Prepare for the most critical issues you’ll encounter in your first years of practice.
Stay current on the latest news, videos, forms, and updates for Real Estate Principles.
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Learn how brokers oversee agents, the office policies a broker puts in place to comply with their duties owed to clients and the Department of Real Estate (DRE), and how licensee status relates to labor regulations, taxation and issues of liability.
The Certified Buyer Agent™ Training is available to current and future firsttuesday students without charge. The CBA™ Training contains everything brokers and agents need to operate successfully in the new paradigm — the buyer representation mandate in 2025 and beyond.
California zoning laws which prohibit high-density infill development and instead incentivize horizontal expansion of suburbs increase the risk of loss to wildfires.
Property is divided into two primary categories.
Learn how to counter an offer with a purchase agreement calling for the buyer to pay the broker fee and avoid claims of tortious interference.
![Form-of-the-Week: Purchase Agreement — for One-to-Four Residential Property — with Buyer Broker Fee Provision [RPI Form 150]](https://journal.firsttuesday.us/wp-content/uploads/purchase-agreement-1-400x250.jpg)
A buyer agent uses RPI Form 150 when preparing an offer for their buyer to purchase one-to-four unit residential property with a fee provision for disbursing the buyer broker fee from the purchase price.
The DRE’s Real Estate Bulletin keeps licensees informed on new codes and regulations significant to real estate practice, common violations of real estate rules of conduct, and real estate education opportunities.
Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.
With new California legislation, it’s now mandatory practice for a buyer broker to enter into an employment agreement with buyer-clients before a purchase agreement is submitted.