About
Any professional aspiring to a high level of entrepreneurial success would be duly…
Articles by RICHARD M.
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Home Values up 5.08% in 2015
Home Values up 5.08% in 2015
2015 has shown us another positive growth year in residential real estate for the Chicagoland market. We have recorded…
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Earn over $150k/yr Being Average
Earn over $150k/yr Being Average
It has been long known that the real estate industry can make people multimillionaires through many different areas of…
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Home Prices Soar 6.87% in 2014
Home Prices Soar 6.87% in 2014
With nearly 120,000 homes sold in the Greater Chicagoland Area in 2014, it's comforting to say that our housing market…
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2014 Prospect Equities® Year End
2014 Prospect Equities® Year End
Much thanks to all our clients, agents, vendors, and cooperating brokers for another fabulous year. 1,232 closings for…
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Activity
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✨Market Insight✨ Inventory is still substantially low and not much movement over the last month with respect to the prior month data. Single…
✨Market Insight✨ Inventory is still substantially low and not much movement over the last month with respect to the prior month data. Single…
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✨MARKET INSIGHT✨ Based on the last 2 months of data, even with inventory being substantially low and interest rates hovering around 20 year highs…
✨MARKET INSIGHT✨ Based on the last 2 months of data, even with inventory being substantially low and interest rates hovering around 20 year highs…
Liked by RICHARD M. KILLIAN
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Please join us in welcoming our newest team member, Shuyu Jia, to Prospect Equities as a Software Engineer on our Tech Operations Team. Currently…
Please join us in welcoming our newest team member, Shuyu Jia, to Prospect Equities as a Software Engineer on our Tech Operations Team. Currently…
Liked by RICHARD M. KILLIAN
Experience
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Education
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Harvard University
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This prestigious and comprehensive program is undisputedly the world's most elite real estate leadership education which awarded Rich a valuable opportunity to learn with people who have been down the same path of success as he. As one who is highly sought-after for his knowledge and insights, Rich fully commits to give his best to those who make the conscious choice to learn from him.
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Activities and Societies: First Graduate of the Roosevelt Chicago School of Real Estate
-Founder, The Richard M. Killian Annual Real Estate Scholarship Award
-Perpetuity naming rights, Campus Bookstore: Chicago Campus
-Perpetuity naming rights, Student Success Center: Schaumburg Campus
-Active Member, President's Advisory Board -
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Activities and Societies: Delta Chi Fraternity, Personal Trainer, ACE Certified, American Society of Civil Engineers, SIUC Bridge Design Team
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Activities and Societies: Baseball, Math Team, Speech and Debate Team, Chess Team
Honors & Awards
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The Army Good Conduct Medal
U.S. Armed Forces
Upon his honorable discharge from active duty, Rich was given this medal, awarded for "exemplary behavior, efficiency, and fidelity in active Federal Military service."
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The Overseas Service Ribbon
U.S. Armed Forces
An Overseas Service Ribbon is a service military award of the United States military which recognizes those service members who have performed military tours of duty outside the borders of the United States of America.
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Humanitarian Service Medal
U.S. Department of Defense
Recognized for his relief efforts in the wake of Hurricane Iniki, the most powerful hurricane to ever strike the Hawaiian Islands, Rich was given this individual service medal, awarded for "meritorious participation in a significant military act or operation of a humanitarian nature, or have rendered a special service to mankind."
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The Army Achievement Medal - With 3 Oak Leaf Clusters
U.S. Armed Forces
Awarded for "meritorious service or achievement in either combat or noncombat situations based on sustained performance or specific achievement of a superlative nature but which does not warrant a Commendation Medal or higher."
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National Defense Service Medal (NDSM)
U.S. Armed Forces
Recognized for his service in the Iraqi Conflict in 1991, Rich was given this medal, awarded for "military service during periods of national emergency."
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The Army Service Ribbon (ASR)
U.S. Armed Forces
Awarded for "completion of any advanced individual training."
