Sanctions The DRE sanctions hundreds of licensees monthly. Some serious mistakes and some that are not so serious. The information is posted monthly to the DRE website and remains there forever. I miss seeing the rulings in the quarterly bulletins. First thing we all used to read. This is similar to the CAR Wall of […]
Opinions To me the answer to that question is that you should do open houses in any market. However, I wanted to get opinions from two experts whom I have observed closely for years, Martha and John Karelius. Martha enjoyed a four decades long career in South OC and John excelled in Ventura county and […]
Tax-Deferred When people talk about 1031 Real Estate Exchanges, they use the word Tax-Free. The correct word is Tax-Deferred. You will be paying the tax sometime later. And in every exchange one party is normally going to be taxed, unless they are also doing an exchange. You can have several legs to an exchange, but […]
Trust Fund Management In my real estate classes I ask a question and many licensees do not know the correct answer. Ready? What is a worse crime in Trust Fund Management? Commingling or Conversion. They answer commingling because licensees are taught from their first class, never mix your personal funds with trust funds. Conversion according […]
URLA Changes Yes, the URLA that you have been using is a-changing. Optional use of the new rendition begins July 1, 2019 (in less than a month) and mandatory usage begins February 1, 2020. Important point to consider. New Lender Loan Information Form There will be a new Lender Loan Information Form. This information was […]
Path to Success To help DRE MLO’s to stay on the straight and narrow path to success, the DRE has prepared a manual that should be used by all MLO’s. This includes Brokers, MLO’s, and all the staff in a company. Trust Funds One of the most important sections is use of a Trust Fund. […]
What makes an education company successful? It’s simple: 1. Staff Find some nice people who are happy to help people and who are trained to know the important answers to all questions. 2. Content Have constantly updated materials that are not boring. 3. Online Make sure your computer programs for online courses are simple and […]
Education Duane Gomer Seminars can assist in many aspects of your education. 1. Get and renew any Real Estate Salesperson’s or Broker’s license, Notary Commission or Mortgage Loan Officer Certification. 2. Complete all qualifying courses for Real Estate Sales and Broker Sales, Notary Commissions and MLO certifications. 3. Use our Exam Prep Crash Course (Test […]
Antidisestablishmentarianism Many years ago at Benjamin Franklin Junior High in Racine, WI, Miss Bolton taught our English class that the longest word in any English Dictionary was Antidisestablishmentarianism. Cambridge English Dictionary Definition: “Opposition to the belief that there should not be an official relationship between a country’s government and its national church.” Pneumonoultramicroscopicsilicovolcanoconiosis I asked […]
DATING For years, I have used Real Estate terms to discuss dating. They do work. See what is available on the market – Caravanning Liking one more than the rest – Open Listing Exclusive Listing – Going Steady Opening Escrow – Getting Engaged Closing Escrow – Getting Married Subdivision – Children Notice of […]
