So, you’ve decided to add a real estate license to your investor tool belt! Good for you! But now, as they say, with great power comes great responsibility! And the foremost responsibility is Disclosure of your status as a real estate agent!
There is a lot of confusion about what kind of disclosures are required, when and in what circumstances so let’s clear some of that murky water.
First and foremost, who makes the disclosure requirements? The Texas Real Estate Commission addresses it in the Texas Real Estate Act and it is further addressed in the National Association of Realtors Code of Ethics and Standards of Practice. I’ve included the full transcript of both rules at the end of this blog should you want to read further. Continue reading “Rule #1: DISCLOSE”
San Antonio: The Impending Millennial Squeeze: How to Survive the Changing Real Estate Landscape
REAL ESTATE PROFESSIONALS,
Join us for a Free luncheon – Friday, February 12 from 11:00 am to 1:00 pm
Holiday Inn & Suites
5535 University Heights Blvd.
San Antonio, TX 78249
The Millennial Generation is already having an impact on the way agents work with buyers.
Currently the largest group of buyers, Millennials — the do-it-yourself generation — are already squeezing agents with demands for fee-for-services. Continue reading “The Millennials Are Coming!”
Beginning January 1st, some important changes were made to the contracts we use every day. It’s important to stay abreast of these changes so I will go over a few of the major ones here.
If you have written a 1-4 Family Resale lately you have noticed a big change on the first page. A new paragraph in Section 4 lays out the disclosure laws so that sales agents now have a promulgated spot to put their notice of agency. There are no excuses for forgetting to disclosure your agency status on your contracts! There is much talk of what prompted this change and the decision to put the disclosure on Page 1 of the contract. I’d love to hear what you all think spurred the change! Continue reading “Ch Ch Ch Changes.. to the TREC Forms!”