GLOSSARY OF TERMS
USEFUL COMMERCIAL LINKS
Prepared
by the Commercial/Investment Committee Mainstreet Organization
of REALTORS®
Contents
REALTOR®
Associations and Resources
Resources,
Publications, and Organizations (Non-REALTOR®)
Commercial
real estate databases
Statutes,
Rules, and Regulations, etc.
Business
brokerage
Education
Events
Calendars
Book,
Magazine, & Software Reviews
REALTOR® Associations and Resources
www.succeedwithmore.com
The website
of the Mainstreet Organization of REALTORS®
Investment section and commercial forms
www.ccim.com
Certified
Commercial Investment Member, “CCIM,” an NAR designation. A
Certified Commercial Investment Member (CCIM) is a recognized expert
in the disciplines of commercial and investment real estate. A CCIM
is an invaluable resource to the commercial real estate owner,
investor, and user, and is among an elite corps of 7,000
professionals across North America
who hold the CCIM designation -- the "Ph.D. of commercial real
estate."
www.cipsnetwork.com
REALTOR.org>About
CIPS Network (Certified International Property Specialist)
www.cre.org
CRE, the
Counselors of Real Estate, is an NAR designation and a professional
membership organization established exclusively for leading real
property advisors
www.irem.org
IREM, the
Institute of Real Estate Management, is an affiliate
of NAR and an association of property and asset managers who have
met the strict criteria in the areas of education, experience, and
ethics; offers the CPM designation, Certified Property Manager
www.nicar.com
NICAR, the
Northern Illinois Commercial Association of REALTORS®, is the
commercial overlay association for northern
Illinois
commercial practitioners, covering Cook, DuPage, DeKalb, Will,
Boone, Grundy, Kane, Kankakee,
Kendall, Lake, McHenry, Ogle, and
Winnebago Counties.
www.realtor.org/cipshome.nsf/pages/AboutCIPS
CIPS,
Certified International Property Specialist designation and Network;
(see www.cipsnetwork.com,
above)
www.realtor.com
An NAR
website
www.realtor.org
An NAR
website; REALTOR.org>Commercial>Commercial Real Estate, REALTORS®
Commercial Alliance; Find a Commercial Property; Find a Commercial
Broker; Industry Resources; Business Tools; Member Resources;
Commercial Affiliates; Commercial Boards and Structures; Institute
Affiliate Membership; Member Profile; Commercial Real Estate Humor;
Power Tools for Today’s Commercial Practitioners; News;
Legislative/Regulatory; Research; News/Publications; Specialty
Areas; Commercial Property Resources; and a How To…section
www.rliland.com
RLI, the
REALTORS® Land Institute, is an NAR affiliate, offering courses
leading to the ALC, or Accredited Land Consultant, designation; RLI
is focused on land brokerage transactions of five specialized types:
(1) farms and ranches; (2) undeveloped tracts of land; (3)
transitional and development land; (4) subdivision and wholesaling
of lots; and (5) site selection and assemblage of land parcels.
The REALTORSâ Land Institute’s main objective is to bring
together real estate professionals interested in the improvement of
their professional competence in activities related to land;
including land brokerage, agribusiness, land management, planning
and developing, appraising, acquisition, and any other land
specialty areas.
www.sior.com
SIOR, the
Society of Industrial and Office REALTORS®, is the leading
professional commercial and industrial real estate association.
The Society represents today’s most knowledgeable,
experienced, and successful commercial real estate brokerage
specialists and certifies its members with the SIOR (specialist,
industrial and office real estate) designation, a professional
symbol of the highest level of knowledge, production, and ethics in
the real estate industry.
