We’re honored to feature an article written by Wayne Bell, former California Real Estate Commissioner. His in-depth perspective offers real value for real estate professionals—this isn’t a quick teaser, it’s a must-read full of substance. Don’t miss the opportunity to learn from one of the most respected voices in the industry. An Easy and Fundamental […]
Archive | New Laws
Lawyers as Brokers
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 […]
What Are Wayne Bell and Tricia Parkhurst Doing?
The two Department of Real Estate veterans have formed a new company to assist real estate professionals like you. According to their website (www.reaaca.com), their mission is to provide value-added guidance and support for real estate consumers and licensed professionals. To help you understand how valuable their expertise is, I have included extensive bios for […]
MYTHS, MISINFORMATION AND FALSE RUMORS ABOUT NAR SETTLEMENT
It is a quiet Friday morning so I thought that I would debunk some of the myths and rumors about the NAR Settlement. By now, most of you know these facts. Just in case you missed some claims by the not-knowing writers in national publications I present these myths. I am not an attorney but […]
Assembly Bill 1771 The Real Estate Flipper Bill (So Called)
The official name of this bill is “The California Housing Speculation Act”. It is designed to place an extra tax on anyone who buys a property and sells it quickly. The bill was introduced in February and is moving slowly through the hallways. Christopher Ward of San Diego wrote the bill and it is an […]
Judge Blocks Oregon’s Housing Love-Letter Ban
An Oregon State Law effective January 1, 2022 has been blocked by a Federal Judge. The state legislature believed that letters written by prospective buyers to sellers telling why they should be picked as the buyer when there are many offers. Advocates state that the letters lead to housing discrimination and the judge said that […]
The Controversial Proposition 19
Taking a Stance Some people love it. Some people hate it. Some people do not care a bit about it, and some people do not even know what in the world all the talk is about, and then it hits them and they fall into either category one or two. It involves property tax assessment […]
New Change to MLO Continuing Education Webinars
Changes for 2022 NMLS is constantly making changes for Course Providers like Duane Gomer Education. Due to the pandemic we have been doing webinars instead of seminars and the response has been gratifying. Of course, there will be changes. I believe this latest one will be effective on June 6, 2022. The student’s cameras must […]
SB 263 Adds a New Required Course for DRE CE
SB263 Beginning January 1, 2023 there will be a new 2 hour course required when Real Estate Licensees want to complete their 45 hours of Continuing Education every four years. The course is entitled, “Implicit Bias”. Senator Susan Rubio (D-Baldwin Park), the author said that “Systemic racism and bias can make it even more difficult […]
Alert To All Debt Collectors
SB 908 SB 908 was passed in late 2020 and the major aspect is that all Debt Collectors must be licensed through the State Department of Finance, Protection and Innovation by January 1, 2022. Maybe it is time to start the process. It would be a shame if some debt collectors would not be able […]