Mar 1, 2017

What should you advise your clients about making a video recording of a home listed for sale or rent?

Dec 22, 2016

A prospective tenant submits an application for rental. The listing status is changed to application registered.

Oct 31, 2016

Before undertaking any activity with a settlement service provider or accepting any payments, goods, or services from a provider, NAR recommends speaking with an attorney familiar with RESPA

Oct 31, 2016

Since combo boxes are not regulated, their use is unchecked, whereas lockbox rules violations can be brought to the attention of the Board and compliance can be enforced through NVARs Grievance Procedures.

Oct 31, 2016

In the vast majority of cases, delays are caused by forms that are not correctly filled out.

Oct 31, 2016

REALTORS® do, in fact, have an obligation to preserve confidential information gained in the course of any relationship with the client

Oct 31, 2016

It is designed to give the Purchaser and Seller one clear time horizon in which to resolve all home inspection issues, come up with a resolution, and draft an addendum amending the contract.

Oct 31, 2016

When Realtors® prepare opinions of real property value or price, they MUST be knowledgeable about the type of property being valued

Oct 31, 2016

A licensee must disclose any brokerage relationship that licensee has with another party to the transaction upon having a substantive discussion about a specific property

Oct 31, 2016

As a Realtor®, if you operate a blog, you must delete false or misleading comments or publish clarifications about them as soon as you have determined they are false or misleading.

Oct 31, 2016

The obligation to compensate a cooperating broker may be excused by an Arbitration Panel if, through no fault of the listing broker, and if the listing broker exercised good faith and reasonable care, it was impossible or financially unfeasible for the listing broker to collect the commission per the listing agreement.

Oct 31, 2016

Get a written acknowledgment from the clients that you have given them appropriate cautionary advice concerning the potential consequences of whatever options, rights or protections they are waiving.

Oct 31, 2016

The purchaser has a fixed number of days to elect to either provide notice that the contract is void or to proceed as if there were no Home Inspection Contingency and take the property AS-IS.

Oct 28, 2016

What is the legal definition of a bedroom? I have a listing for a condo in Fairlington Villages that the seller told me had two bedrooms. Upon visiting the condo I did confirm that the owner was using the "second bedroom" as a sleeping area...

Sep 30, 2016

E-mails and fax advertisements have become common tools for REALTORS®. However, federal law places limits on the use of these tools.

Sep 30, 2016

In response to the increase in short sales, our regional MRIS just added two pick list items to assist both listing and selling agents. Short Sales has been added under the Current Financing/Loan pick list.

Sep 30, 2016

How can I tell if someone has a license to practice real estate?

Sep 30, 2016

Examples of what might qualify for the Citation System

Sep 30, 2016

The amount paid to a real estate broker or agent must be commensurate with the value of those goods and services.

Sep 30, 2016

We believe that the extra precautions that require Affiliate members to use a CBS code are an inconvenient but necessary part of our responsibilities for providing lockbox services.