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How to Become a Real Estate Agent in Illinois (IL) in 5 Steps

Housing Wire

If you’re interested in becoming a real estate agent in Illinois, you’ll be happy to hear that the path to getting your real estate license in the Prairie State doesn’t require as much of a time commitment as other states. 1] As a real estate broker in Illinois, it is not legal for you to work independently.

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The Difference Between Pricing a Property and Appraising It

Cleveland Appraisal Blog

In recent years, on several occasions, I have been hired to appraise a property after a valuation service was provided for my client by another real estate professional. They had hired the former real estate professional to value their property for the purpose of a divorce.

Appraisal 302
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How scammers are using AI to commit new fraud in real estate

Housing Wire

It’s causing us in the industry — title settlement, real estate, mortgage lending, the attorneys — to rethink, can you even trust a voicemail? So you have a client that appears to have left a voicemail: ‘Hey, I’m traveling. And then they will impersonate the property owner. million house.

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Real Estate Risk Management: Putting Clients’ Interests First

McKissock

Real estate risk management is an important concern for agents. Real estate agents are commonly sued for breaching their duty to act in the best interests of their client. Here’s an overview of Articles 1–13: Article 1 requires Realtors® “to protect and promote the interests of their client.”

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Avoid Appraisal Disciplinary Action with These Do’s and Don’ts

McKissock

This is especially true because as an appraiser you are pulled in many different directions at once, you’re busy, and sometimes you get clients who don’t want to pay you a lot of money. Such an attitude is a recipe for disaster because, in many cases, complaints are filed years after the appraisal is completed and transmitted to the client.

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How to Choose a Real Estate Appraiser

McCarthy Appraisal Blog

The two basic licenses are Certified Residential Real Property Appraiser and Certified General Real Property Appraiser. The references should be current or previous clients, and at least one should be from the community. Ask an appraiser about their education and licensing.

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Maintain that Workfile

Appraisal Buzz

Real property appraisers have had quite a bit dumped on them in the past couple of years. The uncertainty, turmoil, and government interest in oversight and intervention caused by allegations of racial and ethnic bias in real property appraisal is cause for concern.

Appraisal 417