business man present diamond house model

DESIGNATIONS IN REAL ESTATE

There are hundreds of designations in the real estate field. Whenever I see a new one I like to ask, “Who awarded this designation to you”? It is amazing how many companies and associations give designations. There was one that I achieved and all I had to do was attend a four hour meeting, pass […]

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Top view of office worker's desk - work with financial reports, analysis and accounting, tables and graphs, various office items for bookkeeping

COMPARING 2022 LOANS TO 2006-2008 LOANS

There are many people today asking the question, “Are we headed for another 2006-2008 Recession?” Of course, nobody has the answer to this problem and many pundits are predicting the end of the world as we know it. However, the problems years ago were caused by the lending practices of the financial industry. This was […]

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17531167 - irs card on desck with tax files

IRS HAS SOME HELPFUL INFORMATION; FREE

IRS has always been an adversary for taxpayers. I am a small business owner so that opens up even more possibilities for problems. BUT, I have just discovered some very helpful information from the IRS via email. And some have saved me money. AND, there is more than just one email. Titles include Tax Tips, […]

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A yellow house on yellow background. 3d rendering

WHAT DOES “ADU” STAND FOR IN CALIFORNIA HOUSING?

Accessory Dwelling Units: The California Department of Housing and Community Development has one definition – ADUs and Junior Accessory Units (JADUs) are an innovative and effective option for adding much needed housing in California. You might want to read the SB 9 that became effective on January 1, 2022. Many changes to State regulations that […]

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DRE.CA.GOV:

DRE.CA.GOV:   There are the obvious articles and regulations, but it is the extra items that are interesting. You can look up a licensee’s history (how long, any sanctions), research publications you can use in your business, find out which Education Companies have been discontinued. Also, I would like to recommend one form that very few […]

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IMPORTANT ANNOUNCEMENT FOR REAL ESTATE LICENCEES RENEWING ON OR AFTER JANUARY 1ST, 2023

Senate Bill 263 passed on September 2021, which states that licensees renewing on or after January 1st, 2023 must complete a new 2-Hour Implicit Bias Course and a Fair Housing Course with a New Interactive Participatory Component to fulfill their renewal requirement for their Salesperson’s or Broker’s license. DRE is currently in the process of […]

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MSU_for_October_2022

Homebuyers now lean on ARMs to cover lost purchasing power — and that crutch is about to vanish; Monthly Statistical Update (September 2022)

The Monthly Statistical Update (MSU) keeps agents and brokers current on the market trends affecting California real estate transactions. In the September 2022 MSU, we cover: the leveling of California home prices, with prices barely rising in May 2022; ARM rates, which have increased rapidly in 2022, soon to surpass FRM rates; and the widening mortgage rate spread, which indicates […]

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1031 EXCHANGES

There are many rental owners who have extensive equity. Now is a great time for them to consider a Like-for-Like 1031 Exchange. They should consider taking their equity and becoming owners of three rental homes or more. Think about it. You find one prospect and you have generated four transactions and maybe even more sides. […]

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For Sale By Owner

EXPIRED LISTINGS AND FSBOs

Yes, expired listings have a tendency to appear in a Buyer’s Market. You might consider working this field. The internet is alive with recommended scripts. There seems to be four comments from homeowners who have their homes “expired”; #1 – “We are staying with our current agent.” #2 – “We are taking the property off […]

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