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 […]
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 […]
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, […]
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 […]
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. […]
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, […]
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 […]
RE 149 – Licensee Statistics Just received some great news concerning DRE stats from October 2021. The famous RE149: Comparative Production Statistics is back. I love the monthly information it delivers. For example, the number of active licensees (broker and salespersons) are listed. The totals in all these categories are listed by current month (October […]
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 […]
“The One” There are trustee sales every day. 11 to 14 years ago there were thousands every day in California. Why is this one interesting? The property is in Bel Air and the estate includes 105,000 square feet, measured.It was once listed for $500,000,000.00 and the default listed is for $165,000,000.00.A receiver is currently working […]
