2023 is seeing fewer independent brokers and more broker associates.
Independent no more, brokers seek brokerage employment
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VRC: Real Estate Made Reel™
California’s first DRE-approved video-based renewal course – the classic.
Newly published related content
DRE Hot Seat: Failure to disburse trust funds to the owner of funds
This article is part of an ongoing series covering violations of real estate law. Here, the Department of Real Estate (DRE) revoked the real estate license of a broker acting as a property manager who collected trust funds on behalf of landlords they represented and failed to disburse the trust funds to the landlords as required.
Mortgage Concepts: Observed suspicious activity reports (SARs)
Learn when a mortgage lender is to file a suspicious activity report (SAR) with the Financial Crimes Enforcement Network (FinCEN).
Risk management practices by the sellers agent in a declining market
In times of softening home prices, the sellers agent will need to be even more sure to provide the buyer with property reports and disclosures.
Below value appraisals are uncommon — but they are more likely in minority neighborhoods
New data shows homes are more likely to be appraised at below the contract price when they are located in minority neighborhoods.
Mortgage Concepts: The California Residential Mortgage Lending Act (CRMLA) Part 2
Part 2 of this video reviews CFL and MLO licensing by the DFPI, consumer mortgage originating, and reporting under the CRMLA.
Mortgage Concepts: The California Residential Mortgage Lending Act (CRMLA) Part 1
This video reviews CFL and MLO licensing by the DFPI, consumer mortgage originating, and reporting under the CRMLA.
Mortgage Concepts: Advertising – a complete representation of the mortgage terms mentioned
While no guidelines exist for an “ideal” mortgage ad, there are standards an MLO needs to follow.
Economic considerations in an evaluation: Part 2
This article discusses different valuation methods for preparing a broker price opinion (BPO).
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