Real estate news & trends
Latest news from YoChicago
Apartment rental services
Jose L recently posted a 5-star Yelp review of iMove Chicago in which he used the C word – twice – to describe a Yelper who had negatively reviewed iMove on July 10 of last year. You can see Jose L’s ugly review in the screen cap, along with his deranged Yelp review of YoChicago. ...
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Posted by Joe Zekas on February 6, 2013
Stephanie Konow and Katie Bommarito are former rental services agents who grew frustrated with that business and set out to connect Chicago tenants directly with landlords by founding Chicago Rentals Direct. Eighteen months ago they led me on a tour of the six rental high-rises in the New East Side neighborhood – the area bounded ...
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Posted by Joe Zekas on January 22, 2013
Chicago’s rental services a/k/a apartment locators a/k/a apartment finders are looking forward to the annual seasonal uptick in rental activity, and advertising to fill positions with “unlimited earning potential.” All of the firms boast that they have the largest number of listings, lead all the others in technology, offer the best commission split in the ...
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Posted by Joe Zekas on January 9, 2013
The Illinois Real Estate License Act, 225 ILCS 454, makes it illegal for licensed brokers to run blind ads. Section 1-10 of the Act defines a blind ad: “Blind advertisement” means any real estate advertisement that does not include the sponsoring broker’s business name and that is used by any licensee regarding the sale or ...
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Posted by Joe Zekas on December 27, 2012
New renters in Chicago are often confused or misled by Craigslist ads into believing that they’re contacting a landlord or management company when they respond to an ad by one of the many apartment locators / finders / rental services. Many of the rental service ads on Craigslist are for non-existent apartments or apartments only ...
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Posted by Joe Zekas on November 28, 2012
We’ve previously alerted you to twenty-five things apartment rental services won’t tell you. Now we’ll alert you to one they wish you’d never known: you can ask the rental services to rebate a part of their commission, which is typically a full month’s rent although some landlords pay only half a month’s rent as a ...
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Posted by Joe Zekas on April 4, 2011
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