Winter 2024 Chicago REALTOR® Magazine

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FROM THE CEO W e are facing challenging times. The value of a REALTOR ® is being challenged. However, I’ve seen the value of a REALTOR ® first-hand-- through meeting and connecting with all of you and also through my personal real estate experiences. When I first decided I wanted to buy a home, I was unsure of where to turn. My brothers both owned homes but were new to the process. One was, in fact, the victim of predatory lending during his homebuying experience. I’ve known my personal REALTOR ® for 24 years; she and I are Delta Sigma Theta sorority sisters, and I knew that she was a REALTOR ® . So, I turned to her for help. I said, “I want to buy a house. What do I do?” and she immediately helped me start the process. She walked me through what to expect from the transaction, helped me clean up my credit score, found a lender for me and was by my side through the multi-year process of finding my perfect home. And I know this wasn’t special treatment; for as long as she’s been my REALTOR ® , I’ve seen her provide this exact level of expertise and care to many of her clients. Since my first homebuying experience, my REALTOR ® was the person I called when I experienced major life changes. She helped me rent my house when I moved to Seattle. When I moved back to Chicago and knew the house wouldn’t be sufficient for my larger family, including my husband and son, she helped me sell my first home and find us a new one that met our needs. My REALTOR ® has essentially been part of my family. She assisted my brother with a short sale that was a result of predatory lending, and she helped multiple other family members with buying and selling their homes over the years. Now I, and all of my family, view her as an extension of our family. The trust we have in her to help us through some of the biggest financial decisions of our lives is invaluable. I’ve seen how all of you go above and beyond for your clients and our city. I have confidence that we will continue to show why REALTORS ® are vital to the real estate industry, our communities and those who live within them. Let’s continue to make Chicago a vibrant place to live, work and play. MICHELLE MILLS CLEMENT, fasae, cae, rce Chief Executive Officer Chicago Association of REALTORS ® 6 Chicago REALTOR ® Magazine
Chicago REALTOR ® CR Magazine 2023-2024 BOARD OF DIRECTORS PRESIDENT Drussy Hernandez PRESIDENT-ELECT Erika Villegas TREASURER Lutalo McGee IMMEDIATE PAST PRESIDENT Sarah Ware DIRECTORS Rafael Alvarado Gaspar Flores Jr. Mabél Guzmán Moses Hall Lyle Harlow Linda Hattar Marki Lemons Ryhal Megan Oswald Ayoub Rabah Deanous Reid Rachel Scheid Erik Schwab Linda Scott Vicky Silvano Staci Slattery Amy Wu CHIEF EXECUTIVE OFFICER Michelle Mills Clement, fasae, cae, rce Housing Statistics at Your Fingertips Be the local market expert with our market statistics. We offer ready-to-use Chicago real estate statistics that are an exclusive member benefit for all members. FastStats FastStats’ ready-to-use reports are released both weekly and monthly. They include monthly indicators, neighborhood reports, lender-mediated reports and weekly market activity reports. Quarterly & Annual Spreadsheets Our statistical spreadsheets are a great resource for housing market trends in Chicago’s 77 neighborhoods and 293 suburbs dating back to 1995. Statistics consist of average sales price, median sales price, market time, units sold and percent changes. The Chicago REALTOR ® Magazine is published by the Chicago Association of REALTORS ® for its members. Advertising is purchased and does not necessarily represent the position of the Chicago Association of REALTORS ® . EDITOR-IN-CHIEF Michelle Mills Clement, fasae, cae, rce michelle@chicagorealtor.com EDITOR Jessica Kern, rce jkern@chicagorealtor.com MANAGING EDITOR Cory Hall chall@chicagorealtor.com ART DIRECTOR Jim August jaugust@chicagorealtor.com For advertising information please contact Mary Beth Durkin (312) 214-5530 or mdurkin@chicagorealtor.com Monthly Snapshots & Shareable Social Media Graphics The market snapshot provides an in-depth look at monthly homebuying and selling statistics for the city of Chicago. Included with the data are talking points and social media graphics for you to download and share on your channels. Chicago Association of REALTORS ® 430 N. Michigan Avenue Suite 800 Chicago, IL 60611 Ph: (312) 803-4900 Fax: (312) 803-4905 www.ChicagoREALTOR.com NOTICE TO MEMBERS Under long established policy of this Association, the Illinois REALTORS ® and the National Association of REALTORS ® : 1. The broker’s 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 party to the listing agreement. 2. The compensation paid by the 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. Want More Statistics Training? Sign up for: Utilizing Statistical Data To Enhance Client And Customer Engagement Self-Paced, Online Training | Just $ 29 ChicagoREALTOR.com/skill www.ChicagoREALTOR.com 7
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Page 4 and 5: PRESIDENT’S PERSPECTIVE Not all l
Page 8 and 9: EDITOR’S PICKS JESSICA KERN, rce
Page 10 and 11: 2024 PRESIDENT DRUSSY Hernandez “
Page 12 and 13: After graduating college, Hernandez
Page 14 and 15: Meet the 2023-2024 BOARD OF DIRECTO
Page 16 and 17: continued from page 15 MARKI LEMONS
Page 18 and 19: CHICAGO REALTORS ® LEADING THE WAY
Page 20 and 21: HALL OF FAME MARION VALLE Marion Va
Page 22 and 23: Your Online Membership Experience I
Page 24 and 25: Your Key to Thriving in a High Inte
Page 26 and 27: How to Be A Partner During the Appr
Page 28 and 29: What To Do If There Are Mistakes or
Page 30 and 31: It’s easy to interact with client
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Page 36 and 37: INDUSTRY PARTNERS 36 Chicago REALTO
Page 38 and 39: 1 2 4 3 116 TH ANNUAL GOLF CLASSIC
Page 40 and 41: 3 1 2 4 2023 YPN SUMMER MIXER Thank
Page 42 and 43: 1 2 3 2023 SUMMER SOIRÉE On Thursd
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Page 46 and 47: 1. Sarah Ware, Ware Realty Group, &
Page 48 and 49: Association News Directors Take on
Page 50 and 51: Education for Chicago REALTORS ® ,

Winter 2024 Chicago REALTOR® Magazine

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