Archive | DRE Compliance


Summer Goralik Live

Unlicensed Fictitious Business Names Summer Goralik is very experienced in the field of DRE Compliance. Her resume includes several years at DRE as an investigator and author. Realty Times has posted an interview featuring Summer and the famous Terri Murphy. It discusses problems that can arise with the use of “unlicensed fictitious business names”. It […]

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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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Definition of word vocabulary in dictionary

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 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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