Setup homes waste time
Setup homes are over-priced listings that buyers reportedly love to tour, but inevitably will not...
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Tag: selling agent
Real(i)ty Check: Agent fees and fee sharing practices
California agents: in your experience, what is the typical buyer's agent/seller's agent division...
Read MoreSpeculations on speculator suppression
This article outlines the regulations necessary to limit the destabilizing influence of speculative interference in the sale of California single family residences (SFRs) during times of boom or bust.
Read MoreFebruary Forms
Get your buyer the best financial advantage – Submit multiple loan applications and compare
Read MoreSafety disclosures: crime and the prospective buyer
This article discusses the routine use of a criminal activity disclosure as part of a selling agent’s duty to disclose and advise when assisting a buyer to locate a suitable property.
Read MoreDecember 2009 Form of the Month
Disclosure of Mortgage Loan Broker Fees – By a Sales Transaction Broker.
Read MoreLender, escrow and referral fees
This chapter analyzes redundant charges imposed on buyers and sellers for the basic services necessarily rendered by lenders, escrow companies and title insurance companies to earn the primary fee they charge. The hidden costs...
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Pest control and marketing
This article discusses the requirements, delivery of, and repercussions of the Structural Pest Control report.
Read MoreLoan applications initiate the loan process
This article reviews the loan application process the transaction agent (TA) must guide his buyer through to ensure the buyer closes on the most advantageous loan terms available. Role of the transaction agent (TA) The ability...
Read MoreFederal programs aim to enhance energy efficiency in real estate
The federal department of Housing and Urban Development (HUD) is in the early stages of planning a series of programs to increase residential energy sustainability. Possible programs include a scoring system to help home buyers...
Read MoreWorking with your builder to turn lookers into buyers
If you are an agent or broker and you have a buyer who wants to buy a newly constructed home, but can’t because he’s still stuck with his current residence that you have listed, ask the builder for help! If the listed home is in...
Read MoreFirst time homebuyers eligible for federal loan for downpayment
First time purchasers of a principal residence are eligible for an interest free loan from the IRS of up to $7,500. Selling agents need to advise their buyers that this IRS loan is a refund of taxes the buyer has already paid,...
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Confidentiality of information: by agency or by agreement
This article discusses the different situations creating the need for confidentiality of information in real estate transactions.
Read MoreThe EP bonding requirement is void until re-legislated
A selling broker representing an EP investor does not advise the seller-in-foreclosure of a one-to-four residential property occupied by the seller that he is bonded since he is not. After the sale closes, the...
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