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With new California legislation, it’s now mandatory practice for a buyer broker to enter into an employment agreement with buyer-clients before a purchase agreement is submitted.
The Spring 2024 edition of the California Department of Real Estate (DRE) Bulletin informs licensees about Senate Bill (SB) 1495 and DRE fee changes.
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.
Greenspan v. County of Los Angeles Facts: A property owner demolishes the improvements on the property and constructs replacement improvements. The county assessor reassesses the property. The county assessor transfers the existing assessed value of the now demolished...
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.
After years of lawsuits, NAR® has finally agreed to a settlement relegating cooperative compensation to the history books.
Every real estate broker acting in the capacity of a responsible broker needs to be aware of the “Benefit of the Doubt” program.
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.
By receiving a fee, an agency is created — but not with whom you thought.