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The more that you read, the more things you will know. The more that you learn, the more places you’ll go. —Dr. Seuss
Real Estate Broker Disclosure And Notice Requirements
Every year seems to bring a new disclosure or notice requirement for real estate brokers. But just what is required these days, and how do brokers comply?
Procuring Cause – What Does It Really Mean?
Procuring cause. Two simple words that often dictate whether a broker is entitled to a commission. Real estate brokers and salesperson hear this phrase all the time and understand its importance, but what does it really mean?
The Anatomy of a NAR Arbitration
Members of the National Association of Realtors (NAR), by virtue of their association with NAR and its local boards (LIBOR, HGAR, HANFRA etc.), are bound by a code of ethics and are subject to mandatory arbitration of disputes between brokers. The expansive “Code of Ethics” can be found on NAR’s website and includes rules that members are required to follow, and the procedure for arbitrating disputes between brokers who violate those rules.
But what exactly happens at these arbitrations, and should you hire an attorney to represent you?
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