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Streeterville
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Home to Northwestern Memorial Hospital and the iconic Lake Point Tower. Streeterville offers some of the best real estate Chicagoread more

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New East Side
Chicago

Chicago's highly touted neighborhood known as The New East Side is at Chicago's core, and is close to the vast array of cultural amenities read more

Managing Partner, Matthew Farrell, Inaugurated as 130th President of Chicago Association of REALTORS®

Matt Farrell, Urban Real Estate Chicago

Chicago, IL - September 26, 2013; Urban Real Estate is proud to announce that managing partner, Matthew Farrell, was inaugurated as the President of the Chicago Association of REALTORS® (CAR) Wednesday night, term to begin on October 1, 2013. Farrell becomes the 130th president of CAR, one of the youngest presidents in the history of the association. The 130th Inaugural Gala, held at the all-glass triangular luxury Swissôtel in Chicago’s New East Side neighborhood, saw over 700 industry leaders in attendance, including 40 agents and guests from Farrell’s own Urban Real Estate brokerage. Michael Emery, a partner at Urban Real Estate, presided over the installation and swearing in of the new directors for the board.

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Who's Who 2014: Matt Farrell - Managing Broker & Chicago Association of REALTORS® President


From Chicago Agent Magazine:

'In his role as president of the Chicago Association of REALTORS® (C.A.R.), Matt Farrell has been the president to watch, as he has engaged members across generations, especially amongst young professionals since his involvement in 2009.

“I was never asked to get involved at C.A.R., but once I learned how to do so, I immediately found rewarding relationships and gained greater knowledge of our industry from working with fellow REALTORS® and association staff alike,” Farrell says.

C.A.R.’s first Young Professionals Network (YPN) chairman caught the eye of colleagues across the country for his ability to engage and reach out. With fellow members, he has raised the bar on the importance of advocacy and investing in the REALTORS® Political Action Committee (RPAC), as well as emphasized the need for increased cooperation and professionalism among REALTORS®.

“Technology has brought our businesses many advantages, both in how we serve our clients and in the tools we can use to be better practitioners,” Farrell adds.

As the managing partner of Urban Real Estate, a boutique luxury firm in Chicago, Farrell leverages technology and his industry relationships to provide the best experience for his firm’s clients and brokers.'

Who's Who 2014: Urban Real Estate Edition


From Chicago Agent Magazine:

'Urban Real Estate’s top-producing agents all play a part in driving the company’s continued success. A few of these top producers – Matt Silver, Chris Vernald and Kelly Smith – have notable individual achievements, experience, market knowledge and tenacious work ethic that rank them among Chicago’s elite residential agents.

Silver, the director of professional development for Urban Real Estate, also serves on the Chicago Association of Realtors (CAR) board of directors, and is the 2014-15 treasurer-elect for the association and the federal political coordinator for Congressman Brad Schneider in Illinois’ 10th Congressional District. Silver’s celebrity clientele includes notable athletes, entertainers and top executives. Silver’s abilities to negotiate and provide the highest level of client service are notable and recognized by his peers.

Vernald handles all of Urban Real Estate’s short sales, and his vast experience in both traditional and short sales has proven to build a successful referral business.

Smith’s attention to detail throughout the transaction has helped him gain an ever-expanding referral base. “Become more than your clients’ Realtor – become their go-to source for all their home needs,” he says. Already known in the neighborhoods of Bucktown, Wicker Park and Logan Square, Smith is now expanding into Oak Park.

Also important additions to Urban Real Estate’s stellar team of agents, Vickie Liu and Michael Emery stand out as top producers for the competitive brokerage.

Liu was recognized by Chicago magazine as a 2013 “Five Star Real Estate Agent,” a distinction awarded to less than 2 percent of brokers in the Chicagoland area. Also a fellow CAR top producer, she is a top agent for international and high net-worth clients requiring patience, discretion, flexibility and her uncompromising dedication.

Emery’s British wit and charm, coupled with his knowledge of the Chicago market, make him both an exceptional agent and manager. His passion for Urban Real Estate stems from a unique company culture where the personal attention of a boutique firm meets high-level marketing and technology.

“Urban Real Estate offers clients the boutique brokerage experience they seek, but with leading technology and a Web presence that far exceeds any large brokerage,” Emery says. “Hands down, there isn’t a better way for sellers to be found than the multi-channel marketing Urban Real Estate offers.”'

Chicago Magazine & HousingWire Present Chicago's Top 12 Suburbs



Chicago Magazine and HousingWire recently compiled a list of the best Chicago suburbs to live in, basing their results on variables such as homes, education, crime, and city life.

Urban's Managing Broker and president of the Chicago Association of REALTORS®, Matt Farrell, spoke with HousingWire about the effects the 2013-14 winter had on the real estate market in Chicago saying, "The market is booming, with extremely low inventory levels and high buyer demand causing bidding wars and fast market times.  It’s amazing how much the marketplace has turned from a few years back."

In regards to the coming spring season, Matt added that "Buyers are ready to move and as homes come on the market, they are aggressively making their best offers.  Median pricing is up, signaling a strong market on the rise.  As sellers get their homes show-ready for a spring market, we believe these homes, too, will move quickly, if priced right."

Chicago Tribune Speaks to Matt Farrell Regarding Changes to Security Deposit Requirements


Urban Real Estate's Managing Broker and President of the Chicago Association of REALTORS®, Matt Farrell, spoke with the Chicago Tribune about CAR's advisement to Chicago landlords to stop requiring security deposits. "We were starting to feel like our members were at risk. We haven't been able to change the (ordinance) yet, so we're taking steps to protect (landlords.)"

Matt Farrell Speaks with FOX Chicago 32! (VIDEO)


Managing Broker and President of the Chicago Association of REALTORS® Matt Farrell recently spoke to Fox Chicago 32 about Chicago rent prices and how the 3.2% nationwide increase will affect the renter in 2014.

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