Illinois REALTORS® offices closed Monday for MLK Jr Day

The Illinois REALTORS®’ offices in Springfield will be closed Monday, Jan. 16, in observance of Martin Luther King, Jr. Day. Illinois REALTORS® offices will reopen Tuesday, Jan. 17.

King was born on Jan. 15, 1929 in Atlanta, Ga., and he became a civil rights leader in the United States. He sought change through peaceful protests. He was assassinated in 1968 in Memphis, Tenn.

Get more history on King and the establishment of the holiday.

 

Success strategies for REALTORS® on Facebook LIVE

Keynote, a video-based education community that supports Illinois REALTORS®, is inviting Illinois REALTORS® members to tune into a Facebook LIVE event on Monday, January 16 from 1:00-2:00 p.m., CST.  Get Underwhelmed! Step-by-Step Strategies for a Successful Day is a free hour-long educational session led by systems expert Chandra Hall. Chandra will offer strategies to help you organize your day, avoid distractions, and be more productive and successful in 2017!

To attend “Get Underwhelmed!,” simply “like” the Keynote Facebook page where the event will be hosted: https://www.facebook.com/KeynoteSeries/ and visit the Facebook page at the time of the event to watch the streaming video. Illinois REALTORS® Licensing & Training Center is pleased to pass along these special events to REALTOR® members.

State Capitol Report covers first days of 100th General Assembly

Illinois REALTORS® can login and read this week’s State Capitol Report for a quick recap of the final days of Illinois’ 99th General Assembly and the opening days of the 100th General Assembly, including the return of four incumbent REALTORS® and the introduction of one newcomer.

The incumbent REALTORS® include: State Sen. Bill Brady (44th Senate District), Rep. Sam Yingling (62nd House District), Rep. Keith Sommer (88th) and Rep. Mark Batinick (97th). Rep. Tony McCombie (71st) is the latest REALTOR® to be elected to the General Assembly.

Brady is the co-founder and owner of: RE/MAX Choice in Champaign and Bloomington; RE/MAX 1st Choice in Palm Beach Gardens, Florida; Brady Property Management; True Clean Restoration; and Illinois Title Group. Also, he is the co-founder of Brady Realtors in Clinton and Lincoln as well as Brady Homes.  He has served as the senator of the 44th District since 2002. He ran unopposed in 2016.

Sommer first served as a representative for District 89 in 1998 and was reelected in 2000. He won five consecutive terms as representative for District 106, then won three consecutive terms for District 88.

Yingling is part of a family owned business, New Century Real Estate in Round Lake. He began serving his district in 2012 and won reelection in 2014 and 2016. Prior to that, he served as Avon Township supervisor in Lake County.

Batinick was first elected to represent the 97th District in 2014 and won reelection in November 2016 when he ran unopposed. He is a broker associate for RE/MAX Professionals Select in Naperville.

McCombie is a broker for Mel Foster Co. in Savanna and the owner of Blue Appraisals, LLC, a real estate company that serves clients in Illinois and Iowa. She has been the mayor of Savanna, a small town in northwestern Illinois along the Mississippi River. Prior to that, she served on the Savanna City Council.

RPAC fundraising kicks off at Professional Standards Workshops

(l to r) Doug Carpenter and Mike Drews reveal the winning name in the RPAC Raffle at the Pro Standards Workshop Tuesday.

RPAC raffles at the Illinois REALTORS® Professional Standards Workshops raised nearly $11,000.

Last year, our REALTOR® PAC helped elect pro-REALTOR®, pro-business candidates to public office, stopped efforts to expand sales tax to professional services and advertising as well as efforts to expand home rule in several communities.

In the year ahead, we will fight to protect the mortgage interest deduction and vigorously oppose potential changes to the standard deduction and the elimination of most individual deductions, which would eliminate the tax advantages of homeownership.

Jessica Devore of Green Acres Real Estate in Clinton and REALTOR® Judy Panozzo of Real People Realty, Inc., in Mokena won RPAC Raffles Tuesday and Wednesday, respectively. Local Governmental Affairs Director and Member Outreach Manager Gideon Blustein received help from the following volunteers at the workshops: REALTORS® Jayme Ahlden, Karen Barbagallo, Doug Carpenter, Mike Drews, Mike Gross, Jim Haisler, Carol Meinhart, Mike Oldenettel, Judy Panozzo, Matt Persicketti, Karen Robertson, Madelyn Staack and Steve Volkodav. Thanks to every REALTOR® who contributed to the raffles with their time and money.

(Disclaimer: The REALTORS® Political Action Committee (RPAC) solicits contributions from Illinois REALTORS® members only.)

Amendment to the Illinois Lead Poisoning Prevention Act

Source: Bigstock

You may have heard or read something recently about changes to the Illinois Lead Poisoning Prevention Act, and wondered what this is all about.

But first, let’s discuss what it is not about. This amendment to existing Illinois statute, does not change anything in the FEDERAL law with regard to the disclosures and the pamphlet (Protect Your Family from Lead in Your Home) familiar to real estate brokers when they are selling or renting residential property that was built before 1978. Those federally required lead based paint disclosures (the form and pamphlet) have been provided for sales and rentals of pre-1978 properties for many years and these requirements remain.

What has changed a bit, is the Illinois Lead Poisoning Prevention Act (410 ILCS 45).  Specifically, Section 9.1 of that Act was amended as follows:  If a residential property owner has received a mitigation notice from the Illinois Department of Public Health stating that a lead hazard has been found and must be mitigated, the owner must provide this notice to a new buyer if the owner sells the property.  Likewise, the owner must provide this mitigation notice to a current tenant where the owner and tenant are renewing an existing lease.  However, the owner (existing or a new owner who purchases with notice of the lead hazard), will not be allowed to enter into a new lease for a residential unit unless and until the lead hazard has been mitigated.  These amendments to Section 9.1 of the Illinois Lead Poisoning Prevention Act became effective on Jan. 1, 2017.

It is important for Illinois REALTORS® to be aware of this amendment to Illinois law, but it is also important to understand that it is not a change to the existing federal requirements to make lead based paint disclosures for pre-1978 residential properties.