NMLS recently sent the following email to Mortgage Loan Originators who had not yet completed their continuing education as of July 10th. In case you missed it, here’s a quick summary:As of July 10, your education record in NMLS shows “pending” because you have not yet completed continuing education (CE) for this year. CE is […]
Archive | Real Estate General
PROPOSED REGS CONCERNING BUYER/BROKER AGENCY
The DRE has proposed new regulations concerning “Buyer-Broker Representation Agreements”. The new commissioner regulations—Sections 2908.1, 2908.2, and 2908.3—are part of AB 2992. I believe the best method to provide you the DRE information is to relay their notice. In pertinent part, AB 2992 provides a definition of a “buyer-broker representation agreement”, details minimum required terms […]
Home Sales Hit More Roadblocks: What’s Behind the Rising Cancellations?
The housing market continues to face headwinds—and now, an increasing number of homebuyers are backing out of deals. According to the National Association of Realtors and Redfin, pending home sales cancellations rose again in May, with economic uncertainty, mortgage rates, and affordability pressures all playing a role. Experts say everything from fluctuating stock markets to […]
Compass vs. Zillow: The Legal Battle Shaking Up Real Estate
24969898 – gavel against the background of the courthouse The real estate industry is no stranger to legal drama—but the latest lawsuit from Compass against Zillow could have far-reaching consequences for MLS policies, private listings, and even consumer access to homes. Compass claims Zillow is using its market power to suppress competition, but industry experts […]
IRS Has a Gift for You: Agents, Get This to Your Prospects
Tax Checklist for Newlyweds Summertime is common time for wedding bells to ring, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer’s marital status as of December 31 determines their tax filing options for the entire year, but that’s not all newlyweds need to know. (I’ve underlined several […]
MORE UNIVERSAL TRUTHS
One of our recent emails about Universal Truths received some appreciated comments, so we’re including a few more. I’d like to start with one of my own. Gomer’s Law: “When beginning a new business or project, have no committee and keep your overhead low and your ego lower.” Akin’s 1st Law: “Engineering is done with […]
OPEN HOUSES COMING BACK?
When someone new got into real estate years ago, one of the first things they were told was to do open houses on their firm’s listings. Anybody remember these motivators from the past? Tommy Hopkins, Danny Cox, Danielle Kennedy, David Knox, Gary Watts, Daryl Davis, Brian Buffini, Michael Ferry, Noel Seaman, Dennis McKenzie, Richard Robinson, and yours […]
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 […]
Former CA Real Estate Commissioner Wayne Bell has announced a new real estate affiliation to help Real Estate Licensees and Consumers
On April 2, 2025, former CA Real Estate Commissioner Bell posted in LinkedIn the following: “I am pleased to announce my new affiliation with Real Estate Advocacy Alliance, LLC (REAAL), which was formed by my former California Department of Real Estate colleague, Tricia Parkhurst, and me, and established to provide value-added guidance and help for […]
I GOT AN AWARD
A couple weeks ago I emailed a short announcement about an award I received. Today, I want to elaborate a little. Orange County Realtors sent me the following email from Dave Stefanides: In the spirit of recognizing our members, I am proud to announce a new, esteemed class of members – our Hall of Legends. Our […]