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 […]
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 […]
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 […]
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 […]
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 […]
Many of you readers have closed sales recently. You drive yourself to work daily. As does Mary Wykes. One difference, she is 100 years of age. Hang in there everyone. https://www.nbcwashington.com/news/local/local-realtor-100-years-old-still-closing-deals/3915962
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 […]
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 […]
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 […]
My mother had thirteen siblings and my father four. Many of my aunts and uncles (all from Wisconsin) served in the military during WWII, the “war to end all wars”. Their service spanned continents and branches: Glen served in the Infantry across multiple theaters. Clifford fought bravely in the Battle of the Bulge. Donald was […]
