due diligence | firsttuesday Journal

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 Perry | 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 Perry | 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 | 0

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.