Your Practice | firsttuesday Journal

Letter to the Editor: What happens to buyer representation agreements and fees when an agent changes brokers?

by ft Editorial Staff | Mar 20, 2025 | Buyer Representation, Buyers and Sellers, Fundamentals, Letters to the Editor, Real Estate, Your Practice | 0

A buyer representation agreement runs with the broker, not the agent.

DRE Bulletin Digest: Fall/Winter 2024

by Lily Hart | Mar 18, 2025 | Feature Articles, Fundamentals, Laws and Regulations, Licensing and Education, Real Estate, Your Practice | 0

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.

Conflicts of interest and consent to represent

by Amy Platero | Mar 7, 2025 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn how to recognize the types of business arrangements and personal relationships which give rise to conflicts of interest for agents in real estate transactions, how to identify conflicts of interests, and disclose and obtain consent to the relationships presenting a conflict of interest.

Now showing: Real Estate Principles: Video™ — a multimedia powerhouse for aspiring agents

by Amy Platero | Mar 3, 2025 | Feature Articles, Features, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Real estate licensing coursework has finally entered the 21st century. See what makes Real Estate Principles: Video™ so unique.

The rise and fall of real estate brokers and agents

by ft Editorial Staff | Mar 3, 2025 | Charts, Licensing and Education, Real Estate | 38

This article analyzes the historical population of active DRE licensees, with discussions and forecasts about future licensing trends.

Dual agency piles conflicts and risks on brokers

by Amy Platero | Feb 19, 2025 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn to identify conduct giving rise to dual agency representation and understand dual agency as a conflict of interest requiring prompt disclosure and consent.

An agent’s perception of riches

by Amy Platero | Feb 10, 2025 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn to estimate the potential income, expenses and initial investment you experience as a newly licensed agent employed by a broker and how to evaluate competing broker firms for suitability with your professional goals and expectations.

Broker activities: by the agent of the agent

by Amy Platero | Jan 29, 2025 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

Learn how brokers oversee agents, the office policies a broker puts in place to comply with their duties owed to clients and the Department of Real Estate (DRE), and how licensee status relates to labor regulations, taxation and issues of liability.

Buyer Representation Bonus Training™ brings firsttuesday students up to speed with 2025 buyer legislation

by Amy Platero | Jan 24, 2025 | Buyer Representation, Feature Articles, Features, Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

The Buyer Representation Bonus Training™ is available to current and future firsttuesday students without charge. The Bonus Training contains everything brokers and agents need to operate successfully in the new paradigm — the buyer representation mandate in 2025 and beyond.

DRE Bulletin Digest: Summer 2024

by Amy Platero | Nov 5, 2024 | Fundamentals, Laws and Regulations, Licensing and Education, Real Estate, Your Practice | 0

FOTW: Buyer Representation Agreements and Renewals — Forms 103.1, 103.2, 103.1A and 103.2A

by Amy Platero | Oct 14, 2024 | Buyer Representation, Forms, New Laws, Real Estate, Your Practice | 0

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.

Buyer Representation Agreements: The end of the “gold standard”

by ft Editorial Staff | Sep 25, 2024 | Buyer Representation, Buyers and Sellers, Feature Articles, Forms, Fundamentals, Laws and Regulations, New Laws, Real Estate, Your Practice | 0

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.

DRE Bulletin Digest: Spring 2024

by Amy Platero | Jul 11, 2024 | Fundamentals, Licensing and Education, Real Estate, Your Practice | 0

The Spring 2024 edition of the California Department of Real Estate (DRE) Bulletin informs licensees about Senate Bill (SB) 1495 and DRE fee changes.

DRE raising fees as renewals and licensing drop

by Robin Jennings | Jul 11, 2024 | Licensing and Education, Real Estate | 0

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.

RPI real estate forms have always been in compliance with NAR’s most recent antitrust settlement

by Amy Platero | Apr 9, 2024 | Feature Articles, Forms, Fundamentals, Real Estate, Your Practice | 0

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.

NAR’s long-established compensation model finally evolves

by ft Editorial Staff | Mar 26, 2024 | Buyers and Sellers, Feature Articles, Real Estate, Your Practice | 2

After years of lawsuits, NAR® has finally agreed to a settlement relegating cooperative compensation to the history books.

Brokerage Reminder: The DRE wants to give brokers the benefit of the doubt

by Guest Author Summer Goralik | Mar 11, 2024 | Feature Articles, Real Estate, Your Practice | 0

Every real estate broker acting in the capacity of a responsible broker needs to be aware of the “Benefit of the Doubt” program.

Calculating TPA rent caps for existing residential tenants

by Carrie B. Reyes | Jan 23, 2024 | Feature Articles, Property Management, Real Estate, Your Practice | 0

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.

Letter to the editor: Does a broker acting as a principal need to disclose they are a DRE licensee?

by Carrie B. Reyes | Jan 12, 2024 | Feature Articles, Letters to the Editor, Real Estate, Your Practice | 0

By receiving a fee, an agency is created — but not with whom you thought.

Form-of-the-Week: Ordinance Compliance, and Service and Maintenance Providers — Forms 307 and 324

by Amy Platero | Dec 28, 2023 | Forms, Property Management, Real Estate, Your Practice | 0

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.

Category: Your Practice