Get four hour-long safety webinars for free on Sept. 9

Whether you’re looking for simple ways to improve everyday safety, protect yourself in rural environments or to safeguard data from high-tech thieves, registering for the NAR Safety Webinar Summit on Sept. 9 will provide Illinois REALTORS® with valuable information at a great price.

The summit is broken into four hour-long segments, starting at 11 a.m. and ending at 3 p.m.:

  • 11 a.m., “Don’t Get in the Pen With the Bull – and Other Safety Tips for Rural Land Professionals,” will be led by Terri Jensen, the 2015 National President of REALTORS® Land Institute.
  • Noon, Adrian Manzanares, a REALTOR® with more than 20 years of law enforcement experience will discuss, “REALTOR® Safety: Everyday Actions That May Compromise Safety.”
  • 1 p.m., “Discover REALTOR® Safety Through Technology and Change Management,” will be conducted by the Chief Marketing Officer and the Head of Sales for Guard Llama, respectively, Mike Becker and Adam Havey. Guard Llama’s mission is to improve personal safety for its customers.
  • 2 p.m., NAR Senior Policy Representative Melanie Wyne will present, “Online Thievery: What to Do If You Experience a Data Breach.”

For more information on each webinar and each presenter, visit NAR’s web page about the safety summit.

Watch your email for information on new member-customer benefit

Illinois REALTORS® should check their email inbox this afternoon for an offer that could give them an edge on the competition – a free annual subscription to real estate news from Inman.

The email will come from the Illinois Association of REALTORS® and will have the subject line “New Free Benefit from IAR and MRED.” IAR members/MRED customers who are interested in receiving Inman news will need to open the email and register to receive news from Inman Select, which produces a wealth of valuable information for real estate professionals.

The project is jointly sponsored by IAR and MRED.

The special offer – which includes Inman Daily Headlines, Inman Weekly Headlines, Special Reports, News Article Archives and more – is officially scheduled to begin Sept. 3, although Illinois REALTORS® can use the link to sign up earlier.

IAR members featured in NAR video on affordability


 

IAR members Loretta Alonzo and Maurice Hampton took part in a video project spearheaded by the Carnegie Group for the National Association of REALTORS® at the annual Midyear Meetings in Washington, D.C. in May.

Now the Illinois REALTORS®’ comments can be seen in a newly produced video on the challenge of home affordability.

“When working families struggle to find even an affordable starter home, everyone in the household is impacted, including children,” Alonzo said.

The videos are part of a series oriented toward consumers. The videos are anchored by Shari Olefson, who spoke at an IAR Governor’s Housing Conference in Springfield two years ago.

Are rebates in real estate deals legal? Here’s a guide from our legal team

 

IAR's Legal Hotline Attorney Betsy Urbance leads a Legal Webinar covering a multitude of topics that come in through the association's hotline. The webinar was held Aug. 20, 2015 at IAR's headquarters in Springfield.

Real estate brokers can use rebates as a business strategy in most cases, but those they seek to attract should become clients or be a party to a transaction, said IAR’s Legal Hotline attorney in a webinar held Aug. 20, 2015.

While the practice generally is legal, there may be restrictions which are mandated by mortgage lenders. And brokers should be aware the payments would have to be disclosed on a HUD-1 form under current regulations, said IAR’s Betsy Urbance.

She said under new TILA/RESPA Integrated Disclosure Rules, any such payment appears to be optional on the new forms, according to industry experts.

IAR holds the members-only Legal Webinars every two months, and the topics for Thursday’s session were taken from reoccurring questions which Urbance fields from the hotline. The full audio of the hour-long session can be found online for IAR members here.

Brokers cannot pay a referral fee to someone who is not a party to the transaction and who is not licensed. Referring and selling leads requires a real estate license under Illinois law. As a result, if you pay an unlicensed person something of value, you would be aiding and abetting the practice of real estate brokerage.

See at a glance the July prices and sales in your Illinois county


Each month the Illinois Association of REALTORS® provides an update on the housing market.

This month, check out the heat map above to see how July median prices are doing in your market. Click on a county to see more information including sales and how they have changed from a year ago.

Want to learn more? IAR has tracked housing data for nearly two decades. Go to www.illinoisrealtor.org/marketstats.