Inman On the Road speakers announced; use member benefit to attend for free

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A number of Illinois real estate professionals and REALTORS® will be among featured speakers at Inman Connect on the Road’s event in Chicago May 25. 

Names announced by Inman Connect include: 

  • Rebecca Jensen, CEO of MRED. 
  • REALTOR® Thaddeus Wong with @properties. 
  • REALTOR® Matt Laricy with Americorp Real Estate
  • REALTOR® Jennifer Ames of Coldwell Banker
  • REALTOR® Lisa Kon with Baird & Warner

And, as an Illinois REALTOR® you can attend for free by activating your member benefit subscription to the service sponsored by the association and MRED. 

If you have already registered for Inman Select as part of your member benefits through Illinois REALTORS®, all you have to do is go here to sign up for free for the conference which will feature top tech, marketing and sales speakers.

Not a member? All Illinois REALTORS® have to do is sign up here and use the temporary password “welcome.” Then, you’re ready to register for the event at the Donald E. Stephens Convention Center in Rosemont.

Illinois REALTORS® and MRED began offering the news service to all members through a partnership last year.

Oldenettel named to two state real estate panels

Illinois REALTOR® Michael Oldenettel, CRS, GRI has been named to two real estate-governance panels, according to letters filed by Gov. Bruce Rauner’s office.

Michael Oldenettel, CRS, GRI, was named to two state real estate panels on April 29, 2016. He is a past president for the Illinois REALTORS®.

Michael Oldenettel, CRS, GRI, was named to two state real estate panels on April 29, 2016. He is a past president for the Illinois REALTORS®.

Oldenettel, who served as Illinois REALTORS® president in 2013, was appointed to the Illinois Real Estate Administration and Disciplinary Board and the Illinois Real Estate Education Advisory Council.

The Real Estate Administration and Advisory Board (READ) reviews disciplinary cases involving real estate licensees, and can recommend penalties that may include fines, suspensions and license revocations based on findings. Oldenettel joins three other Illinois REALTORS® on the board, including Judy Higgins Stowe, Chris Read and Carol Strader.

The Education Advisory Council (EAC) approves curriculum changes, new continuing education and pre-license courses and instructor and school applications statewide. Oldenettel will serve with Illinois REALTOR® Wayne Paprocki and Illinois REALTORS® Education Manager Carrie Elliot.

The appointments were effective April 29, according to letters from Rauner’s office sent to Secretary of State Jesse White.

Oldenettel is a managing broker at RE/MAX Professionals in Springfield, and has extensive professional standards experience and has chaired numerous ethics and arbitration hearings for Illinois REALTORS®. In addition to leading Illinois REALTORS®, he served as board chair for the Illinois Real Estate Educational Foundation and dean of the REALTOR® Institute Working Group for Illinois REALTORS®.

Report: Cash buyers make up 36 percent of home sales in Chicagoland

Chicago-area buyers paid cash for homes more than a third of the time, and the data released this week shows they paid 39 percent less per square foot during the first quarter of the year.

The findings are part of RealtyTrac’s Q1 2016 U.S. Cash & Institutional Investor Housing Market Report. 

“While large institutional investors and other cash buyers continue to shrink as a share of U.S. home sales, these buyers still typically beat out traditional buyers using financing — in some cases even when they submit a lower offer for a home,” said Daren Blomquist, senior vice president at RealtyTrac. “Additionally cash buyers are often willing to take on properties in poor condition that may not readily qualify for standard financing, another reason why cash purchases normally sell at a lower price per square foot.

According to the report, 36 percent of home sales were for cash. RealtyTrac provides data-driven reports based on records of more than 130 million properties nationwide.

Deadline questions about broker renewal? Help Desk is open Saturday for questions

Illinois REALTORS®’ Licensing and Training Center will have special Saturday hours to help Illinois brokers working to meet the April 30 deadline to renew their licenses.

The Licensing and Training Center will staff its help desk from 9 a.m. to 2 p.m. Saturday, April 30. You can reach it by calling 217-529-2600, or emailing the school at education@illinoisrealtors.org.

There is a wealth of resources on the school’s webpages about the deadline and steps for renewal, which can be found here.

 

 

Inman Chicago conference registration free for Illinois REALTORS

Inman Connect on the Road will be in Chicago on May 25, and as an Illinois REALTORS® member you can attend for free as part of a partnership between the association and MRED. That’s a $29 value! If you have already registered for Inman Select as part of your member benefits through Illinois REALTORS®, all you have to do is go here to sign up for the conference which will feature top tech, marketing and sales speakers.

Not an Inman member? All Illinois REALTORS® have to do is sign up here and use the temporary password “welcome.” Then, you’re ready to register for the event at the Donald E. Stephens Convention Center in Rosemont.