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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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Selling Homes During Extreme Heat Conditions

The summer home-selling season is only months away — and with it comes risks to your business when selling homes during extreme heat conditions.  2019 saw the United States grapple with significant heatwaves across the country. As temperatures soared, major events such as the New York City triathlon were canceled.  Record temperatures caused disruption toRead More

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Selling Properties with a Pool or Spa

With the summer months coming, properties with pools and spas can be attractive f to buyers. In some states, like California and Florida, they’re almost as standard as bathrooms and kitchens. The National Association of REALTORS® suggests that homes with pools are valued more than 50% higher than those without one. Selling homes with poolsRead More

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CARES Act—5 Tips to Help Your Real Estate Clients

April 1, 2020—As the COVID-19 situation continues to evolve around the world, it continues to affect the real estate industry in a myriad of ways. The recently signed CARES Act has provisions that may help you and your real estate clients through the financial impact of the pandemic. These provisions include recovery benefit payments ofRead More

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How to Avoid a Lawsuit When Acting as an Agent for an Auctioned Property

Managing client expectations can be a challenge at the best of times. When you’re acting as a seller’s or buyer’s agent for an auctioned property, it can be even more difficult. The auction process is fast, and it’s an intense process. Sometimes things can go awry, and even good real estate agents can find themselvesRead More

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How to Manage a Downturn in Your Real Estate Business

Whether it’s a recession, an industry bubble bursting, a global pandemic, or some other crisis, the real estate industry is a susceptible market to downturns. Ideally, the time to prepare for a downturn is before it happens. That might mean diversifying your business, building a slush fund, setting up sustainable systems, etc. Whether you preparedRead More

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Workers’ Compensation – What It Is and Why You Need It

If you’re a real estate broker managing a team of real estate professionals, you have a duty of care to protect your team. Have you considered what might happen if one of your team injures themselves in the course of their work? Are you abiding by the workers’ compensation laws in your state? Do youRead More

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COVID-19 – The Impact on Real Estate and How to Manage Your Risk

The situation with COVID-19 is changing each day in both the USA and other countries around the world. The coronavirus has cast a dim shadow over the world’s economy, affecting virtually every industry. Because the nature of your work as a real estate professional requires you to have a lot of human contact, the virusRead More

Here are 7 tips to ensure your real estate team doesn’t take their foot off the gas during slow sales periods.… https://t.co/7yQuQDdUo3 You can give your home sellers their own E&O coverage when you provide a CRES Qualified Home Warranty from Old Repu… https://t.co/lxU1eo4vPh