Zillow calls Chicago’s Private Listing Network a ‘hidden listing scheme’

Zillow delayed the rollout of its ban on privately marketed listings in the nation’s third largest market, but the portal appears ready to crack down on widely used Private Listing Network. Continue reading

Illinois bill seeks to make Clear Cooperation into law

If passed into law, HB 3452 would require brokerages to market properties for sale on public platforms within one calendar day of entering into an agreement with a seller, unless the seller signed a disclosure and an opt-out form. Continue reading

In ‘shocker’ of a vote, Chicago transfer tax hike headed for defeat

The key policy item for first-term Mayor Brandon Johnson would have raised an estimated $100 million through a tax hike on real estate sales. Continue reading

Appeals court rules Chicago transfer tax hike can move ahead

Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5 million. Realtors say it amounts to a secret tax and rent hike. Continue reading