Languages
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English
Native or bilingual proficiency
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Spanish
Professional working proficiency
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Chinese Madarin
Limited working proficiency
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Italian
Limited working proficiency
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French
Limited working proficiency
Organizations
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Miami Association of Realtors
Member
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Real Estate Board of New York
Member
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Chicago Association of Realtors
Member
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National Association of Realtors®
Member
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Non-Commissioned Officers Association (NCOA)
Member
- Present
Recommendations received
86 people have recommended RICHARD M.
Join now to viewMore activity by RICHARD M.
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Welcoming our newest employee, Nik Sun, a recent graduate from Rice University and now with PE as a Data Scientist on our Tech Operations Team (TOT).…
Welcoming our newest employee, Nik Sun, a recent graduate from Rice University and now with PE as a Data Scientist on our Tech Operations Team (TOT).…
Liked by RICHARD M. KILLIAN
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✨MARKET INSIGHT✨ April has seen a notch up in pricing and decreased market times. Also take note, the gap between original asking price and close…
✨MARKET INSIGHT✨ April has seen a notch up in pricing and decreased market times. Also take note, the gap between original asking price and close…
Liked by RICHARD M. KILLIAN
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Nice work on this to Yandan Wang and her Marketing Team!!
Nice work on this to Yandan Wang and her Marketing Team!!
Shared by RICHARD M. KILLIAN
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Discover firsthand why Prospect Equities® is the brokerage of choice for agents! Hear directly from our agents as they share their compelling reasons…
Discover firsthand why Prospect Equities® is the brokerage of choice for agents! Hear directly from our agents as they share their compelling reasons…
Liked by RICHARD M. KILLIAN
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There is a stark contrast between when an employee discusses their increment with a manager who is the business owner versus a manager who is not an…
There is a stark contrast between when an employee discusses their increment with a manager who is the business owner versus a manager who is not an…
Liked by RICHARD M. KILLIAN
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“Performance vs Politics: The Leader's Dilemma" a call to action for leaders to navigate the challenges of office politics. Nurturing a thriving…
“Performance vs Politics: The Leader's Dilemma" a call to action for leaders to navigate the challenges of office politics. Nurturing a thriving…
Liked by RICHARD M. KILLIAN
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Our annual day of giving, LakersDay, is one week away! LakersDay is a chance for you to showcase your Laker pride and help us grow the RU community.…
Our annual day of giving, LakersDay, is one week away! LakersDay is a chance for you to showcase your Laker pride and help us grow the RU community.…
Liked by RICHARD M. KILLIAN
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✨MARKET INSIGHT✨ March has seen a decrease in market time and 20 % discounts from original asking prices in both single family homes and attached…
✨MARKET INSIGHT✨ March has seen a decrease in market time and 20 % discounts from original asking prices in both single family homes and attached…
Liked by RICHARD M. KILLIAN
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We are thrilled to announce that Prospect Equities is celebrating its 24th birthday today🎉🎂 As we reflect on the past 24 years, we are filled…
We are thrilled to announce that Prospect Equities is celebrating its 24th birthday today🎉🎂 As we reflect on the past 24 years, we are filled…
Liked by RICHARD M. KILLIAN
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Little-known fact about Drake: He makes music specifically for real estate investors from rural Wisconsin. In 2010, Drake dropped his album “Take…
Little-known fact about Drake: He makes music specifically for real estate investors from rural Wisconsin. In 2010, Drake dropped his album “Take…
Liked by RICHARD M. KILLIAN
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✨Market Insight✨ The start of the new year's first month has seen an increase in market time and large discounts from original asking prices in both…
✨Market Insight✨ The start of the new year's first month has seen an increase in market time and large discounts from original asking prices in both…
Liked by RICHARD M. KILLIAN
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2023 Year-End Market Insight The 2023 real estate market was one of the slowest transaction volume markets in 3 decades. Transaction volume was…
2023 Year-End Market Insight The 2023 real estate market was one of the slowest transaction volume markets in 3 decades. Transaction volume was…
Liked by RICHARD M. KILLIAN
