To that end, the IDFPR has authority to initiatedisciplinary proceedings against licensees for violations of the Illinois Real Estate Act of 2000.The IDFPR may “refuse to issue or renew a license, may place on probation, suspend, or revokeany license, reprimand, or take any other disciplinary or non-disciplinary action as theDepartment may deem proper or impose a fine not to exceed $25,000 upon any licensee underthis Act . . . for any one or combination of” the grounds for discipline set forth in §20-20 of theAct, 225 ILCS 454/20-20.Additionally, a licensee may be subject to both civil penalties and criminal liability for theunlicensed practice of real estate brokerage:Any person who practices, offers to practice, attempts to practice, or holds oneselfout to practice as a real estate broker, real estate salesperson, or leasing agentwithout being licensed under this Act shall, in addition to any other penaltyprovided by law, pay a civil penalty to the Department in an amount not to exceed$25,000 for each offense as determined by the Department. 225 ILCS 454/20-10(a).Any person who is found working or acting as a managing broker, real estatebroker, real estate salesperson, or leasing agent or holding himself or herself out asa licensed sponsoring broker, managing broker, real estate broker, real estatesalesperson, or leasing agent without being issued a valid existing license is guilty ofa Class A misdemeanor and on conviction of a second or subsequent offense theviolator shall be guilty of a Class 4 felony. 225 ILCS 454/20-22.It is a fundamental principle under Illinois law that parties can agree to any terms, and can contract in any situation, as long as there is no legal prohibition or public policy that dictates otherwise.Contracts for the sale of lands, tenements, or hereditaments or any interest in or concerning them for a term longer than one year must be in writing to satisfy the Frauds Act.

The Uniform Commercial Code (UCC) dictates what constitutes a sale, title rights and ownership rights conveyed for real or personal property, including intangible assets, contract rights, copy rights, etc.

Is the supply/demand dictate higher demand than supply?   

If you lose your job (or tenant), any rainy day savings you have will not last as long (it takes time to find another job or tenant).How much debt is too much debt is determined by your bank and should also be dictated by your own common sense. 

Then buyers will dictate the areas they want to invest in.

Common sense and logic would dictate that there is some bit of illegality involved with the tactic and that should be apparent if you are a day 1 newbie or a 15 yr veteran but just how wrong could it be?

By letting your personal experience dictate these kinds of criticisms, you're not helping anyone, rather this sort of negativity just pulls others down, when they really need someone to lift them up.

@Brent HillMarket dictate commissions.

And no, your analogy makes NO sense at all-- you are, in the described situation, attempting to dictate the terms of a future contract to which you are not a party.

People will always want more space if their budget dictates.