Industry News

Realtor worries Chicago-area homeowners with letter

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

A Chicago Realtor scared a group of of homeowners with a letter that stated that they may need to relocate because of a planned airport expansion project, the Southwest News-Herald reported. The letter, signed by Martin Barboza of Century 21 Blair James Realty, stated, "I am very sorry to hear about the government's decision regarding your property ... The reason why I am sorry is for the simple reason that there is a good chance of you needing to relocate due to the Midway Airport Expansion," according to the report. Barboza also reportedly stated in the letter that he could help them to get fair market value for their properties and to help them find new homes. The managing deputy commissioner of Midway International Airport sent out letters to rebut Barboza's letter, the News-Herald also reported. The commissioner stated that the Realtor's letter was a "sales pitch" and a "deeply offensive and irresponsible scare tactic." The commissioner also stated, "It is not realistic to attemp...