The DRE’s Real Estate Bulletin keeps licensees informed on new codes and regulations significant to real estate practice, common violations of real estate rules of conduct, and real estate education opportunities.
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Always enter into a written employment agreement with the buyer using RPI Forms 103.1 and 103.2. Renew or extend the retainer period with RPI Form 103.1A or 103.2A.
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This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.
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With new California legislation, it’s now mandatory practice for a buyers broker to enter into an employment agreement with buyer clients before a purchase agreement is submitted.
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The Spring 2024 edition of the California Department of Real Estate (DRE) Bulletin informs licensees about Senate Bill (SB) 1495 and DRE fee changes.
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The health of the real estate industry depends in large part upon the financial health of the DRE as its policing unit. DRE’s fees for statutory and licensing courses had not increased since 1997.
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Greenspan v. County of Los Angeles Facts: A property owner demolishes the improvements on the...
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Unlike trade unions, RPI forms for decades has had methods for the buyers broker to set their own fees and disclose the fee amount to their buyer clients.
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After years of lawsuits, NAR® has finally agreed to a settlement relegating cooperative compensation to the history books.
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Every real estate broker acting in the capacity of a responsible broker needs to be aware of the “Benefit of the Doubt” program.
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This article examines how a landlord of property controlled by the TPA calculates the maximum lawful annual rent increase chargeable to existing tenants, called rent caps.
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By receiving a fee, an agency is created — but not with whom you thought.
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A Section 35 higher-priced mortgage loan classification triggers certain appraisal report requirements.
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These forms are used by a sellers agent as part of the Transfer Disclosure Statement (TDS) to comply with city or county ordinance disclosure requirements and to disclose information about service and maintenance providers currently used on a property listed for sale.
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This is the final article in our series covering broker recruitment strategies. This article explores how a broker solicits licensees as preferred hires for growing an office staff using direct mail recruitment.
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This is the third article in our four-part series covering broker recruitment strategies. This article details the steps a broker needs to take for a highly effective interview to take place and the main characteristics to look for in an ideal hire.
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Learn when a consumer-purpose mortgage falls under Section 32 limitations and disclosure rules.
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This article covers legal updates for landlords conducting a no-fault just cause eviction.
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Fee appraisers are to be compensated by mortgage lenders and their agents at a reasonable rate – but there are exceptions that effectively gut this rule.
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This is the second article in our series covering broker recruitment strategies. This article details the main types of hires available to a broker, provides techniques to solicit prospective talent and advises on how to alter the solicitation approach depending upon the type of hire. The first article covers the creation and maintenance of a broker’s recruiting plan and goals.
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