California Real Estate closing Checklist

What is 100% Commission Real Estate?

What is hundred percent commission real estate? (Transcription) This concept was popularized and entered the mainstream over ten years ago and since then it's evolved and has changed somewhat. Before 100 percent commission was part of the…
California Real Estate closing Checklist

Contingencies Stay Active Until The Buyer Removes Them in Writing

Contingenices Don't Expire Automatically, They Must Be Removed Contingencies stay in place until they're removed by the buyer in a contingency removal form. So the three big buyer contingencies are the inspection period, the loan period,…
California Real Estate closing Checklist

How to Complete a Residential Purchase Agreement Tutorial

https://youtu.be/KGAT4bV0h_k The tutorial is not done on a CAR RPA form because CAR does not allow their forms to be used in a public forum. I obtained this form from www.OORP.org. Although it is different than than the CAR RPA, it contains…
California Real Estate closing Checklist

3 Rules To Find Prospects and Convert Them to Clients in Real Estate

https://youtu.be/2LggjHoYog0 There are three rules to recruiting and converting prospects in real estate. 1. Meet as many people as possible. You can do this onlinethrough online marketing,  you can send mail, or you can meet in person.…
California Real Estate closing Checklist

Customary Allocation of Title and Escrow Fees For Each California County

In Southern California, the seller typically pays for the owner's title policy, and the county transfer tax. In Northern California, it varies county by county. Below is a guide for which party pays which fees throughout California.  Please…
California Real Estate closing Checklist

California Real Estate Transaction Checklist

What Real Estate Forms Are Required on a Transaction Checklist? Any reputable California real estate brokerage is going furnish their agents with a closing checklist with all the documents needed to complete the file. It's important to note…
California Real Estate closing Checklist

What is Limited Function Referral Office Certification or LFRO Agent Status?

Limited Function Referral Office Certification or LFRO is a designation for real estate licensees that aren’t members of the association of realtors, but want to hang their license with a broker that is a full realtor member. The implication…
California Real Estate closing Checklist

Where to Place Smoke Alarms and Carbon Monoxide Detectors

Almost all residential property sales require a smoke alarms and carbon monoxide detectors to be installed by the close of escrow. However, there seems to be some ambiguity where they are supposed to be installed. Here is where smoke alarms…
California Real Estate closing Checklist

Does the Name of Your 100% Commission Real Estate Brokerage Matter?

Real Estate agents spend a lot of time comparing commission models, office amenities, and company policy when they consider joining a brokerage. Equally important is the name of the brokerage. Consumers have access to nearly all the data, so…