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April 2006

Welcome to NSBAR's REALTOR eNews!

April is finally here and the weather's starting to get nice! In between rounds of golf, it's important that you stay up-to-date on the latest going-ons in area real estate. Some recent changes in Lake Forest could affect you and your clients. Plus, read about an antitrust refresher article in "It's the Rule". It's all in this month's REALTOR News!

It's the Rule
Do not at any time use any of the words and phrases which IAR’s Program for Compliance designates ad Dangerous. Since such statements are so dangerous, they need to be emphasized here along with some other similar words and phrases...

Education Update
Attention Brokers! Time is quickly running out to complete your CE requirements and to renew your license! NSBAR has added some great new elective courses on Radon and Construction Law in March. Plus - double check to see that the date your class was supposed to be hasn't changed as we had to switch a few items around. NSBAR has some great designation courses lined up, including CIPS and we just added another CRS in March!. Register TODAY for your classes to renew your brokers license. And salespersons, don't forget that you don't have to wait to take your CE either. Check out our list of classes.

Governmental Affairs
Second Time Must Be a Charm for Lake Forest
Despite NSBAR’s efforts in opposition of Lake Forest ’s local real estate transfer tax, it passed 58% to 42%. What does this mean for you and your clients? The City’s Financial Committee is recommending that the transfer tax will be levied on the buyer of any residential or commercial real estate closing on or after July 5, 2006 . This transfer tax will be $4.00/$1,000.00, with a $2,000 refund for those residents moving within the City of Lake Forest .

Steve's Street
Steve discusses identity theft, plus gives you some really nifty sites to use to aid your business...

Upcoming NSBAR Events

NSBAR Afterhours Join is at Hackney's in Wheeling as Jeff Nathan of Home Inspectors Consortium takes agents through a presentation on what they need to know about the Home Inspection Process. Don't miss this entertaining and informative event. This is a great opportunity to network with other REALTORS, industry professionals and NSBAR staff members. RSVP to Chris Huizenga by April 26th for just $10.00 (to cover the cost of the room and appetizers; Cash Bar). Email Chris now or call 847-480-7177. Hurry - space is limited!

Broker Orientation If you are considering becoming a broker and opening your own office, then this is the seminar for you! Click on the link above to learn more. The next seminar will be held at NSBAR Northbrook on June 16th.

Certified International Property Specialist This course has been postponed until July 20 and 21. Please check back soon and keep an eye out for a scheduling update for CIPS.

Notice: Under the long-established policy of the North Shore - Barrington Association of REALTORS, the Illinois Association REALTORS and the National Association of REALTORS:

1. The brokers compensation for services rendered in respect to any listing is solely a matter of negotiation between the broker and his or her client, and is not fixed, controlled, recommended, or maintained by any persons not a party to the listing agreement.
2. The compensation paid by a listing broker to a cooperating broker in respect to any listing is established by the listing broker and is not fixed, controlled, recommended or maintained by any persons other than the listing broker.

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