12 questions to test your knowledge about multiple offers

In the July issue of Illinois REALTOR®, Director of Legal Services Betsy Urbance provides 12 questions about multiple offers that can refresh the memories of REALTORS® whether they’re representing buyers or sellers.

Go to page 14 for the quiz. Readers will see answers to nine of the questions. For the three bonus questions, answers are found in “Legal Minutes” videos located online here.

Also in this issue, you’ll find stories about:

  • The value of a REALTOR®,
  • Tips for working in the luxury real estate market,
  • The Lifetime Achievement Award for Dan Goodwin, and
  • the Member Outreach Team identifies common values of REALTORS®.

Choose the pdf or the flipbook view.

Affected by N. Illinois flooding? IRRF is offering financial help

Source; Bigstock

The Illinois REALTORS® Relief Foundation (IRRF) is accepting applications from northern Illinois property owners who have been affected by the recent historic flooding.

IRRF is Illinois REALTORS® charitable arm which focuses on helping those affected by disasters, and has provided thousands of dollars in assistance over the past few years.

This latest effort to provide assistance targets counties that fall under a state disaster proclamation issued Friday for Kane, Lake and McHenry counties.

Who is eligible for IRRF assistance?

Anyone who is a full-time Illinois resident, a U.S. citizen and who meets the criteria of the program is eligible to obtain funds.

  • Relief assistance is limited to $500 per application.
  • Assistance can be used for the applicant’s home-related items.
  • Assistance is need-based and other forms of assistance may be taken into consideration when awarding grants.
  • All grants made through IRRF are based on availability of funds and applications are reviewed on a first-come, first-served basis.

To apply for aid, download and fill out this form. If you know someone who needs assistance and meets the criteria, please share the information.

To learn more about IRRF and it’s mission, go here.

To donate to help IRRF help others, you can go here.

12 days left for REALTORS® to enter Conference & Expo contest

REALTORS® who answer seven trivia questions correctly by July 31 in the “How Well Do You Know Chicago Cuisine?” contest could win a $100 Lettuce Entertain You gift card to use at the REALTOR® Conference and Expo in November.

To answer the questions, REALTORS® should go to the online entry form.

The winner will be able to use the gift card at any of the 50+ Lettuce Entertain You restaurants in the Chicago area. Although REALTORS® may enter the contest more than once, only one correct entry will be placed in the drawing per person.

The REALTOR® Conference and Expo starts Nov. 3 and runs through Nov. 6.

McDonald will wrap up Spotlight Series at REALTORS® Conference and Expo

Marketing and advertising expert and author Kelly McDonald will speak Monday, Nov. 6 during the REALTORS® Conference & Expo in Chicago.

Register today to see her presentation.

McDonald will be the fourth of four entrepreneurs outside the real estate industry who share ideas that can help REALTORS® build their businesses. Their presentations are called the Spotlight Series.

REALTORS® may be familiar with McDonald through her public speaking or by her appearances on CNBC, CNNMoney.com, Sirius XM Radio or by her contributions to Forbes Magazine, BusinessWeek and Fast Company. She’s also written two best-selling books, “How to Market to People Not Like You,” (2011) and “Crafting the Customer Experience for People Not like You” (2013).

She is the founder of McDonald Marketing, twice named one of the top ad agencies in the United States and one of the fastest-growing independently owned companies in the U.S. by Inc. Magazine. She is known for her insights on consumer trends and generational differences.

To hear McDonald’s presentation, register for a Premier Access pass or the Nov. 6 one-day registration. The first Spotlight Series speaker is Erin Meyer on Friday, Nov. 3, followed by Desirée Rogers on Saturday, Nov. 4, and Steven Levitt on Sunday, Nov. 5.

The REALTOR® Conference & Expo runs Nov. 3-6 at the McCormick Place West Building. Get more information.

Morning Minute: NAR fights to keep net neutrality for agents and brokers

The NAR says a proposal to change Internet governance could cost REALTORS® more and limit access. (Bigstock Images)

The National Association of REALTORS® has joined a group of businesses in opposing a proposed change to the way the Internet is governed and has warned the Federal Communications Commission (FCC) the change could cause unequal access to content.

Monday is the deadline for collecting public comment to the FCC’s plan, which would allow providers to enter into deals with websites to provide faster service in exchange for fees, among other items. Read “NAR to FCC: Real Estate Needs Open Internet” for more details.

In other headlines:

Foreign investment in real estate surges 49 percent HousingWire,

What if couples want to retire to different places? — MarketWatch/Wall Street Journal.