Come join us for networking, celebration, recognition and learning new ways to make more money PLUS lunch! Join us September 11 at Marriott Lincolnshire for our Annual Awards Luncheon starting immediately after tour. 12:30 cocktails and networking, 1:00 lunch, 1:30 John Ansbach who will give you insight on how to expand your business and make more money knowing how to work with all four generations currently listing and selling real estate. Honor those who have been in the business for a long time and those who have given to YOUR association from 2:30 - 3:30. Our next gathering won't be until January 25th for the mini convention. Tables of 10 so sign up together so you will be at the same table! $25 per person.
Join in the celebration of the National Association of REALTORS by submitting your photo for the huge poster. Click here to be a part of NAR history!
 One in five REALTORS in the U. S. sold a home to an international buyer within the past year, according to a study conducted by the National Association of REALTORS. Generating International Referral Business could be an important part of your business according to Pam O'Connor, CEO of Leading Real Estate Companies who spoke at the Chicago Association of REALTORS International Real Estate Expo on August 24. Here are some tips from O'Connor to create your own network of international brokers for referrals:
- Study the market. Are foreign buyers purchasing in your area? Are foreign businesses opening facilities in your city or are corporations in your area expanding to foreign locations?
- Create a task force with your agents from other countries/ethnicities to brainstorm international opportunities. This may include talking with university professors or foreign students to explore strategies.
- Open the door to international opportunities by participating in international committees of Chambers of Commerce, economic development, tourism or trade councils.
- Make your Web site "international consumer friendly" with appropriate content and translations.
The Highland Park Historic Preservation Commission is seeking nominations for its 17th annual Highland Park Preservation Awards. Homes do not have to have a landmark designation to be considered for an award. All buildings and landscapes that have been improved within the last two years are eligible. There are five award categories: restoration, rehabilitation, adaptive reuse, landscape restoration, and new construction – recognizing homes that are sympathetic to the scale, materials, and character of Highland Park’s historic neighborhoods. Nominations are due September 21, 2007 and nomination forms are available at the Highland Park Public Library or online.
 Q. I have noticed that many homeowners are taking advertising their home upon themselves even though they have an agent. Newspaper ads, online ads, Craigslist. Is it not the agents responsibility to educate the homeowner that once the listing agreement is completed that the agent is to handle all advertising? Many ads I am seeing are actually using the agent's photos. Please advise to the actions that need to be addressed.
A. The NSBAR listing agreement has a provision for this: Seller agrees that for the purpose of marketing the Property, only Broker is authorized to advertise, promote and marketthe Property which shall include, but not be limited to, in Broker's sole discretion, placement ofthe Property in any Multiple Listing Service of which Broker isa member, and promotion ofthe Property through an electronic medium and/or on any Internet home page to which Broker may subscribe. Broker isthe sole ownerofthe photos and data forms submitted to the Multiple Listing Service (s) and internet.
Remember, the license law states: (Sec. 10-30. Advertising) (a) No advertising shall be fraudulent, deceptive, inherently misleading, or proven to be misleading in practice. It shall be considered misleading or untruthful if, when taken as a whole, there is a distinct and reasonable possibility that it will be misunderstood or will deceive the ordinary purchaser, seller, lessee, lessor, or owner. Advertising shall contain all information necessary to communicate the information contained therein to the public in a direct and readily comprehensible manner. (b) No blind advertisements may be used by any licensee except as provided for in this Section." "Blind advertisement" means any real estate advertisement that does not include the sponsoring broker's business name and that is used by any licensee regarding the sale or lease of real estate, including his or her own, licensed activities, or the hiring of any licensee under this Act. The broker's business name in the case of a franchise shall include the
franchise's affiliation as well as the name of the individual firm.
- House Bill 1425, sponsored by Representative Dan Reitz and Senator Donne Trotter, was signed into law (P.A. 95-210). The new law will require a seller of residential property of 1-4 units to provide prospective buyers with a radon warning statement, specified in the statute, and to provide a radon awareness pamphlet that will be developed by the Illinois Emergency Management Agency. This bill was SUPPORTED by the IAR and it becomes effective Jan. 1, 2008.
