by alex a | May 25, 2017 | Legal Tips
As you may recall, last year real estate licensee, Todd Kohlhepp, was arrested and charged with murder and kidnapping. Many in the industry wondered how Kohlhepp held a real estate license since he had spent significant time in Arizona prison for kidnapping and...
by alex a | May 18, 2017 | Legal Tips
Every couple of years a real estate agent will dream up an idea of a “net listing” and wonder why no one else has employed this unique way to increase commission. A “net listing” is when the client-seller agrees to an amount of money that they...
by alex a | May 10, 2017 | Legal Tips
Over the past year we have seen an increase in the number of Sellers who make the sales contract contingent on a particular VA appraiser not being allowed to conduct the appraisal. The VA Regional Office in Atlanta, Georgia has been notified by several lenders of...
by alex a | May 3, 2017 | Legal Tips
Last week’s post discussed how the Consolidated Multiple Listing Service (CMLS) handled contingency contracts. Today’s post examines the different statuses available to the real estate agents in CMLS which allows for a more accurate accounting of the...
by alex a | Apr 28, 2017 | Legal Tips
Recently, the Consolidated Multiple Listing Service (CMLS) expanded the status categories in an effort to give those agents with potential buyers the most accurate information when deciding what listings to recommend to those potential buyers. Prior to this expansion...
by alex a | Apr 13, 2017 | Legal Tips
When completing the contract it is important that the buyer’s name matches exactly how the client intends to apply for the loan and how he wants to hold title. For example, if Jonathan David Smith is your client/buyer you need to inquire as to how he would like...