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Happy Holidays Friends! This is a great time to share love, to confess, and to look forward to the new advantures and start the new…
Happy Holidays Friends! This is a great time to share love, to confess, and to look forward to the new advantures and start the new…
Liked by RICHARD M. KILLIAN
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Christian Penner
The Fed’s preferred inflation measure, annual Core PCE, remained at a three-year low while home sales were subdued in June. Plus, economic growth in the second quarter surprised to the upside. Here are last week’s headlines: https://lnkd.in/eHRZVFRe ----- If you have any questions or if you are buying or selling a home & need some expert mortgage advice or want to chat about your unique scenario just contact me right away: https://bit.ly/CPSavvyCard Call me directly ☎561-373-0987 To schedule a time to talk with me just click here: 🗓 https://lnkd.in/e2gVN-vf Apply for a mortgage now at 🌐 https://lnkd.in/dsrQjhuy If you apply, please text me your full name and email address 📱561-373-0987 We Specialize in All Types of Mortgage Loans and Real Estate Deals. Check them all out here: https://bit.ly/AMSProducts Our goal for you is to help you to minimize your tax liability and maximize your cash flow. In today's market, a mortgage loan is more than ever a financial instrument that must be tied into your long and short-term personal financial plan. This will allow you to create a debt strategy that will help you to build long-term wealth for you and your family. You can keep this link to follow the interest rate trends: https://bit.ly/amsrates Keep in mind our rates are better than this average by about .25% because we shop more than 250 residential and over 10K Commercial banks, lenders & mortgage companies to give you amazingly low rates and the largest product line in the country! 🔍 Whether you’re looking for financing 💰 or to BUY 🏡, SELL 🔄, LEASE 📝, INVEST 💹 or BUILD YOUR DREAM HOME 🏗 or OFFICE 🏢 on Residential Properties 🏘, Commercial Real Estate 🏬, or Development Commercial Real Estate 🏗, Yachts 🛥, Aircrafts ✈, RVs 🚐, or Exotic Cars 🚗 – call us TODAY 📞. No matter the NEED 🎯 or GOAL 🏆 – let’s make CONFIDENT decisions together 👥💼. Helping You Achieve The American Dream Of Home Ownership.
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Mitchell Simonson
From Panic to Profit, An Appraiser's Story The real estate market has experienced significant market changes over the past few years. It's had a direct impact on many appraisers, their work volume and opportunities. With real estate being cyclical, it's not the first time and won't be the last. There are many ways you can prepare, lean into and embrace any market downturn. We don't have the ability to dictate the direction of the market, but we do have control on our mindset, actions and approach to moving forward, no matter which direction the market is headed. "Working RE" magazine is published to help readers build their businesses, reduce their risk of liability and stay informed on important technology and industry issues. Isaac Peck and Tony Jones interviewed me recently on strategies I've adopted in my career that have helped me overcome challenges, develop new skills and optimize ways for generating new business. Developing clarity on who you can serve best, with your unique skillset is an effective way to attract the right clients and opportunties and create win-win scenarios for your clients and you. Give the article a read and don't hesitate to reach out with any questions! #passion #cre #commercialrealestate #residentialrealestate #appraisers #valuation #appraisal
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Raffi Holzer
Our team at Palazzo just released a great blog post on the impact of the NAR settlement. But I've been particularly curious about the possible 2nd order effects of this new status quo. For those who don't know, this settlement means that buyer's agents will no longer be paid by the seller by default. The home buyer is going to have to negotiate upfront how they will be paying their agent. This increased transparency is likely to put some downward pressure on the income of real estate agents across the board and also make new models of service more attractive. I could see some agents adoption a fee-for-service model, or offering a flat fee per engagement. Flat fee models in particular will likely necessitate the increased use of technology so that an agent can successfully service clients while taking a lower rate. It will be interesting to see what new models crop up. I'd love to hear from those who have an informed opinion on the matter how this shift in market dynamics will ultimately play out.
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Mark Leader
From Theory to Profit: Actionable Real Estate Listing Strategies | Listing Formula Workshop Watch the video on Youtube: https://lnkd.in/gXBMsmVp Discover the mindset and skills needed to excel in real estate. I'll share actionable strategies to become a top listing agent, generate leads, and win listings. Learn how to put theory into practice, navigate tough markets, and transform your real estate career. This guide, based on my proven methods, will equip you with tools for success - regardless of your current situation. Remember, knowledge only converts to success when you take action.
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