MRED Blog
REinventing MLS
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Illinois REALTORS®, MRED Extend Member Benefit Subscription to Inman Select
Illinois REALTORS® and MRED are pleased to announce that they have signed an extension to continue to provide real estate professionals throughout Illinois with Inman Select.
That means that the more than 44,000 Illinois REALTORS®, many of whom are also customers of MRED, will continue to get access to the daily news service that provides extensive coverage of real estate news and trends. It’s an important member benefit that was provided by the organizations beginning in 2015.
If you haven’t signed up to claim your membership, it’s easy to do. Just go here.
“The real estate industry is complex, and providing information to our members to help our members navigate the business is an essential part of Illinois REALTORS®’ mission,” said Illinois REALTORS® President Mike Drews. ‘We’re pleased to be able to partner with MRED to provide this service.”
“Anytime we can help our customers, and do it with our great friends and partners at Illinois REALTORS®, we’re in,” said MRED President/Chief Executive Officer Rebecca Jensen. “Inman Select does a great job of informing real estate professionals, and knowledgeable brokers are successful brokers.”
Signing up for Inman Select gives access to the service’s constantly updated news feed, an email newsletter and information on upcoming events.
Blog Post via Illinois REALTORS®
SentriLock Now Integrated With Homesnap
Realtors using SentriLock to open lockbox key doors now have the option to view that listing in Homesnap as soon as the lock opens!
The process is simple:
1. Login to SentriSmart
2. Locate the property you wish to see.
3. Type in your PIN.
4. Once you’ve received the access code, enter it into the lockbox.
5. When prompted, choose Homesnap to view the property details. This will pull up the listing in Homesnap.
It’s simple! Now you can learn everything you need to know about the listing from the best real estate app around.
Blog Post via Homesnap Blog
Want to Get an A? Hire A Real Estate Pro [Infographic]
Blog Post via KCM Blog
Why You Should Hire a Real Estate Professional When Buying a Home!
Many people wonder whether they should hire a real estate professional to assist them in buying their dream home or if they should first try to go it on their own. In today’s market: you need an experienced professional!
You Need an Expert Guide if You Are Traveling a Dangerous Path
The field of real estate is loaded with land mines. You need a true expert to guide you through the dangerous pitfalls that currently exist. Finding a home that is priced appropriately and ready for you to move in to can be tricky. An agent listens to your wants and needs, and can sift through the homes that do not fit within the parameters of your “dream home.”
A great agent will also have relationships with mortgage professionals and other experts that you will need in securing your dream home.
You Need a Skilled Negotiator
In today’s market, hiring a talented negotiator could save you thousands, perhaps tens of thousands of dollars. Each step of the way – from the original offer, to the possible renegotiation of that offer after a home inspection, to the possible cancellation of the deal based on a troubled appraisal – you need someone who can keep the deal together until it closes.
Realize that when an agent is negotiating their commission with you, they are negotiating their own salary; the salary that keeps a roof over their family’s head; the salary that puts food on their family’s table. If they are quick to take less when negotiating for themselves and their families, what makes you think they will not act the same way when negotiating for you and your family?
If they were Clark Kent when negotiating with you, they will not turn into Superman when negotiating with the buyer or seller in your deal.
Bottom Line
Famous sayings become famous because they are true. You get what you pay for. Just like a good accountant or a good attorney, a good agent will save you money…not cost you money.
Blog Post via KCM Blog
BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?
Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market.
The most immediate impact of Brexit will be on mortgage interest rates. Interest rates have remained at historic lows for the last several years. Contrary to what many experts believed, rates have remained low throughout the first half of 2016.
Possible impact of Brexit on mortgage rates?
In a recent article, the Washington Post explained:
“Brexit has spawned the recent bout of volatility in global financial markets. That has anxious investors scurrying for safety — and few assets are safer than U.S. Treasuries. High demand for government debt pulls down interest rates.
That all translates into ultra-low mortgage rates for American households. And with Britain voting for Brexit, they could go even lower.”
However, the lower rates caused by Brexit may be short lived as Trulia Chief Economist Ralph McLaughlin pointed out in a recent post:
“While the departure of the UK from the European Union has driven down the 10-year bond, and thus mortgage rates, we expect them to rebound later in the year as uncertainty over the economic consequences of the departure lifts.”
Bottom Line
Rates are already at historic lows. The UK’s exit from the EU almost certainly guarantees they will remain low (and possibly go lower) over the next few months. If you were thinking of buying your first home or trading up to the house of your dreams, this may be the time to act. The cost of money may never be better for a potential buyer.
Blog Post via KCM Blog
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