Author Archive

Many FHA Documents Can Now Be Signed Electronically

E-signatures promise to simplify real estate transactions quite a bit, and the industry has worked for a number of years to create standards that everyone can agree to with the aim of making them more widely used than they...

Lawsuits Challenge Independent Contractor Status

Real estate sales associates operating as independent contractors would seem to be a settled area of law, but three lawsuits were filed last year in which associates claimed they were employees and wanted to be compensated as such. They...
March 27, 2014

Brown Meets at White House as Mortgage Reform Gains Steam

NAR President Steve Brown met at the White House with the federal government’s top housing officer, HUD Secretary Shaun Donovan, and the head of the National Economic Council, Jeffrey Zients, on the reform of the secondary mortgage market yesterday....
March 21, 2014

Success in Real Estate and the ‘Latte Factor’

If you buy yourself a latte every morning on the way to the office or when you head off to show a client a house, prepare to say goodbye to a good $1,000 a year in your hard-earned commission...

Meeting Promises Productive Relationship with Fannie, Freddie Regulator

NAR President Steve Brown in a meeting yesterday with new Federal Housing Finance Agency (FHFA) Director Mel Watt shared REALTORS®’ concern over the continued availability of safe and affordable mortgage financing and thanked the director for postponing a decrease...
February 13, 2014

Home Office Safe Harbor, Other Tax Changes

The IRS has made it easier for you to claim your home office deduction and it has increased the amount of deduction you can take for driving people to and from listings in your car. These are two of...
February 10, 2014

Philadelphia REALTORS® Show Their City Some Brotherly Love

Philadelphia has the ninth largest municipal economy in the world, by some measures, but despite its size, it’s struggling with budget matters like many major cities. Among other things, it has some 40,000 buildings and 10,000 lots that are...
February 5, 2014

Drones Offer Promise in Real Estate—Once Rules are Out

The excitement around drones is increasing and for good reason: the technology is steadily getting to the point where commercial applications are increasingly possible, including for use in marketing real estate. Being able to hoist a camera on a...
January 22, 2014

Elements of Net Neutrality Order Overturned

By Melanie Wyne, NAR Government Affairs The U.S. Court of Appeals for the District of Columbia yesterday ruled that key elements of the Federal Communications Commissions’ 2010 Open Internet Order are invalid. The order, which sets forth what are...
January 15, 2014

Credit Union or Bank: Does It Matter?

As a real estate practitioner, does it matter whether you put your money into a bank or a credit union or whether you take out a loan with one but not the other? In the third of our monthly...
January 14, 2014