A Fee Earned After the Retainer Period Ends
The first episode in our new five-part series depicts how a safety clause in an exclusive representation agreement establishes your right to a fee earned after the retainer period ends.
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Category: Your Practice
Annual assessment increase for DFPI mortgage licensees
Declining DFPI licensee numbers, and the fees they charge, means the remaining individuals need to pick up the slack — with their wallets.
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The breaching buyer’s responsibilities
Learn to determine when a buyer’s breach of a purchase agreement and escrow instructions entitles a seller to recover monetary losses and intelligently discuss a seller’s recovery of losses on a resale following their buyer’s breach of a purchase agreement.
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Down payment download: Mind your mortgage
A homebuyer sourcing a 20% down payment experiences significant cost reductions over the life of the mortgage
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The seller breaches the purchase agreement
Learn to conduct a transaction as a buyer agent when a seller breaches the purchase agreement with a buyer, discuss remedies available to the buyer and review money losses the buyer may recover on a seller’s breach.
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DRE Bulletin Digest: Summer 2025
In this issue: mentorship for new licensees, the DRE’s Cite and Fine program, trust fund signatory rules and the annual business activity report.
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DRE as the enforcer at large steps up to the plate — as the umpire in chief
Our multimedia review of the DRE’s most common types of disciplinary actions they encounter.
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A Fee Earned for Locating §1031 Reinvestment Property
How do you best structure the representation of a client in a qualified §1031 transaction? Watch/read here.
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“For Sale” sign ordinances and CC&Rs
Learn to properly display a “For Sale” sign on behalf of the seller to advertise the property for sale, understand when permission is needed to advertise a property within a common interest development (CID) and abide by the regulations concerning the placement of a “For Sale” sign on a private or public right-of-way or on a mobilehome.
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Down payment download: 20% has your back
A homebuyer sourcing a 20% down payment experiences significant cost reductions when choosing to save up a full down payment before investing in ownership.
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A Ready, Willing and Able Buyer at the Asking Price
Watch what happens when a seller rejects a full asking price offer on substantially the same terms for payment as called for in the seller representation agreement.
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DRE to host property management webinar
The DRE is partnering with the California Civil Rights Department to provide a free webinar series for property managers.
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Transparency as symmetric marketing
Learn how to persuade a seller-client to order out third-party reports on a property’s condition to enhance marketability, provide a marketing package to prospective buyers and work up effective marketing plans to sell a property when employed under a seller representation agreement.
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Due Diligence is an Art Form
The due diligence effort required under an exclusive representation comprises an orchestration of a basket of brokerage activities. Let’s unpack the basket.
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The safety clause for residuals from due diligence efforts
Learn to appreciate a safety clause provision in exclusive representation agreements as assurance a fee is earned after expiration when your client sells or buys due to your efforts during the employment.
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Lack of Due Diligence
Some real estate brokers simply don’t measure up. Watch what happens when a seller broker’s efforts to market a property and locate buyers lack sufficient due diligence activities.
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Fees for withdrawal or termination of a representation agreement
Learn to protect your broker’s right to collect a fee when a seller-client removes their property from the market or cancels the representation agreement.
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Down payment download: Why 20%
The first in the series introducing the benefits available to mortgage-funded buyers when acquiring home ownership using a 20% cash down payment.
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A Fee Earned by the Seller Broker on Any Sale
See how a fee has been earned and is owed to the seller broker, regardless of who produces a buyer or a tenant during the representation period or when the transaction closes, under an exclusive representation agreement.
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Nationally MLOs are far fewer in 2024; CA DRE MLOs increase, DFPI MLOs decrease
The trend for state-licensed MLOs is down in 2024.
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