To make a profit during a buyer’s market, real estate agents need to exercise new strategies.
Pivot to find profits during a recession: Focus on homebuyers
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Real Estate Principles
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.
Latest Articles
Dear Broker: Handling trust funds is like playing with fire
Real Estate Compliance Consultant Summer Goralik outlines the inherent risks real estate professionals face when handling trust funds and how to counter them.
The danger of high appraisals in a spiraling housing market
A high appraisal has long stakes for homebuyers – and lenders.
Legislative steps toward more affordable housing
California’s legislature is addressing the affordable housing shortage with these recent laws.
Press Release: Buyer Purchasing Power Index ends 2022 31% below a year earlier
California homebuyers are able to borrow 31% less than a year earlier due to higher interest rates alone.
The recession is imminent — for real estate, more of 2022; Monthly Statistical Update (January 2023)
Real estate’s preview of what’s to come; Inventories rise as buyer demand dives; Jobs lost in the 2020 recession are fully recovered
DRE Hot Seat: Broker fails to supervise or disclose an overt conflict of interest
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a real estate corporation, later leading the designated officer to voluntarily surrender their broker license, for allowing an unlicensed employee to solicit and contract with their principal, and failing to disclose a conflict of interest.
Form-of-the-Week: A comparative market analysis for setting prices and rents — Forms 318 and 318-1
A seller’s agent uses RPI Forms 318 and 318-1 when educating the seller on a reasonable asking price or rental amount for the property.
California real estate: 2022 in review and a forecast for 2023
Read about the legislative changes and economic shifts which impacted real estate professionals during 2022 – and our forecast for 2023.
Errata & Updates
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465