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 […]
The Consumer Federation of America has voiced concerns regarding the California Association of Realtors new forms. In wanting to always provide our students with the most updated information, we have continued to forward their articles to you. I believe it’s valuable for you to be aware of discussions and opinions from both sides, even when […]
The Consumer Federation of America has voiced concerns regarding the California Association of Realtors new forms. In wanting to always provide our students with the most updated information, we have continued to forward their articles to you. I believe it’s valuable for you to be aware of discussions and opinions from both sides, even when […]
Many times, in the course of reviewing transaction files, I will read that an agent has recommended to the buyer that he or she should have the home inspected by a licensed home inspector. While one has to appreciate the earnestness of such advice, it is nonetheless at least a trifle amusing. This is because […]
Assembly Bill 2018 (Bocanegra) is quickly working its way through the California legislature in Sacramento. The bill deals with the use of team names and fictitious business names in the real estate business. The bill is the result of collaborative work by The California Association of Realtors® (CAR) and The California Bureau of Real Estate […]
California’s standard Residential Purchase Agreement (RPA), produced by the California Association of Realtors® (CAR) is undergoing a major revamping. While the changes being made do not represent a radical transformation or restructuring of the nature of the agreement, there are still many, many changes. Some of them are only slight alterations in wording; others are […]
