How Much Do Real Estate Agents Make?

It’s common question for consumers, students and real estate professionals: How much do real estate agents make? The answer can vary wildly depending on where you’re working, how many hours a week and with whom. The following infographic will explain some of the variables. Whether you’re an agent, a potential buyer or just someone thinking about getting into the real estate business, we think you’ll find it useful.

What’s a Move-Up Buyer to Do?

Regional Spotlight—Selling one home and buying another is never a simple task. As market conditions change, so does the nature of that challenge. Currently, in the metro Chicago real estate market and across much of northern Illinois, the seller-buyer confronts an active market with rising prices and strong demand but a relatively limited inventory of…

Living Smart: Buying a House

(MCT)—Home may be where the heart is, but the house-buying process can easily become a headache. To keep hassles to a minimum, take time to independently evaluate each professional you’ll need, from lender to real estate agent to home inspector to title agent. Choose client-focused, experienced pros who are appropriately licensed. Here are additional tips,…

Priciest, cheapest listings to hit the market this week

25 Columbus Circle, 482 West 150th Street The priciest pad to hit the Manhattan market this week is a high-floor $35 million condominium at 25 Columbus Circle in the Time Warner Center in Lincoln Square. The three-bedroom, 3,491-square-foot duplex is 70 stories above the southeast corner of Central Park and boasts a custom sound system, automatic solar shades,…

Why Renters Renovate

Kelly and Brandon Michon used plenty of their own elbow grease to clear out old carpets and remove layers of plaster, but got professional help for technical work like redesigning the kitchen, right. Katherine Marks for The New York Times After finding a two-bedroom one-bath fixer-upper in the financial district last fall, Kelly and Brandon…

Long on Horsepower

  The second-floor living room of a building that once housed horses, carriages and cars for a nearby mansion. Marilynn K. Yee/The New York Times A historic Beaux-Arts-style Upper East Side carriage house that has remained in the same family for its entire 110-year existence “” morphing from a repository for horses and carriages belonging…

Mortgages: New Snags for the Self-Employed

  By LISA PREVOST – Borrowers who are self-employed may have a tougher time obtaining a mortgage under new federal regulations requiring lenders to verify applicants’€™ ability to repay. Effective this month, the rules, created by the Consumer Financial Protection Bureau as part of the Dodd-Frank lending reforms, set up standards for “€œqualified mortgages,”€ or mortgages…