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Is Your Website ADA Compliant? – Better Safe Than Sorry

With the ongoing national Covid-19 crisis, real estate brokers, agents, and property managers are more reliant than ever on the internet as a means of marketing and communication.  Websites remain a critical marketing tool for most real estate professionals.  ADA (“Americans With Disabilities Act”) website compliance is essential for all businesses, including your real estateRead More

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CRES Real Estate E&O Per Transaction Policies

Running a real estate or mortgage brokerage business can be costly, especially in tough economic times like now. When you need to pay real estate Errors and Omissions insurance premiums upfront, this adds financial pressure, which can put a significant strain on cash flow for your business. Yet ,this is how traditional E&O insurance policiesRead More

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What to Do When a Tenant is COVID-19 Positive

Given the widespread nature of COVID-19, property managers shouldn’t be surprised to hear that one or more tenants are symptomatic or have tested positive. The question, of course, is what should a property manager do (and not do) upon learning of a COVID-19 positive tenant?  First, it’s important to know that tenants are not requiredRead More

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Protecting Yourself and Your Real Estate Team During the Pandemic

COVID-19 has had an impact on the world that none of us could have foreseen. Here we are several months into the pandemic, and the business community is grappling with how  we can pivot and survive these difficult economic times.  For the real estate industry, the coronavirus pandemic has presented some unique and challenging issues.Read More

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Tenants Who Cannot Pay Due to COVID-19

The impact of COVID-19 on the world economy is unprecedented. GDP has dropped some 4.8% for the first quarter of 2020, the stock market has taken a hit, businesses are suffering and laying off staff, and unemployment has risen. Those most vulnerable — low-wage employees who don’t get paid if they don’t work — areRead More

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Managing Short Sales

Short sales don’t happen every day, but they’re relatively common in real estate. Some sellers who struggle to pay their mortgages will take a lower price for their property in an effort to avoid foreclosure. Like many aspects of real estate, short sales can pose some risks to you as the real estate agent, andRead More

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Managing the Risks of Facebook® Live

With 2.5 billion monthly active users, Facebook offers a wealth of opportunity for your real estate business. More than 1.6 billion Facebook users log on daily and those statistics are increasing year-over-year. Videos on Facebook can be an especially effective marketing tool in your real estate business.  More than 85% of businesses on Facebook usedRead More

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COVID-19: Moving your Real Estate Business Forward

There’s no doubt the world right now is different from the world we lived in just last year. COVID-19 is impacting the economy in the United States and around the globe. The impact on families, business, and employment is especially devastating at this time.  The real estate industry is adapting and changing as conditions aroundRead More

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Avoiding a Conflict of Interest Situation at Your Real Estate Brokerage

Real estate professionals can find themselves facing a lawsuit for any number of reasons. Conflicts of interest situations are one of those reasons — especially if you have a conflict of interest, and you don’t declare it.  Real estate agents have a fiduciary obligation to each client, so there’s an expectation that client interests willRead More

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How to Avoid Income Discrimination Lawsuits as a Property Manager

Property managers need to be especially aware of income discrimination situations, especially with new laws in California about rent control and source of income issues. (Be sure to check on specific laws about income discrimination in your state.)  Have you ever had a potential tenant that you worried couldn’t make the rent? How can youRead More

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