tHINGS TO KNOW
Source of Income Now a Protected Class in Illinois
Source of Income Now a Protected Class in Illinois
Source of Income Now a Protected Class in Illinois
As of Jan. 1. 2023, source of income (SOI) has been added to the list of statewide protected classes under the Illinois Human Rights Act. The new law bans discrimination in housing based on source of income, including housing choice vouchers.
The definition of SOI means “the lawful manner in which an individual supports or
As of Jan. 1. 2023, source of income (SOI) has been added to the list of statewide protected classes under the Illinois Human Rights Act. The new law bans discrimination in housing based on source of income, including housing choice vouchers.
The definition of SOI means “the lawful manner in which an individual supports or his or her dependents,” according to the Illinois Human Rights Act Section 5/1-103(O-5). Presumably, this definition includes legal wages, commissions, alimony, child support, veterans’ benefits, social security and any public assistance including housing choice vouchers, sometimes referred to as Section 8 subsidies.
Property owners who choose not to accept legal source of income could face a Fair Housing violation issued by the Illinois Department of Human Rights (IDHR).
Also, be mindful that regulations can vary by local ordinances. Consult your local legal counsel or Housing Authority for clarifications.
https://chicagorealtor.com/source-of-income-now-a-protected-class-in-illinois/
How Virtual Reality is Changing Real Estate!
Source of Income Now a Protected Class in Illinois
Source of Income Now a Protected Class in Illinois
MAKE HOUSE HUNTING MORE EFFICIENT
Virtual reality has the potential to make house hunting more efficient for buyers and simplify the showing process. “A REALTOR® can have a VR headset with them and quickly show their clients a range of properties so the buyer can get a sense of whether it’s worth a visit or not,” Bell said.
This is particu
MAKE HOUSE HUNTING MORE EFFICIENT
Virtual reality has the potential to make house hunting more efficient for buyers and simplify the showing process. “A REALTOR® can have a VR headset with them and quickly show their clients a range of properties so the buyer can get a sense of whether it’s worth a visit or not,” Bell said.
This is particularly helpful when clients are on a time crunch or remote, and it adds value to your interactions because it’s reinforcing the fact that you aren’t wasting their time.
REDUCE STRESS OF BUYING REMOTELY & RELOCATING
Virtual reality is a prime tool for helping remote buyers get a better sense for what they are purchasing. Because virtual reality takes you inside a home, you can get an idea of how large the kitchen is and if a bathroom is too cramped for your liking, all without actually having to be in the home. This is a great tool for those who can’t make a special trip to tour a property in person. “The added sense of presence is powerful, especially for remote buyers. It may be their only impression” Bell noted.”
ADD VALUE TO OPEN HOUSES
While some people see VR as rendering open houses obsolete, this isn’t necessarily the case. VR can add value to your open house. “It makes the process more efficient,” Bell said. “The people who show up will be more serious buyers.”
https://chicagorealtor.com/selling-future-virtual-reality-changing-real-estate/
List Your Home Virtual with CBA Realty, Corp!
Source of Income Now a Protected Class in Illinois
List Your Home Virtual with CBA Realty, Corp!
Illinois Sellers...
When you hire CBA Realty, Corp to sell your home virtually - all buyers will be able to view your home just as if they were physically there!
What does this mean for you?
Less traffic in your home!
Faster & safer way to track buyer's interest!
A true professional working with you every step of the way!
Call today to list virtually!
Mechie Silas
773-720-7704