Education
Northern
Illinois Association of REALTORSÒ,
nicar.com/continuing_education.htm
North
Shore-Barrington Association of REALTORSÒ,
www.nsbar.org > Commercial
CCIM
SIOR
Book, Magazine, & Software Lists and Reviews
(Most available in MORe Store)
Commercial
Real Estate: Listing Properties, Edward S. Smith, Jr., RECS,
Dearborn Real Estate Education, 2002, $15.25/$16.25 at the RWSSC
Realtor Store
Commercial
Real Estate: Understanding Investments, Edward S. Smith, Jr., RECS,
Dearborn Real Estate Education, 2002, $15.25/$16.25 at the RWSSC
Realtor Store
Commercial
Real Estate: Smart Marketing Practices, Edward S. Smith, Jr., RECS,
Dearborn Real Estate Education, 2002, $15.25/$16.25 at the RWSSC
Realtor Store
Negotiating Commercial Real
Estate Leases, Martin I. Zankel, Dearborn Real Estate Education
Company, 1991
The
Language of Real Estate, John W. Reilly,
Dearborn
Real Estate Education, 5th Ed., 2000
Resources, Publications, and Organizations (Non- REALTOR®)
www.aerialsexpress.com
Mapping
www.aireb.org
AIRE, the
Association of Industrial Real Estate Brokers
www.claritas.com
A provider
of precision marketing solutions, including customer segmentation
systems, geo-demographic solutions, enhanced and updated census
data, consumer and business data, and market analysis and site
selection.
www.cookcountyassessor.com
Cook County
Assessor’s website
www.earthquake.usgs.gov
U.S.
Geological Survey Earthquake Hazards Program website
www.fema.gov/maps/
Federal
Emergency Management Agency (FEMA),
U.S.
Department of Homeland Security, Multi-Hazard Mapping, Flood Hazard
Mapping, Map
Service
Center, Library Map Room,
and The FEMA Flood Map Store
www.icsc.org
International Council of Shopping Centers, ICSC, is the global trade
association of the shopping center industry; its publications
include Shopping Centers Today, a monthly magazine
www.industryclick.com
Primedia
Business Magazines & Media, publishers of National Real Estate
Investor and Shopping Center World magazines
www.inman.com
Real estate
news online
www.ired.com
International Real Estate Digest, the source for independent real
estate information
www.lawbulletin.com
Real
Estate> Illinois Real Estate Journal, Metro Chicago Office Guide,
Metro Chicago Real Estate Magazine, Metro Chicago Retail Space
Guide, Midwest Real Estate News, Chicago Industrial Properties,
Illinois Red, Metro Chicago Business Parks Guide, Midwest
MortgageMakers Magazine
www.mapping.usgs.gov
Topographic
maps
www.naiop.org
National
Association of Industrial and Office Properties
www.nwi.fws.gov
U. S. Fish
& Wildlife Service, National Wetlands Inventory, Products and
Services, Interactive Mapper Tool, Downloads, Maps/Metadata, Digital
Data Updates, NWI Codes/Definitions, Regional Wetlands Offices,
Branch of Habitat Assessment, Publications, and NWI Office Directory
www.pikenet.com
A general
commercial real estate site with directories, e-Newsletter, PikeNet
Forum
www.property.com
A
commercial real estate portal with various services; the Dealmakers
@Property.com
www.recyber.com
Real Estate
Cyberspace Society, cyber services for real estate professionals
www.smartpages.comwww.spaceguide.com
Tracks
office, retail, and industrial space in the
Midwest, including building data, in-depth articles,
industry news, and real estate resources.
www.terraserver.com
SBC online
Yellow Pages
www.yellowpages.com
Mapping
www.uli.org
ULI, the
Urban Land Institute; the mission of the Urban Land Institute is to
provide responsible leadership in the use of land in order to
enhance the total environment; holds forums, assembles task forces,
maintains district councils, and conducts continuing and university
education programs
Commercial real estate databases and marketing websites
www.blacksguide.com
Provides
comprehensive real estate information in nineteen markets and a
proprietary database of more than 80,000 office and industrial
properties
www.ccimnet.com
CCIMNet was
developed for CCIM by Catylist
www.cityfeet.com
The Chicago
TRIBUNE’s online resource for commercial real estate, specializing
in office space, executive suites, retail, and investment property.
www.commercialforum.com
A
Commercial Information Exchange (“CIE”), which automatically uploads
its listings to a national site, CCIMNet.com
www.corpconn.com
Corporate
Connection Online, a commercial listing data service and a Northern
Illinois Commercial Association of REALTORS® “NICAR” designated
service
www.costar.com
A source
for confirmed sales comparables; restricted to licensed users
www.gensburgltd.com
Realty
Showcase offers a commercial Listing and “Searching For” databases
and a nightly Needs and Wants Email covering Searching For,
Industrial, Calendar Events, Commercial, Open House Announcements,
Office, Land, and Investments, with weekly entries for Businesses
for Sale and Land, 10 acres or larger.
