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Real Estate License Education
 
 
Managing Broker THURSDAY

Are you a Managing Broker that would like to revert back to a Broker?

I do not wish to renew as a Managing Broker and would like to revert back to the Broker license. Is this possible?

Please refer to Managing Broker to Broker Transfer Application. Please note ALL requirements and fees will need to meet in order to revert back.

Ethics Citation Program

ILLINOIS ASSOCIATION of REALTORS®

The Illinois Association of REALTORS® Ethics Citation Program is limited to specific violations of the REALTOR® Code of Ethics. Other ethics complaints which fall outside of the articles listed below should be handled through the regular complaint process. Please read the sections of the Code below and make sure your submission meets one of the criteria.  If you have questions, you may call the Citation hotline at (217) 529-6137 or visit www.illinoisrealtors.org/citation-form

IHDA New Mortgage Program - Announcment

Illinois Housing Development Authority Announces New Mortgage Program for Home Buyers and Owners

Check out the @HomeIllinois Mortgage Program

The Illinois Housing Development Authority has unveiled the @HomeIllinois mortgage, a new product designed to make homeownership affordable and accessible for creditworthy borrowers. This product offers $5,000 in down payment assistance.

@HomeIllinois is a safe, 30-year fixed rate mortgage with a suite of a la carte options so first-time buyers, repeat buyers or homeowners looking to refinance can customize the loan to fit their individual need. This is the first time IHDA has offered down payment assistance for repeat buyers. READ MORE>>>

Forms & Contracts Updates

The Peoria County Bar Association and the PAAR Contracts Committee have been diligently working to refine several forms on which updates are needed.  We anticipate their release 1st Quarter 2015.

 

LockBox Return

Too Many Lockboxes in you inventory…… Return unused lockboxes now and save on your next quarterly invoice!!!

Invoices for 3rd quarter MLS fees will be sent out on May 14 and will include lockbox lease fees for lockboxes currently in your possession.  If you feel you have an excess amount of lockboxes in your inventory, now is the time to return any of those unwanted boxes. 

Please note:  June 12, 2015 is the deadline without penalty fees and to return any lockboxes that you do not wish to lease for the next lease period of July through December 2015.  The penalty period for late payments is June 15 – 30, 2015.

My PAAR Connection Helpful Hints

With the rollout of the new membership system, RAMCO, we have all seen changes.  Here are a couple hints that might help you: