Make some extra income on your Listings!

Why is social media important to our real estate business? Does your social media profile tell everyone that you are the source for real estate and that you are offering your services. In this workshop we will take you step by step how to update your profile, username, handle and key words... We will discuss how to create credibility and share your value proposition on social media. Let's create SOCIAL PROOF

Having the right home owner insurance coverage for your property is essential. Do you know how to talk with your clients about the coverage that they may need. Barbara, from State Farm will discuss features that homeowners should be adding to their poliicies in order to have sufficient coverage.

This form is designed for two brokerages to agree on payment of compensation between each other, similar to practice prior to August 17, 2024. However, the buyer and seller may factor buyer brokerage compensation into the purchase contract by using the Seller to Pay Buyer’s Brokerage Compensation Addendum to the 7.0 Contract. Doing so would eliminate the need for this form. The August Practice Changes outlines three ways for buyer brokers to receive compensation: 1) seller agreement in the purchase contract; 2) portion of a listing broker’s compensation; or 3) compensation paid directly from the buyer. Brokerages should determine their office policy and clearly communicate that policy and recommendations to their clients. By encouraging a seller to offer compensation directly to a buyer to satisfy their buyer broker commitment, it takes the listing broker out of the negotiations and positions the buyer and seller to directly negotiate any compensation with the offer.

This form should be used when a buyer has requested no representation and is new to Mainstreet’s Forms and Contracts Library. This form may also be used in situations where the seller has not agreed to dual agency. This form provides important adherence to the Illinois Real Estate License Act. This Notice of No Agency Relationship form lists certain real estate services that are commonly provided to a buyer during a real estate transaction. This form also informs the buyer how they may receive those services, based on the type of agency options (i.e. no services under “No Agency”, limited services under “Dual Agency”, extensive services under “Buyer Representation”). This form also provides important notice to the buyer that a listing broker may receive compensation from both sides of the transaction, even when there is no buyer broker involved. For buyers who might be going straight to the listing broker to avoid buyer brokerage compensation to reduce their purchase price, this is an important item of disclosure.

This form may be used to convey the seller’s offer of compensation on a listed property. This notice may assist a buyer in deciding whether or not they wish to submit an offer. This form may not be shared via any Multiple Listing Service (MLS) and may be placed inside the actual physical property among other disclosure forms or marketing brochures. This form serves the purpose of informing prospective buyers and their buyer brokers if compensation is offered to a buyer broker.