ANSWER: YES. DRE Regulation 2970 says that you can. FACTS ABOUT ADVANCE FEES FOR BROKER EXPENSES (From the DRE Bulletin, Spring 2026, not AI) 1. Before you can collect fees, you must send a copy of the agreement you will use, your accounting format, and any promotional materials to the California Department of Real Estate. 2. If […]
You see interviews all over the internet, so today, since my name is on the door, I thought I would do one on Mortgage Loan Originator Continuing Education. For the interviewer, I selected Dick Green of Mission Viejo. Let’s get started. DICK: Duane, your company has been at the forefront of MLO CE since it began. Exactly, […]
Taxpayers who turn 73 years of age this year will learn all about an interesting IRS Regulation: Required Mandatory Distributions from your taxable Retirement Funds. Most of you 73ers have heard about the tax, but you might want to know some simple facts. These nuances were researched in IRS Publication 590B, not AI. See your tax […]
A memorable day for me. The Japanese Empire announced that they were ready to begin the process of surrender. The 44-month war was over. Racine, WI was a town of about 90,000 at that time. It seemed to me that the entire town was massed around the downtown Memorial Square that hot August Night. There was dancing, singing, […]
Security deposits continue to be one of the most misunderstood topics in California property management. Laws have changed in recent years, and even experienced landlords and real estate professionals can be caught off guard by the details. Whether you manage rental property, represent investors, or simply want to stay current, this quick 10-question quiz is […]
One of the regrets of my real estate buying life is that I never considered using a VA loan. I was a Navy LTJG during the Cold War, and I thought only Veterans who were in the military during a shooting war were eligible. Not too bright. Since becoming involved in Mortgage Loan Education, I’ve […]
When it comes to choosing a mortgage, the loan term is one of the most critical decisions a borrower must make. While 30-year mortgages are the most popular choice in the U.S., 15-year mortgages have gained significant attention for their unique advantages. If you’re considering a home loan, understanding the benefits of a 15-year mortgage […]
For years, I have watched many drivers spot an empty parking space and then back into it without a flourish. They squeeze their large Silverado truck into compact spaces as if they are training for a Mission: Impossible driving scene. Sometimes, I feel like I should applaud. To understand why they do this, I went […]
This week, I’m taking a break from doing all the writing. Many of you already know my wife, DJ. If you’ve been part of the Duane Gomer Education family for any length of time, you’ve probably crossed paths with her—or at least heard me mention her over the years. While I spent many years teaching […]
The following video was sent to me by John Reilly, the former Real Estate Educator, Author, and Attorney. There is always time in our day for a smile. Thanks again John. You are a winner. I can commiserate with these beautiful young children and their mothers. My hearing is not what it was when I […]
