Many years ago, I owned some properties in Milwaukee, WI. One of the tenants in a three unit building became seriously delinquent and defiant. We were arguing over many things, including her claim that the heating was insufficient. She complained to the local agencies, all the while bragging about not paying any rent. It was known by […]
If you’re a current notary—or thinking about becoming one—there’s an important legislative update you should be aware of. A new bill, California Assembly Bill 1597 (AB 1597), is moving through the California legislature and could soon increase the maximum fees notaries are allowed to charge statewide. What AB 1597 Proposes This bill is designed to […]
Recent tax updates are reinforcing something successful agents have always known: real estate isn’t just a job — it’s a business. Many professionals are surprised to learn that most real estate agents are classified as independent contractors. That means agents often qualify for business deductions that traditional employees cannot access. Recent tax changes have reinforced […]
It sounds counterintuitive, but it’s true: Slow markets often create better real estate professionals. When the market is busy, people rush. When the market slows, people learn. This is when professionals have time to: Study contracts instead of memorizing scripts Understand disclosures instead of reacting to them Learn negotiation without constant pressure It’s also when […]
The housing market in California is showing signs of change. While home prices remain near record highs, growth is moderating, inventory remains constrained, and affordability continues to bite. Below are key take-aways and what they mean for professionals in the field. Key trends to watch: Home sales and new listings are still sluggish in many […]
Patrick Lehman is a Real Estate Broker from Newport Beach, CA. He is also a very long-time supporter of Duane Gomer Education. DGE helped Patrick get his real estate sales license in 1989 and his broker’s license in 2011. His current company is Privacy Real Estate Services. I was in Costco when Patrick came over, […]
Today, we are presenting another outstanding offering by an industry leader, Wayne Bell. In the article, Wayne discusses the California laws concerning lawyers brokering properties. Interestingly, I have had the privilege of doing DRE license preparation classes for lawyers across the state. Yes, many of them read too much into every question, but they are […]
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 […]
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 […]
FROM A TRUE PROFESSIONAL JIM CASEY AND NON-TRADITIONAL BROKERAGE Today, I want to highlight Jim Casey, a Burbank Realtor and a friend. Jim was a national speaker, and I attended many of his presentations at the National Association of Realtors, the California Association of Realtors, and other locations. He was one of the “really” great […]
