conflict of interest | firsttuesday Journal

Ethics in rendering broker price opinion (BPO) services

by Carrie B. Reyes | Sep 21, 2023 | Appraisal, Feature Articles, Real Estate, Your Practice | 0

Lean to recognize when arrangements, situations, and relationships can give rise to conflicts of interest in the preparation of a broker price opinion (BPO);

DRE Hot Seat: Broker fails to supervise or disclose an overt conflict of interest

by Amy Platero | Dec 30, 2022 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

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: Conflict of Interest Disclosure and Compensation Disclosure in a Real Estate Transaction — Forms 527 and 119

by Amy Platero | Mar 21, 2022 | Forms, Real Estate | 0

A broker or agent uses RPI Forms 119 and 527 to create transparency when additional compensation or a competing personal bias exists in a real estate transaction.

Option Listings and the Guaranteed Sale Variation

by ft Editorial Staff | Mar 18, 2022 | Feature Articles, Real Estate, Video | 1

Grant of an option to buy a property at a predetermined price if the property does not sell during the listing period, and the guaranteed sale variation

Net Listings for Sellers

by ft Editorial Staff | Mar 11, 2022 | Feature Articles, Real Estate, Video | 0

Calculating compensation and the conflicts of interest under a net listing

Mortgage Concepts: Is it a violation of appraiser independence?

by ft Editorial Staff | Oct 8, 2021 | Feature Articles, Mortgages, Real Estate, Video | 0

Mortgage Concepts is a recurring video series covering best practices and compliance education for California mortgage loan originators. This video clarifies violations of appraiser independence rules. For course credit toward renewing your NMLS license, visit firsttuesday.us.

Word-of-the-Week: Option Listing

by Gregory Bretado | Jun 7, 2021 | Real Estate, Video | 0

A variation of the exclusive right-to-sell listing in which the seller grants the broker an option to buy the property at a predetermined price, if the property does not sell during the listing period.

Office Hours with Professor Bill: Episode 4

by ft Editorial Staff | Apr 9, 2021 | Real Estate, Video | 0

Office Hours with Professor Bill is a multimedia learning experience covering fundamental real...

Conflict of Interest Disclosure — RPI Form 527

by ft Editorial Staff | Mar 18, 2021 | Forms, Real Estate | 0

Download the Form This form is used by an agent or broker when a conflicting situation arises between the agent or broker and another principal or third-party to the transaction, to disclose relationships or positions held by...

Form-of-the-Week: Conflict of Interest and Dual Agency Disclosure – Kinship, Position or Undue Influence – Forms 527 and 117

by ft Editorial Staff | Mar 4, 2021 | Forms, Real Estate | 2

With the Conflict of Interest Disclosure form and Dual Agency Disclosure form, brokers and their agents are able to document their fiduciary duties to properly represent their clients.

Brokerage Reminder: Disclosing a conflict of interest – the counterpoint mitigating a bias

by ft Editorial Staff | Oct 20, 2020 | Brokerage Reminder, Real Estate | 0

Refresh your knowledge on conflicts of interests and the importance of disclosure in this week’s Brokerage Reminder.

Word-of-the-Week: Conflict of Interest

by Emily Kordys | Oct 6, 2020 | Real Estate, Video | 0

A conflict of interest is when a broker or their agent has a competing professional or personal bias which hinders their ability to fulfill their fiduciary duties.

Form of the week: Disclosure of a Conflict of Interest and Affiliated Business Arrangement — Forms 527 and 519/205

by ft Editorial Staff | May 12, 2020 | Forms, Real Estate | 0

When a broker has a professional or personal bias which might hinder their ability to fulfill their fiduciary duty, a conflict of interest arises.

DRE Bulletin Digest Winter 2018/19

by Benjamin J. Smith | Feb 11, 2019 | Licensing and Education, Real Estate | 0

A review of the Winter 2018 DRE Real Estate Bulletin.

New disclosures required of residential CID managers

by Benjamin J. Smith | Oct 17, 2017 | New Laws, Real Estate | 0

CID managers to provide new disclosures to their HOAs.

Analyzing a Conflict of Interest

by ft Editorial Staff | Oct 16, 2017 | Real Estate, Video | 0

Conflict of interest defined; Examples of pre-existing relationships which constitute a conflict of interest; Timely disclosing a conflict of interest; Penalties for failing to disclose a conflict of interest

Fee splits: time to rethink your fee arrangements

by Sarah Kolvas | Dec 8, 2015 | Reader Polls, Real Estate, Your Practice | 0

Learn how to handle low fee split offers in a seller’s listing through negotiations.

Barclays bares it all

by Jeffery Marino | Jul 24, 2012 | Finance, Interest Rates, Loan Products, Real Estate | 6

News about the Libor debacle is coming faster and hotter than first tuesday can keep up with....

The license disclosure myth

by Jeffery Marino | Jul 6, 2011 | Feature Articles, Fundamentals, Real Estate | 4

This article dispels the myth that a real estate licensee who acts solely as a principal in a real estate sales transaction must disclose the existence of their license in order to comply with California real estate law.