Feature Articles | firsttuesday Journal

Management Obligations Owed the Landlord

by ft Editorial Staff | Jun 2, 2023 | Feature Articles, Property Management, Real Estate, Video | 0

Covers: Conducting property management operations in compliance with the prudent investor standard; A property manager’s duties and higher standard of conduct provided to a landlord.

Ten-year rate hikes freeze up sellers in property markets; Monthly Statistical Update (June 2023)

by ft Editorial Staff | Jun 2, 2023 | Charts, Feature Articles, Market Watch, Monthly Statistical Update, Real Estate, Video | 0

The seesaw of mortgage market and Fed funds rates; Mortgage insurance also constricts homebuyer purchasing power; REIT values, returns fall back in 2023

Duty of Care and an Evolving Standard of Conduct

by ft Editorial Staff | May 30, 2023 | Feature Articles, Property Management, Real Estate, Video | 0

Covers: Attributes of a successful property manager; The duty of care a property manager owes a landlord as comparable to the duty of care a broker in a real estate sales transaction owes their buyers and sellers.

To syndicate or not: a securities risk (or not)

by Carrie B. Reyes | May 30, 2023 | Feature Articles, Investment, Real Estate | 0

Without elementary knowledge of securities risks in real estate transactions, syndicators might offer investors promotional value-adding activities with uncertainty of achievement to enhance value in a real estate investment.

Mortgage concepts: HMDA purpose and coverage

by Carrie B. Reyes | May 26, 2023 | Feature Articles, Finance | 0

HMDA requires consumer mortgage lenders to gather and report data on consumer mortgage purchases, applications and originations as regulated.

Resident Managers

by ft Editorial Staff | May 22, 2023 | Feature Articles, Property Management, Real Estate, Video | 0

Covers: On-site duties of a resident manager at an apartment complex with 16 or more units; Licensed and unlicensed activities; Occupancy of a unit in the complex as part of a resident manger’s compensation; Use of the resident manager employment agreement to document the employment and expectations.

MLO Recession Side Hustle Guide [e-book]

by ft Editorial Staff | May 19, 2023 | Feature Articles, Mortgages, Real Estate, Recessions, Your Practice | 0

Learn how mortgage origination providers will survive the ongoing downturn in mortgage originations with this RPI ebook.

Mortgage Concepts: Trustee’s Sale: Sold to the Highest Bidder

by ft Editorial Staff | May 17, 2023 | Feature Articles, Loan Products, Mortgages, Video | 1

This video explains the procedures followed for a trustee’s sale in California.

Licensed vs. Unlicensed Property Management Activities

by ft Editorial Staff | May 15, 2023 | Feature Articles, Real Estate, Video | 0

Covers: Distinguishing the property management activities that may be performed by a licensed or unlicensed employee; Activities relating to contacts with the landlord which may only be conducted by a licensed employee; Optional Certified Property Manager (CPM) designation bestowed by a private non-regulatory organization

The liquidated damages provision and the breaching buyer’s deposit when prices decline

by Carrie B. Reyes | May 15, 2023 | Buyers and Sellers, Feature Articles, Real Estate, Recessions, Your Practice | 0

Agents need to be aware of the maximum dollar amount the seller is entitled to receive upon a buyer’s breach – especially when home prices are falling.

Property Management – Licensing and Responsibilities

by ft Editorial Staff | May 8, 2023 | Feature Articles, Real Estate, Video | 0

Covers: Duties of a licensed broker hired to manage an apartment complex on behalf of an owner; Property management services provided by a broker; Unlicensed status of an owner of income-producing real estate who personally manages their property.

The breaching buyer’s responsibilities: Part 2

by Carrie B. Reyes | May 8, 2023 | Feature Articles, Real Estate, Your Practice | 0

How does a buyer’s breach impact the seller’s ability to collect on a monetary loss in practice?

The breaching buyer’s responsibilities: Part 1

by Carrie B. Reyes | May 8, 2023 | Feature Articles, Real Estate, Your Practice | 0

When does a buyer’s breach of a purchase agreement entitle a seller to recover money losses?

The Federal Reserve’s impact on mortgage rates

by Carrie B. Reyes | May 4, 2023 | Economics, Feature Articles, Interest Rates, Real Estate | 0

Learn how the Fed is using their benchmark rate as a monetary policy tool to restrain levels of borrowing in 2022.

Fictitious Business Names, Teams and Identification Requirements

by ft Editorial Staff | May 1, 2023 | Feature Articles, Real Estate, Video | 0

Covers: Proper identification requirements in advertising; Obtaining and maintaining a fictitious business name; Creating a team to improve the level of services offered to clients.

Property prices and cost of capital test buyer readiness; Monthly Statistical Update (May 2023)

by ft Editorial Staff | Apr 28, 2023 | Charts, Feature Articles, Market Watch, Monthly Statistical Update, Real Estate, Video | 0

Yield spread emboldens the recession factor; The jobs recovery is leveling out – no surprise; Interest rates for borrowing drive pricing

The seller cancels the purchase agreement: now what?

by Carrie B. Reyes | Apr 24, 2023 | Buyers and Sellers, Feature Articles, Market Watch features, Your Practice | 0

Buyer remedies when a seller breaches or cancels a purchase agreement

Duty to DRE to Keep Records

by ft Editorial Staff | Apr 24, 2023 | Feature Articles, Real Estate, Video | 0

Proper storage of transaction documents and records of an agent’s or broker’s activities on behalf of a client

The real estate agent rip-off

by Carrie B. Reyes | Apr 21, 2023 | Feature Articles, Real Estate, Your Practice | 1

Is it ever a good idea to negotiate your fee rate with a client?

New California Real Estate Practice course fulfills 2024 requirements and beyond

by ft Editorial Staff | Apr 21, 2023 | Feature Articles, Features, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

As of today, firsttuesday is the first California school to obtain DRE-approval to provide California’s future agents and brokers with the new Real Estate Practice course.