Thirty (30) day free trial periods are available. Email
SEFGarch@aol.com.
www.loopnet.com
A
commercial real estate database, offering free limited access with
basic membership and enhanced services through Premium Membership at
$39.95/month; has a 1031
Exchange
Center
www.propertyline.com
Realty
Showcase,
see www.gensburgltd.com
www.realtyinvestor.com
www.storetrax.com
The Retail
Real Estate World Online
www.web-real-estate.com
Web Real
Estate Inc., marketing and news
Statutes, Rules and Regulations, Ordinances, etc.
www.idfpr.com
Illinois
Department of Financial and Professional Regulation
www.legis.state.il.us/commission/jcar/admincode/068/06801450sections.html
Administrative Code, Title 68: Professions and Occupations, Chapter
VIII: Office of Banks and Real Estate, Part 1450: Real Estate
License Act of 2000
www.illinoisrealtor.org/Member/government/sb2887.asp
Illinois
Association of REALTORS® Summary of Senate Bill 2887, amending the
Real Estate License Act of 2000
(see link
immediately below for full text)
www.legis.state.il.us/legislation/fulltext.asp?DocName=&SessionId=3&GA=93&DocTypeId=SB&DocNum=2887&GAID=3&LegID=9835&SpecSess=&Session.
Senate Bill
2887, signed into law by Governor Rod R. Blagojevich on August 19,
2004, amending the Real Estate License Act (Public Act 93-957)
www.legis.state.il.us/legislation/ilcs/ilcs.asp
> Chapter
225 > Section 454
The Real
Estate License Act of 2000,
Illinois
Compiled Statutes, Professions and Occupations, 225 ILCS 454/
www.legis.state.il.us/legislation/ilcs/ilcs.asp
> Chapter
770 > Section 15
The
Illinois Commercial Real Estate Broker Lien
Act, Illinois
Compiled Statutes, Liens, 770 ILCS15/
Outline of
the major changes of the
Real Estate License Act of 2000
Business brokerage
Publisher
of the Business Brokerage newsletter, the Complete Guide to Business
Brokerage, and the Business Reference Guide; also BizComps
www.cyberdriveillinois.com/departments/securities/regs_bus_brokers_act1995.pdf
Regulations Under Illinois Business Broker Act of 1995, amended
1-01-01
www.legis.state.il.us/legislation/ilcs/ilcs.asp
> Chapter
815 > Section 307
The
Illinois Business Brokers Act of 1995; includes business broker lien
provisions
www.ibba.org
The International Business Brokers Association, “IBBA,” is the
largest non-profit association operating exclusively for the benefit
of people engaged in the various aspects of a business brokerage and
mergers and acquisitions.
Its website includes IBBA Broker Education courses,
Semi-annual Conferences, a business database, and the Certified
Business Intermediary “CBI” designation.
www.mbbi.org
Midwest Business Brokers and Intermediaries, “MBBI,” is an
association of mergers and acquisitions advisors in the
Midwest. Its
website includes a Calendar of Events, Business Opportunities, and
Links
www.sos.state.il.us/departments/securities/business_broker/home.html
Operating as a Business Broker in Illinois; Registration and
Licensing, Fees (…securities/brkrreg.html); Forms (PDF format),
“Information Regarding the Filing of a Registration as a Business
Broker Under Section 10-10 of the Illinois Business Brokers Act of
1995,” “Application for Registration as a Business Broker” (Illinois
Form BB01) (…securities/form.html), Secretary of State, Illinois
Securities Department
Supporter of Equal Housing Opportunity and
Employer and supporter of the Fair Housing Act.
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