Learn how to protect your business from cybercrime at IDFPR conference

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Worried about hackers, computer viruses and wire fraud?

If you aren’t, you should be.

The Illinois Department of Financial and Professional Regulation has put together a presentation on cybersecurity for real estate practitioners that should help protect your business.

The Cybersecurity Conference is 8:30 a.m.-noon June 6, in Chicago at the James R. Thompson Center auditorium and is open to all Illinois REALTORS®.

The session features presentations from an FBI special agent, industry leaders and includes a demonstration on how easy it is for hackers to get into your systems.

In light of the recent “Wannacry” computer malware infestation, this session could save you money and a lot of hassle. The agenda for the conference is here.

The IDFPR Cybersecurity Conference is sponsored in partnership with Illinois REALTORS®, the National Association of REALTORS® and a host of industry-affiliated organizations and firms.

The Thompson Center is located at 100 W. Randolph St, Chicago, IL 60601.

Lawmakers return to Springfield; hectic weeks ahead

Lawmakers were back in town this week after a two-week recess and with the clock ticking on this spring session we expect some hectic weeks ahead as both chambers have set Friday, April 23rd as the deadline for consideration of bills in the various committees and May 7th is the scheduled adjournment date. While the State’s dramatic deficit is the elephant in the room to date there has been relatively NO floor debate on the budget as this typically is held till the final days of the session.  Proposals to amend the Constitution- which must be placed on the November ballot- are also late session topics.  We also hope to wrap up the variety of big issues that we have been involved with and that we have been reporting on and lobbying since February.  You can get additional information on key bills from our Capitol Conference briefing papers on the IAR website.  But here is a just a sample of those issues:

  • Senate Bill 3747, our legislative initiative this year creating the Transfer Fee Covenant Act, is scheduled for a hearing in the House Judiciary I-Civil Law Committee next week.  We anticipate an additional amendment to tweak the provisions to be added in Committee prior to it being debated on the House floor.
  • Senate Bill 3334, another measure strongly supported by the IAR will be heard next week in the House Cities and Villages Committee.  This is the legislation to address the impact that distressed sales have on the real estate market and the tax assessment process.  Good feedback thus far from members of the General Assembly as they too hear back home from you and their constituents on this issue.
  • We also expect a vote in the Senate Judiciary Committee on House Bill 5409—the title insurance proposal that has been negotiated throughout this spring session among representatives of the IAR, the IDFPR, the title insurance industry and various financial institutions.  The version to be voted on next week REMOVES the State-mandated fee provision that we had objected to in the original proposal.
  • Senate Bill 3180–the legislation to establish State regulations on homeowner associations is also pending in these final weeks.  We continue to work with the sponsors of this legislation to seek balanced legislation that importantly PROTECTS homeowners but does not impose overly burdensome or costly requirements on either the associations or the association members.

KEEP up with all the news in the State Capitol Report from www.IARactioncenter.org.  As always, we are here for YOU!

License renewal questions…let IAR be your guide!

The 2010 Illinois broker license renewal deadline is fast approaching and according to the Illinios Department of Financial and Professional Regulation (IDFPR) the renewal forms have been mailed.

Brokers must complete 12 hours regular CE and 6 hours broker management CE by the April 30 deadline.  IAR will be your guide to compliance with the IDFPR.

This is what the renewal postcard mailed by IDFPR looks like:

If you haven’t received your renewal postcard from IDFPR you can still renew online at the IDFPR website via credit card, print off a renewal form to mail in, or get the toll-free number to renew via credit card using a telephone.

Here are your options:

  1. ONLINE: If you choose the online renewal you will be required to enter your PIN number sent by IDFPR via postcard AND your professional license number.  (If you don’t have a PIN number you can also use your social security number)
  2. BY PHONE: Call 1-800-823-6100.
  3. BY MAIL: Choose “Print Renewal” from the IDFPR website.

STILL NEED CE?  We’ve got it!  Don’t wait until the last minute!  Check out IAR’s CE options for brokers.

Still have questions?  No problem.  Feel free to contact me or Stacy Mahinda for direction, Celliott@iar.org or SMahinda@iar.org.