Wednesday, September 29, 2010

Luxury Sales Are Clicking At @properties

@properties has built the #1 luxury market share in Chicago* thanks to the knowledge, skill and hard work of our incomparable real estate professionals, as well as marketing programs that generate maximum exposure for listings priced at $1 million and above. Now high-end buyers and sellers alike will benefit from our latest marketing innovation: the @properties Luxury Collection Online Magazine.

Click through dozens of pages of spectacular homes - each featuring an average of seven professionally shot color photos. And link directly to the listing on the @properties web site for complete property details, additional photos, video tours, neighborhood info, school ratings and more. Separate editions highlight city and North Shore properties.

The @properties Luxury Collection Online Magazine can be viewed online anytime. It’s updated quarterly and e-mailed to our database of more than 450,000 clients, prospects and subscribers twice a year (winter and summer). Whether you’re looking for a new luxury home or just looking for inspiration, be sure to check out this exciting new feature at atproperties.com.

5000 REASONS TO CELEBRATE
For the 5th consecutive year, @properties has been named to the prestigious Inc. 500 | Inc. 5000 list of the fastest growing private companies in America. We continue to grow, create local jobs, and, most importantly, sell homes throughout Chicagoland.

@properties and the Inc. 500 | 5000
Inc. 500: 2006Inc. 5000: 2007, 2008, 2009, 2010One of only 38 real estate companies in the Inc. 5000 The only Illinois broker of for-sale homes Among the top 25% of real estate companies by revenueGRAND OPENING IN WINNETKA
Moving to the North Shore? @properties is proud to announce the grand opening of our new Winnetka office, located at 30 Green Bay Road, just south of the Indian Hill Metra station. Peruse listings in our state-of-the-art conference rooms, learn about our industry-leading marketing programs and see why @properties is the fastest-growing real estate brokerage firm on the North Shore. Contact me to make an appointment.
* #1 luxury market share based on closed-sales dollar volume, year to date, for transactions $1 million and above in the city of Chicago. Source: BrokerMetrics / MRED LLC.

Inc. 500|5000 is a registered trademark of Mansueto Ventures LLC.

Dave Straub
@properties
773.255.3180

Monday, September 6, 2010

Chicago renters, condo buyers could get protections

Daley proposal would increase conversion warning from 4 to 9 months.

Renters and condominium buyers in Chicago would get more protection from developers under a plan unveiled Thursday by Mayor Richard Daley, who acknowledged that it comes too late to protect people who had problems during the real estate boom that preceded the recession.

The proposal, which Daley will introduce at Wednesday's City Council meeting, would increase the forewarning developers have to give renters if they plan to convert apartments into condos from four months to nine months. It also would require landlords to give renters at least $1,500 to relocate if their building is going to be converted.

Developers also would have to give condo buyers a standardized "disclosure summary" about taxes and assessments on the property and the condition of the building before purchase, Daley said.

Though developers aren't doing much conversion work now because of Chicago's glut of condos and the depressed housing market, Daley said the proposal will be important when the city's real estate market heats up again.

"It's going to come back, and we want to be able to learn by mistakes, let's be realistic, things that did not take place in order to protect people, simple as that," the mayor said during a news conference at a park in the Belmont Cragin neighborhood on the Northwest Side.

"These proposals will serve residents and neighborhoods now, and when the housing market begins to rebound, so there's no better time to enact them into law," Daley said.

The proposed ordinance is based on the recommendations of the Condominium Conversion Task Force. The mayor appointed the group of aldermen, real estate agents, developers and renters' rights advocates in 2007 to recommend stronger standards. The group released its report Thursday.

jebyrne@tribune.com http://www.chicagotribune.com/news/local/ct-met-daley-0902-20100902,0,4498761.story