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Department of Real Estate Guidance and Checklists

Best Practices The agency released many publications concerning how to operate in today’s market. There are FAQ’s for Processes, Business Practices, and Impacts on Applicants and Licensees. There are two extremely important and far reaching items. First, Industry Guidance: Real Transactions, and a General Checklist for Transactions. Learn how to operate today and close sales. […]

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Real Estate Vocabulary For Buyers and Sellers

Pocket Listing Pocket Listing:  This is a listing of a broker member of the local Multiple Listing Service that is not placed into the Service. Do all listings have to be submitted to Multiple?  No. Exceptions are: Listings for apartment houses, commercial buildings, etc.Listings out of the local area not covered by the Multiple. Listings […]

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TRUST FUNDS

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 […]

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DRE COMPLIANCE GOALS – FOR BROKERS

  By Summer Goralik: Former DRE Investigator, Lecturer, Author; Real Estate Compliance Consultant; Ethics Student Fundamentals of Broker Supervision In an effort to stay true to my own goals this year, I am writing a follow-up piece to my recent post on “DRE Compliance Goals”. That post, which you can read by clicking here, https://www.expertdrecompliance.com/blog/dre-compliance-goals […]

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