due diligence | firsttuesday Journal

The diligent effort for an opinion of value

by Carrie B. Reyes | Jun 1, 2026 | Appraisal, Feature Articles, Real Estate, Your Practice | 0

WLearn the due diligence obligations required from a broker to a client when performing, drafting, delivering and maintaining records for a broker price opinion (BPO).

Due diligence demeanor in an agency

by Amy Platero | Dec 31, 2025 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn the due diligence effort a broker employed under an exclusive representation agreement owes their client-seller or buyer when acting on their behalf and implement the best effort conduct owed a client under a non-exclusive open representation.

DRE Hot Seat: False representations to influence, persuade or induce

by Amy Platero | Jun 1, 2023 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 2

This article is part of an ongoing series covering violations of real estate law. Here, a broker surrendered his license in connection with a disciplinary action taken by the Department of Real Estate (DRE) for making substantial misrepresentations to his client in order to earn more fees.

Time to perform as staging a cancellation

by Carrie B. Reyes | Apr 10, 2023 | Feature Articles, Real Estate, Your Practice | 1

Learn when a buyer or seller may exercise their right to cancel the purchase agreement and terminate the transaction.

DRE Bulletin Digest: Winter 2023

by Ashley Collins | Feb 8, 2023 | Real Estate | 0

Welcome back to your quarterly real estate industry roundup!

DRE Hot Seat: Designated officer assumes responsibility over mismanaged brokerage

by Amy Platero | Jul 27, 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) restricted the California real estate license of a broker who failed to properly supervise and maintain trust funds and trust fund records as the designated officer of a property management company.

DRE Hot Seat: Deceitful misrepresentations are not due diligence

by Amy Platero | Feb 25, 2022 | Fundamentals, Licensing and Education, Real Estate | 0

This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the California real estate license of a broker who failed to comply with advance fee requirements while conducting prepaid rental listing service (PRLS) activities.

Word-of-the-Week: Fiduciary duty

by Gregory Bretado | May 17, 2021 | Real Estate, Video | 1

What is fiduciary duty? Fiduciary duty is the...

Letter to the Editor: What is an agency relationship?

by ft Editorial Staff | May 10, 2021 | Letters to the Editor, Real Estate | 0

An agency relationship, created between brokers and members of the public, requires a competent principal, mutual consent and fiduciary and general duties on behalf of the agent.

Brokerage Reminder: Eliminating contingencies – reasonableness required

by ft Editorial Staff | Jan 12, 2021 | Brokerage Reminder, Real Estate | 1

Refresh yourself on the ins and outs of contingency provisions.

Word-of-the-Week: Due diligence

by Gregory Bretado | Dec 29, 2020 | Real Estate, Video | 0

Due diligence – the efforts of an agent employed to meet the objectives of their client in exchange for a fee.

Form of the week: Marketing Package Cost Sheet and Authorization to Provide Services — Forms 107 and 133

by ft Editorial Staff | Jun 2, 2020 | Forms, Real Estate | 0

For the most efficient delivery of property information to prospective buyers, the seller’s agent gathers data on the property and organizes it into a marketing package.