Risk Management Archive

‘Catch Me if You Can’ Conman Divulges Identity Theft Prevention Tips

Former con artist Frank Abagnale knows first-hand how easy it is to assume another person’s identity, and he’s now devoted his life to helping others avoid getting duped....
November 5, 2017

Best Practices to Manage Team Risk

As the popularity of teaming up in real estate grows, brokers must protect themselves from legal and regulatory concerns associated with the practice....

Local REALTOR® Leader Has Been Dealing With a Nightmare Email Scam for a Year

  Wire fraud schemes have been a hot topic in the real estate industry lately. But one real estate pro says she’s been caught up in a different kind of nightmarish scam — one that victims can do virtually...
February 16, 2017

10 Years On, Hurricane Katrina Has Taught Towns How to Be Resilient

Does the area you live in have a clear evacuation plan and resources in place in case of a catastrophic event? No one can prevent a disaster, but planning and a strong understanding of what it means to be...
August 14, 2015

Challenges Loom for Real Estate Industry, Report Finds

By Sam Silverstein and Erica Christoffer The real estate sector faces a host of challenges that will require professionals in all facets of the industry to become more adaptable and agile in the coming years in order to remain...
May 20, 2015

How Much Retirement Are Your Commissions Buying?

From a safety standpoint, it makes sense to set aside a percentage of your commissions in a reserve account. That way you can cover your obligations come tax time and have back-up money for when business is slow. And...
June 10, 2014

For Your Retirement, Try Dollar Cost Averaging

Since you’re an independent contractor and have to manage your retirement on your own, you might consider taking an investment approach that goes by the name Dollar Cost Averaging. This term simply means you go into the investment market...

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

Happy Closing. Now Set Aside Half of Your Commissions

It’s not what you want to hear, but Victoria Gillespie of REALTORS® Federal Credit Union, a division of Northwest Federal Credit Union, recommends you put away half of each commission check for taxes and a short-term reserve account. In...
December 2, 2013

Moving Toward a Groovy Future

By Brian Summerfield, Online Editor, REALTOR® Magazine In a time marked by political upheaval and controversial and indecisive military actions, the U.S. economy takes a sudden dive, resulting in massive stock market losses and unemployment around or above 10...
November 7, 2010