. Bruce Rauner;
  • township water and sewer rates;
  • property tax caps; and
  • a statewide advertising tax.

REALTORS® must spread word about $60K for housing assistance for June tornado victims

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The National Association of REALTORS® set aside $60,000 to provide mortgage and rent assistance to victims of June 22 tornadoes in northern Illinois through the NAR REALTORS® Relief Foundation.

REALTORS® can help distribute applications locally so victims can apply for one-time grants of up to $1,500 for housing relief (one month of mortgage or rent payment). The deadline for submissions is Oct. 1.

Tornado victims who need money to help pay for their daily needs can also apply for help from the Illinois REALTORS® Relief Foundation. Relief is limited to $500 per application, and victims must qualify for need-based awards. Applications will be reviewed on a first-come, first-served basis. The deadline for submissions is Oct. 1.

The National Weather Service has now confirmed 12 tornadoes occurred in northern Illinois on the evening of June 22, with the most damage in Coal City (Grundy County), Braidwood (Will County) and the Woodhaven Campground in Sublette (Lee County). A total of 14 people were reported injured but no one was killed. Members of local REALTOR® associations are helping where they can.

The Three Rivers Association of REALTORS® Chief Executive Officer David McClintock says members have helped with clean-up efforts but the low inventory of unoccupied rental properties has made it difficult to help those who can’t live in their homes until repairs are made.

“This storm has been challenging,” McClintock says. “But the cities impacted (Coal City and Braidwood) were much better prepared to respond than 20 months ago (when another tornado struck Coal City). The police and fire departments immediately went into action and were able to detour traffic out of the affected areas.”

REEF announces 26 college scholarship winners

The not-for-profit Illinois Real Estate Educational Foundation (REEF) announced 26 winners of academic scholarships for the 2015-16 school year, worth a total of $28,000.

Stacy Webber of Pesotum is the recipient of the 2015 Morgan L. Fitch Scholarship ($2,000), and will attend the University of Illinois in Urbana-Champaign. Angie Custer of Brighton is the recipient of the 2015 Thomas F. Seay Scholarship ($2,000) and will attend Bellevue University in Bellevue, NE.

The winner of the 2015 Academic Scholarship ($1,000) is Kelly VanMiddlesworth of Canton, who will attend the University of Illinois in Peoria. Megan Hayes of Mundelein is the 2015 winner of the Richard D. Wiegers Scholarship ($1,000) and will attend Illinois State University in Normal.

Twenty-two students won James M. Kinney Scholarships ($1,000 each):

  1. Derrick Anderson of Peoria will go to Northern Illinois University in DeKalb;
  2. Taylor Badger of Springfield will go to the University of Wisconsin-Madison;
  3. Brittany Bentley of Springfield will attend Quincy University in Quincy;
  4. Austen Bozarth of Normal will go to Millikin University in Decatur;
  5. Paul Briney of Macomb will go to Quincy University;
  6. Bailey Brown of McHenry will go to Carroll University of Waukesha, WI;
  7. Chloe Brown of McHenry will go to Carroll University;
  8. Timothy Bryan of Cary will go to Northern Illinois University;
  9. Brandon Harrington of Chicago will go to Morehouse College in Atlanta, GA;
  10. Sarah Herr of Bloomington will go to Xavier University in Cincinnati, OH;
  11. Hannah Huber of Elmwood will attend St. Ambrose University in Davenport, IA;
  12. Jacinda Kauffmann of Woodstock will go to the University of Illinois-Chicago;
  13. Devon Leitschuh of Greenville will go to Southern Illinois University-Edwardsville;
  14. Dylan Londrigan of Springfield will go to the University of Illinois-Urbana-Champaign;
  15. Peyton Matthews of Litchfield will go to Illinois State University in Normal;
  16. Vincent Parise of Lemont will attend the University of Illinois-Chicago;
  17. Matthew Pilmer of Aurora will go to University of Minnesota-Twin Cities;
  18. Lauren Trimmel of Chicago is going to Elmhurst College in Elmhurst;
  19. Riley Turasky of Springfield will go the Southern Illinois University-Edwardsville;
  20. Gabriel Urbance of Springfield will go to the University of Missouri-Columbia, MO;
  21. Haylee White of Sapulpa, OK, will go to Hastings College in Hastings, NE; and
  22. Jasmine Wissinger of Plainfield will go to the University of Tampa in Tampa, FL.

REEF was established in 1970 to aid and promote real estate education throughout Illinois. REEF is supported through voluntary contributions of those who recognize the importance of furthering academic experience and training in the real estate industry in Illinois. The scholarship winners will have their scholarship funds sent to the college or university of their choice to defray costs each semester during 2015-16.

Scholarship awards are awarded each year by the foundation to students of real estate and related fields of study at colleges and universities inside and outside of Illinois, to candidates of the Graduate, REALTOR® Institute (GRI) of Illinois program, and to those furthering their knowledge in the field of association management and leadership.

CIPS course offered July 22

The Illinois Association of REALTORS® is proud to partner with the Mainstreet Organization of REALTORS® to offer the first course of the CIPS Designation series, Global Real Estate: Local Markets (6 hours CE Elective, RB7005-564001070) on July 22 in Downers Grove.

The CIPS designation is for REALTORS® from the United States and abroad, as well as association staff and volunteer leaders who want to develop their international real estate business. Global Real Estate: Local Markets is a prerequisite to all other CIPS courses. It offers an overview of international brokerage: capital flow, currencies, government regulations, cultural considerations, and how to network, market and sell at the global level. U.S. members who complete this course will receive elective credit towards the ABR and CRS designation.

Lunch is included in the $150 registration fee. Register here. For more information about this and other designations and certifications, visit the NAR website here.

“Global Real Estate: Local Markets”
Wednesday, July 22 
9 a.m. to 4 p.m.
Management Association Institute
3025 Highland Parkway
Downers Grove, IL 60515
$150 (includes lunch)

 

 

Questions? Contact the IAR Education and Training Center at education@iar.org or 1-800-752-3274.