Today, we are presenting another outstanding offering by an industry leader, Wayne Bell. In the article, Wayne discusses the California laws concerning lawyers brokering properties. Interestingly, I have had the privilege of doing DRE license preparation classes for lawyers across the state. Yes, many of them read too much into every question, but they are […]
ANOTHER LOOK AT OPEN HOUSES
FROM A TRUE PROFESSIONAL JIM CASEY AND NON-TRADITIONAL BROKERAGE Today, I want to highlight Jim Casey, a Burbank Realtor and a friend. Jim was a national speaker, and I attended many of his presentations at the National Association of Realtors, the California Association of Realtors, and other locations. He was one of the “really” great […]
NMLS Renewal Information
NMLS recently sent the following email to Mortgage Loan Originators who had not yet completed their continuing education as of July 10th. In case you missed it, here’s a quick summary:As of July 10, your education record in NMLS shows “pending” because you have not yet completed continuing education (CE) for this year. CE is […]
PROPOSED REGS CONCERNING BUYER/BROKER AGENCY
The DRE has proposed new regulations concerning “Buyer-Broker Representation Agreements”. The new commissioner regulations—Sections 2908.1, 2908.2, and 2908.3—are part of AB 2992. I believe the best method to provide you the DRE information is to relay their notice. In pertinent part, AB 2992 provides a definition of a “buyer-broker representation agreement”, details minimum required terms […]
Home Sales Hit More Roadblocks: What’s Behind the Rising Cancellations?
The housing market continues to face headwinds—and now, an increasing number of homebuyers are backing out of deals. According to the National Association of Realtors and Redfin, pending home sales cancellations rose again in May, with economic uncertainty, mortgage rates, and affordability pressures all playing a role. Experts say everything from fluctuating stock markets to […]
Compass vs. Zillow: The Legal Battle Shaking Up Real Estate
24969898 – gavel against the background of the courthouse The real estate industry is no stranger to legal drama—but the latest lawsuit from Compass against Zillow could have far-reaching consequences for MLS policies, private listings, and even consumer access to homes. Compass claims Zillow is using its market power to suppress competition, but industry experts […]
IRS Has a Gift for You: Agents, Get This to Your Prospects
Tax Checklist for Newlyweds Summertime is common time for wedding bells to ring, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all newlyweds need to know. (I’ve underlined several […]
MORE UNIVERSAL TRUTHS
One of our recent emails about Universal Truths received some appreciated comments, so we’re including a few more. I’d like to start with one of my own. Gomer’s Law: “When beginning a new business or project, have no committee and keep your overhead low and your ego lower.” Akin’s 1st Law: “Engineering is done with […]
NEVER TOO LATE TO KEEP CLOSING
Many of you readers have closed sales recently. You drive yourself to work daily. As does Mary Wykes. One difference, she is 100 years of age. Hang in there everyone. https://www.nbcwashington.com/news/local/local-realtor-100-years-old-still-closing-deals/3915962
UNIVERSAL TRUTHS
What is a universal truth? A prime example is Murphy’s Law: “Anything that can go wrong will go wrong.” I have always added, “and at the worst possible time.” There were some other universal truths in a recent Roger’s Bacon Substack post. I have listed a few that are interesting to me. In The Grand […]