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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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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

In real estate, buyers and sellers must be knowledgeable to make informed decisions. Are you familiar with a land contract in Ohio, as well as the state-specific requirements? What is a land contract in Ohio, really? While a land contract might be ideal for you, there are important details you need to know, first.

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Thinking of selling your real estate brokerage? Here’s how to prepare

Housing Wire

This includes financials, organizational documents, agent productivity reports, operating metrics, vendor contracts, lease agreements, employment agreements, insurance documents, and more. From a data lens, transactions can be broken out into three different stages: Valuation , Due Diligence , and Contract.

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Agent vs. REALTOR®: Why the Difference Matters

Lamacchia Realty

AGENT VS. REALTOR: WHY THE DIFFERENCE MATTERS Often, we hear the terms “real estate agent” and “REALTOR ®” being used synonymously. To the everyday buyer and seller , they may not think there is much of a difference between the two.

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7 best real estate schools in Illinois (IL) for 2024

Housing Wire

If you’re looking for the best real estate schools in Illinois to complete the required 75 hours of class time you’ll need to get a broker’s license, we’re here to help. In Illinois, real estate agents are called brokers. Self-paced. 15 of required 75 hrs.

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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. This includes “opinions of real property value or price.” Overview of NAR Code of Ethics: Articles 1–13.

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NAR Member Survey on Appraisal Data Collectors

Appraisal Today

They included appraisers, real estate agents, and someone with a week, a month, or online video training. Using MLS photos is a joke, as real estate agents don’t take photos of defects. A buyer gets a seller’s disclosure statement for that information. I see very different levels of inspectors.