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 Ownership
Business
Model
Access
Memberships
Mission
Advisors
Participating
Companies
Blog
Staff
Awards
Press
Coverage
News
Releases
Ownership
 ChicagoCondosOnline.com
is owned and operated by Condominium Enterprises, Inc., an Illinois S
corporation founded in July 2002. The company is owned by Ric Cox, an editor
turned entrepreneur. The office is located at 505 N. Lake Shore Drive,
Suite 5305, Chicago, Illinois, 60611.
Business Model
We are primarily a business-to-business company, selling
directly to Multiple Listing Services for their members, and to real-estate
brokerages and lending institutions, which buy annual subscriptions for their
sales agents or loan originators. Additional revenue comes from fees for
advertising, online transactions (sales of declarations, etc.) and
licensing of our content to other Web sites, including those of participating
brokerages. Our plans include expansion to other types of
properties and to other locations.
Access
Access to this site is available to anyone, on a
subscription-only basis. Subscriptions are sold primarily Multiple Listing Services and
to brokerages and lenders, on a office-wide basis.
Buyers may access the site, free, as guests of
participating agents or loan originators, or may purchase their own
subscriptions.
Memberships
Condominium Enterprises, Inc., is an affiliate member of
the Chicago Association of Realtors. ®.
Mission
“To make the pursuit of the perfect condominium the most
pleasurable experience possible, for both Realtor® and buyer.”
Advisors
Members of the Board of Advisors, all of whom serve without
pay, and have no financial stake in the company, are:
Howard Ackerman, senior vice president, Fifth Third Bank
Chicago
Bob Darrow, broker associate, @properties
Bud Fogel, CEO, Midwest Real Estate Data (MRED)
Ilyce Glink, consumer advocate and author
Jim Kinney , president, Rubloff Residential Properties
Bob Levin, president, Wolin-Levin, Inc.
Lou Lutz, president, Legum & Norman Midwest
Debbie Maue , broker associate, Jameson Realty
Jim Merrion , regional director, RE/MAX Northern Illinois
Tom Murray, former president, The Institute for
Entrepreneurship
Jim Stoller, president, The Building Group
Elaine Waxman , former sales director, industry consultant
Scott Woodard, CEO, ShowingTime.com
Participating Multiple Listing
Services
Midwest Real Estate Data (MRED), 42,000 members in Northern Illinois
Participating Property-Management
Companies
Content is gathered from many sources, most importantly
from property-management companies that manage the buildings. The 14
property-management companies that have agreed to provide data are among the
largest and most-respected in Chicago. They include: Wolin-Levin, Sudler (under
previous management), Kass Management, The Building Group, Draper & Kramer,
LaThomus, Community Specialists, Regent Realty, The Habitat Company, Venterra,
Baird & Warner, Falzone, American Invsco, First Properties.
Blog
On January 28, 2008, we launched a companion blog, ChicagoCondosOnline, at ChicagoCondosOnline.blogspot.com. In addition to offering monthly reports and analyses of the city's condo market, "Chicago's Best Condo Blog" features news coverage, Top 10 lists, profiles of top condo agents and tips for consumers and agents.
Condominium Enterprises Staff
President & CEO: Ric Cox
Vice President of Operations: Jill Landers
Database Administrator: Jeanette Smith
Chief Technical Architect: Chris Keslin
Web Developer: Matt Cook
Awards
In August 2005, the Chicago City Treasurer's Office awarded
ChicagoCondosOnline.com second place in its Business Plan Competition,
sponsored by Harris Bank.
In July 2005, the Graduate School of Business at the University of Chicago
selected ChicagoCondosOnline.com to receive consultation from a six-member team
of MBA students.
Press Coverage
May 8, 2008, "House Talk: How to Find Foreign Buyers for U.S. Properties," Jane Fletcher
January 11, 2008, "Starting a Business Instead of Retiring"
Metro Chicago Real Estate,
March 2007, "MAP MLS Connects Agents to Condominium Resource"
Chicago Agent,
January 29, 2007, "MAP MLS Adds Condo Info"
Real Estate Executive,
March 2007, "14,250 Agents, Loan Originators Enjoy Access to
ChicagoCondosOnline.com"
December 18, 2005, "Web site aims to be condos' Rosetta Stone," Mary Umberger
News Releases
January 11, 2008: "Despite 7% Fewer Unit Sales, City's Condos Appreciate 7%"
January 19, 2007: "MAP MLS to
Give Its 14,000 Agents, Their Buyers Free Access to ChicagoCondosOnline.com"
August 7, 2006: "Fifth Third Bank
First Lender To Offer Free Access To ChicagoCondosOnline.com"
December 6, 2005: "Ultimate
Online Resource Helps Chicago Agents Sell More Condos in Less Time With Less
Effort"
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