- House Bill 1797, sponsored by Representative Harry Osterman and Senator Kwame Raoul, was signed into law (P.A. 95-221). This new law establishes a penalty for failure to give notice of the conversion of the condominium and the owner’s refusal to extend the tenant’s tenancy for 120 days as required by law following notice of conversion. The penalties include the tenant's actual moving expenses, not to exceed $1500; 3 months’ rent at the subject property; and reasonable attorney's fees and court costs. The IAR was NEUTRAL on this bill which is effective Jan 1, 2008.
This article from NAR gives 20 great tips on ways to save money, improve your health, and save energy by going green. Read more.
The REALTORS Commercial Alliance hosted a conference call on August 23, 2007 with Peter Linneman titled "Linneman's Take on the Credit Crisis." Read or listen to the interview here.
The city of Evanston is seeking to place a referendum on the February 5, 2008 election ballot asking voters to increase the Transfer Tax from $5 to $6 in order to fund the City’s pension debt. The City placed a similar referendum on the ballot this past November in order to support an affordable housing fund, and the referendum failed by a slim a margin. In November, NSBAR was a vocal and active critic of increasing the transfer tax and NSBAR will maintain its strong opposition to the February referendum as well. If you are an Evanston resident, please contact the Mayor and your respective Alderman today and let them know that homeowners are already encumbered with high, government imposed taxes. If you would like to volunteer your time to defeating this referendum, please contact, Howard Handler, NSBAR’s Government Affairs Director, at hhandler@nsbar.org or at 847-480-7177. Evanston residents can locate their Alderman here.
Only 4 percent of REALTORS® have a blog, according to NAR research. So what are you waiting for? Check out REALTOR® Magazine Online to learn how to get your blog up and running -- and generating business. Click here for more. (Source: NAR)
REALTOR.com has come into the 21st century offering a wide variety of consumer friendly programs. Make sure you know more than your customer by studying these new services!
Need to catch up on CE and the latest trends in real estate? Stack the cards in your favor, register for the IAR Convention & Expo, Sept. 19-21 in Oakbrook Terrace. Browse over 100 booths featuring marketing tools, technology, insurance services and more. Don't miss vendor presentations on the products and services you need to solve your everyday business challenges. Lunch is available in the Expo. Cash and prize drawings are also scheduled daily and you must be present to win! It’s an excellent networking and business opportunity!
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In observance of the Labor Day holiday, NSBAR offices will be closed on Monday September 3rd. Regular hours will resume Tuesday September 4th at 8:30 A.M. Have a safe and enjoyable holiday!
The Power of E-mail Marketing
9/28, 10am - 11:30am in Northbrook
Unlocking the Secrets of Microsoft Mail Merge
9/28, 4:30pm - 6:00pm in Northbrook
Yes, NSBAR has a committee in place to review the two lock box systems out there and make a recommendation to the Board of Directors. Our contract does not expire until December 2008 but with the RANWC signing early we thought we should investigate. Currently your Supra key will open the boxes of RANWC members. When they get their new key in JANUARY 2008 they will be unable to open your old gray/tan boxes but they can open the new Blue Boxes. Fox Valley will start using the new key in October of 2007.
Best way to dispel a rumor - call Terry and find out the facts!
Attend the Wine Tasting Event Hosted by The Illinois CCIM Chapter from 6:00 p.m. – 8:00 p.m on Thursday, September 20th at Carlucci’s, 6111 North River Road, Rosemont, IL. Try Three different wine tasting stations, wine sommeliers at each station, discussion and commentary on each wine. Enjoy an antipasti bar and hors d’oeuvres.Enjoy this opportunity to network with fellow Chapter members. For more information, and to register, click here.
In response to alarming foreclosure rates and unscrupulous lending practices, a coalition of advocates has convened in Evanston to address the crisis. The Evanston Foreclosure Prevention Task Force will begin by hosting a series of educational seminars aimed at first-time homebuyers and predatory loan victims to take place at BooCoo, Evanston’s new Cultural Center, 1832 Church Street on Thursdays, September 13 and October 4, 7-9pm. For details and to register, jasmine@interfaithhousingcenter.org 847/501-5768 or Cathy Katona 847.756.0159 ckatona@mac.com
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NSBAR is the Gateway to Education, Information and Technology for REALTOR® Members.
North Shore - Barrington Association of Realtors (NSBAR)
450 Skokie Blvd,
Bldg 1200
Northbrook, IL 60062
P: 847-480-7177
F: 847-480-7362
www.nsbar.org
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