3 Types of Mortgages to Know
As a homeowner, being able to take a mortgage loan can initially seem like a daunting process. Aside from the legalities associated with it, there are many options to choose from. Some of the most common types of mortgage options range from Adjustable Rate Mortgage (AMR), Federal Housing Administration Loan (FHA), or the Veterans Administration […]
Property Type Surges for Built-for-Rent Properties
2021 has shown a significant surge in built-for-rent, commonly known as BFR, properties across the country. With a growing increase of 7%-10% within the last year, it is expected to grow to around 120,000 in 2022, 145,000 in 2023, 160,000 in 2024, and peak in 2025 at 180,000. Similar to other trends in the real […]
Courses at The Chicago Real Estate Institute
With over 25 years in business, the Chicago Real Estate Institute has helped jumpstart the careers of over 8,000 students in the real estate field. Offering a variation of accessible, affordable, and flexible pre-licensing courses for those interested in becoming a real estate agent or broker in Illinois. Our small class sizes allow our accomplished […]
Hashtags & Real Estate
As a real estate agent, it’s crucial to maximize your online presence to enhance the possibilities of your career by expanding your network and clientele. The advancements of technology and social media platforms have made it much easier to gain access to a larger consumer audience and tap into markets that may have been virtually […]
Social Media & Real Estate
Networking is key in the field of real estate. A successful agent can not only sell a listing on the market, but also has a wide range of clients. Whether an agent is representing the buyer or seller, a base of loyal patrons really airs the success of their career. In the present day of […]
Real Estate Brokers Break the Bank
As we enter in the 2nd half of 2021, the real estate market has proven itself to be very beneficial to professionals in the industry. This is mainly in part due to the increase of property listings being sold at a rapid rate all throughout the country. Thus, allowing the commission revenues received by the […]
Initial Tips to Achieve a Bidding Boost
The housing market’s current state is a sellers’ market as increase demand for homes runs rapid throughout the country. The competitiveness to secure a bid and ultimately own a desired property can be an aggressive task if a potential buyer is up against multiple contenders. Due to this, it’s crucial to know a couple of […]
What to Know About REO
Real Estate Owned or REO also commonly referred to as “bank owned”, is recognized as homes that have been foreclosed on by lenders or banks. A home can enter a state of foreclose for many reasons however, it’s usually due to the event when a borrower’s mortgage payments become delinquent and ultimately goes unpaid. The […]
Phase 5’s Effect on Real Estate
As we near closer to a state of normalcy, Illinois recently announced the plan to fully reopen as we enter Phase 5 since the start of the pandemic. Starting on June 11th, a full reopening will begin however not all restrictions will be lifted. Phase 5 is set to include the reopening at full capacity […]
Property Listing Warning Signs
As one is actively in search for a rental unit, the quest usually begins on the internet. The surge in virtual tours and socially distant property showings are now the new way of life. All of the communication between all parties involved are currently over-the-phone and at times, renters may sign a lease without having […]
