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CR Magazine - Winter 2016

Winter 2016 issue of the Chicago REALTOR® (CR) Magazine the official publication of the Chicago Association of REALTORS®.

FROM THE CEO The end of

FROM THE CEO The end of the year is always a time for reflection. We’re busy assessing what worked this year and what we want to build on for next year. It’s an especially exciting time for us at the Association, as we begin the new year in our new home at 430 N. Michigan, the REALTOR ® Building. Throughout this process, from initiating the search for a commercial broker representative, to forming work groups and touring buildings, it has been a year of profound collaboration. I want to thank the members of C.A.R.’s Building Work Group, Space Planning & Design Work Group and Board of Directors for their careful consideration of our options and the future of the Association. We’ve questioned the way we utilize our physical space, as well as how we deliver our essential services to our members. We believe that our new office will truly be a major benefit for you, our members, as we tap into the synergies with Illinois REALTORS ® and the National Association of REALTORS ® that come with a shared space. Check out the 4 30 N. Michigan Renovation Diary I invite you to check out the Renovation Diary here in the magazine (starting on page 21), as well as online at ChicagoREALTOR.com, and see how we’re transformed the blank slate into an incredible space for you to work, learn, collaborate and thrive. We’ll be throwing an open house in the coming months; but don’t wait until then – stop on by. We are thrilled for our 13,500 members and 8,000 students to be beneficiaries of this new and improved, innovative environment, and we’d be happy to give you a tour. Our new home is yours, too. GINGER DOWNS, rce, cae, cips, iom Chief Executive Officer Chicago Association of REALTORS ® 6 Chicago REALTOR ® Magazine

Imagine your business if... • There was an extra tax on your real estate commission • There was an extra tax on your clients’ real estate transactions • There was no mortgage interest deduction, costing your clients millions • There was an extra tax on your MLS subscription • There was a ten percent tax on all your advertisements RPAC dollars work to keep these issues from being your reality. Invest in RPAC to protect your clients and your business, today. PRO-REALTOR ® RPAC SUPPORTS PRO-BUSINESS CANDIDATES WHO PRO-GROWTH RPAC is one of the most bi-partisan PACs in the nation UNDERSTAND & PROMOTE REAL ESTATE ISSUES SUPPORT LOW TAXES www.ChicagoREALTOR.com/RPAC Contributions are not deductible as charitable contributions for federal income tax purposes. The Illinois REALTORS ® Political Action Committee (RPAC) collects contributions from members of the National Association of REALTORS ® (NAR) for political activities. A portion of each contribution will be used for state political activities; at least 30% will be used for federal campaign purposes. The federal portion will be charged against an individual's federal contribution limits under 2 USC 441a. Contributions are VOLUNTARY and refusal to contribute does not affect membership rights. A member may contribute more or less than the suggested amount. A copy of our report filed with the State Board of Elections is (or will be) available on the Board's official website www.elections.il.gov or for purchase from the State Board of Elections, Springfield, Illinois. www.ChicagoREALTOR.com 7