Real Estate Principles

Prepare for the most critical issues you’ll encounter in your first years of practice.
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Paying appraisers

Paying appraisers

Fee appraisers are to be compensated by mortgage lenders and their agents at a reasonable rate – but there are exceptions that effectively gut this rule.

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CalPaces for Recruiting: Soliciting prospective hires

CalPaces for Recruiting: Soliciting prospective hires

This is the second article in our series covering broker recruitment strategies. This article details the main types of hires available to a broker, provides techniques to solicit prospective talent and advises on how to alter the solicitation approach depending upon the type of hire. The first article covers the creation and maintenance of a broker’s recruiting plan and goals.

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CalPaces for Recruiting: A broker’s recruiting plan

CalPaces for Recruiting: A broker’s recruiting plan

This is the first article in our series covering broker recruitment strategies. This article details how a broker’s business model, recruiting plan and recruiting goals are developed and maintained to help a brokerage function at its highest capacity and avoid becoming a stagnate office.

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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