What is a universal truth? A prime example is Murphy’s Law: “Anything that can go wrong will go wrong.” I have always added, “and at the worst possible time.” There were some other universal truths in a recent Roger’s Bacon Substack post. I have listed a few that are interesting to me. In The Grand […]
Archive | Uncategorized
DRE ALERT! STAY INFORMED Continuing Education (CE) Audit Information
When a student completes one of our renewal courses, they receive a completion notice and instructions on how to print their certificate. Please note: we do not report course completions to the Department of Real Estate (DRE). At the time of license renewal, it is the licensee’s responsibility to certify completion of their continuing education […]
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 Do You Want in Real Estate Education?
I am thinking of scheduling some educational classes for all real estate professionals, and would love your thoughts on what topics I should present. Basic Property Management How to get started, how to grow your business, and understanding all applicable regulations. Mortgage Loan Originators & Residential Agents: Working Together Strategies for collaboration that drive better […]
A DISCUSSION OF NEW FORCLOSURE REGULATIONS
Foreclosure Laws: California has specific laws and procedures governing the foreclosure process, including notice requirements and opportunities for homeowners to explore alternatives, such as loan modifications. The California legislature passed Assembly Bill (AB) 1837 and AB 2170, effective as of January 1, 2023. These two laws, which build on the groundwork laid by Senate Bill […]
REVERSE MORTGAGE UPDATE
We decided to present a short update on Reverse Mortgages. As our authority we selected David Gomer, Broker, Founder and Owner of Senior Funding, Calabasas, CA. He has been specializing in all types of Reverse Mortgages since 1989. He earned the prestigious Certified Reverse Mortgage Professional Designation Awarded by the National Reverse Mortgage Lenders, and a […]
What Interest Rate does the IRS pay you if you Overpay your Taxes?
17531167 – irs card on desck with tax files Read news release IR-2024-47, Feb. 21, 2024 – https://www.irs.gov/newsroom/interest-rates-remain-the-same-for-the-second-quarter-of-2024 WASHINGTON — The Internal Revenue Service today announced interest rates will remain the same for the calendar quarter beginning April 1, 2024. For individuals, the rate for overpayments and underpayments will be 8% per year, compounded daily. […]
GIFT TAX Etc. #1
If I gift more than $17,000 to anyone in one year, will I owe taxes in that year? To find the answer click here: http://www.DuaneGomer.com/video
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. […]
N.A.R. DIRECTORS PASS NEW COURSE REQUIREMENT
New applicants must now complete two hours of Fair Housing training and existing members must complete the course every three years. In addition to the now required Ethics training. (more…)