Governor Gavin Newsom has appointed Chika Sunquist, Department of Real Estate Commissioner. Duane Gomer Education commends this appointment after working with her when she was in charge of Mortgage Loan Originator matters at DRE. Currently, she is Assistant Commissioner of Enforcement. She has been at DRE since 2006 and worked in many different important roles. […]
Archive | Real Estate General
WHEN IS AN OFFER NOT AN OFFER ANYMORE?
A couple of basic thoughts that are misunderstood by people in a Real Estate Transaction. First, an offer is never complete until there is an acceptance and that acceptance has been communicated to the other party. Sellers make a counter and give three days for a reply. One day later they get a better offer. […]
Meeting People
Meeting nice people is the name of the game in real estate. I stumbled onto a method in the past few years. I walk in my local area and see nice people and dogs all the time. In the past I would ask the nice people if I could say hello. In almost all cases […]
Useful Tip for Real Estate Salespersons and Loan Originators
I attended a meeting of the California Association of Mortgage Professionals and heard a useful marketing tool mentioned again by Nelson Otero, President of the Southern Los Angeles County Chapter. I say again because Professional Real Estate Broker Terry Yapp of Mission Viejo has followed this technique with me many times. Just after the first […]
An Interview With Doug McCauley California Department of Real Estate Commissioner
The Commissioner of the California Department of Real Estate, Doug McCauley, was very generous with his time and allowed me to interview him on his two year anniversary. I asked him the questions that I thought licensees would ask if they had this opportunity. His candid and open answers should help us better understand the […]
7 Ideas for Real Estaters In This Market
You Can Never Be Too Educated When I started I knew that I wanted to sell apartment houses by syndicating them and then property managing them during our ownership. To do this I found that my best sources for leads was teaching at UCLA in their evening Real Estate classes, speaking at Apartment Association meetings, […]
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 […]
Real Estaters – The New RPA is Now 16 Pages; I Remember When It Was One
New and Improved The new RPA is now released and in widespread use across the State. There are so many positive improvements, most of which are right on the first page. Now all the key contract points are listed in an easy to read grid. C.A.R. has published an excellent QUICK GUIDE summarizing the changes. […]
Duane Gomer Looks Back At 60 Years of Real Estate
In The Beginning In December of 1961 I received a Real Estate License from the California Department of Real Estate, Number 00257862. It is now December 2021 and I am still licensed and working. That is 60 years plus. This journey started after I had received a BS from Indiana University, an MBA from UCLA, […]
Jeff Lazerson
Mortgage Grader Jeff Lazerson is a friend, a student of Duane Gomer Education, a very active Mortgage Originator, and a columnist in our local Orange County Register plus 10 other newspapers in Southern California. He is an outstanding writer both from style and content. Periodically, I believe that his columns should be read by any […]