This is obviously in the best
interests of real estate brokers, and not consumers.
Not exact matches
In October, BGC completes its acquisition
of Newmark Knight Frank, a leading U.S. commercial
real estate brokerage and advisory firm serving corporate and institutional clients, plus a controlling
interest in its affiliated companies, encompassing approximately 425
brokers.
Perfit, a commercial
real -
estate broker, is being accused
of conflict
of interest in voting in favor
of a half - million - dollar Pilot (payment in lieu
of taxes) deal last week on the controversial project.
[Box 28] 1101 Vermont Ave., lease information, 1981
Real estate, 1101 Vermont Ave., subleasing, Julien Studley, 1984 - 1985
Real estate, 1101 Vermont Ave., subleasing, 1985 - 1986
Real estate, Spaulding reports on Washington office space market, 1982, 1988 Space Planning Committee, input for new building, 1980 - 1982
Real estate 1776 Mass Ave., lease information, 1980 - 1985 GWU lease to 14th and H Associates, 1980 1333 H Street Developer's brochure, 1982 Coldwell Banker, 1984 JTR notes on parking, etc., 1984 dispute over building size, 1984 lease between AAAS and NY Life, 1984 - 1985 final draft
of lease, 1984 first lease amendment, 1985 second lease amendment, 1987 financial impact
of move, 1985 misc., 1985 space concerns, 1984 Design Business Interiors (DBI) Move Committee meeting minutes, 1984 - 1985 ORS Associates, relocation plan, 1984 relocation, budget, 1984 relocation, employee info on moving records, 1985 relocation, misc., 1985 1515 Mass Ave. appraisal reports, 1977 & 1981 Dupont Circle historic district, 1983 potential sale, misc., 1984
interested buyers, 1981 - 1983 potential sale,
broker proposals, 1984 sale to Tunisian Embassy, 1984
Recordkeeping is easier with these
interest - bearing checking accounts tailored to the needs
of law firms (IOLTA) and
real estate brokers and agencies (IOREBTA).
Inquiry as to the availability
of any VA repossessed homes for sale in the area in which you are
interested may be made by contacting local
real estate brokers.
Our main office is located in Belize City and we work with agents and
brokers throughout Belize ensuring that you have access to excellent and reliable Belize
real estate services in any area
of Belize that
interests you.
One final point: I always recommend finding an experienced commercial
real estate broker who does not have the typical conflicts
of interest commonly found in the industry.
Action between
real estate broker, client and their attorney involving attorney's claims
of interest in client's acquisition
of real property
SB 1171 Seeks To Require Conflict Disclosures for Commercial
Real Estate Brokers Whenever there is a conflict
of interest, there exists an opportunity for those seeking representation to be exploited.
A friend
of mine was a
real estate broker and I thought it sounded like an
interesting career.
The structure helps ensure the best
interests of agents and
brokers — and ultimately, consumers — are the focus
of UpstreamTM, and that no size or type
of real estate company has an advantage over another.
On a slightly different front, just in time to take advantage
of the downturn in the commercial
real estate market, the CoStar Group, a Bethesda, Md. - based provider
of commercial
real estate information, launched CoStar Showcase last month, a new product that will help commercial
brokers show listings to as many
interested parties as possible.
Because if a
broker helps an agent by nurturing these leads, giving them value month after month, keeping them connected to their agents, providing them with something
of value that keeps these future buyers and sellers
interested and inside your circle, you will have the greatest long - term opportunity in
real estate: To create clients for life.
obligates a
real estate broker to act at all times solely in the best
interests of his principal to the exclusion
of
One piece
of particular
interest to
real estate professionals is «The Value
of the Relocation Department,» which contrasts the role
of relocation professionals to that
of traditional
real estate brokers.
An alliance
of three prominent French
real estate brokers in the Miami area has launched the Fédération des Professionnels de L'Immobilier de Miami (FPIM), a non-profit organization that pairs French - speaking Realtors in South Florida with French - speaking buyers from around the world who are
interested in purchasing
real estate in the South Florida market.
«I've been able to reduce my showings by 90 percent — to only those people who are really seriously
interested in a home,» reports Jorge Guerra,
broker - owner
of Real Estate Sales Force in Miami.
(1) A
broker or salesperson who has a client in respect
of the acquisition or disposition
of a particular
interest in
real estate shall take reasonable steps to determine the material facts relating to the acquisition or disposition and, at the earliest practicable opportunity, shall disclose the material facts to the client.
(2) A
broker or salesperson who has a customer in respect
of the acquisition or disposition
of a particular
interest in
real estate shall, at the earliest practicable opportunity, disclose to the customer the material facts relating to the acquisition or disposition that are known by or ought to be known by the
broker or salesperson.
As used in that piece
of state law, «the terms «
broker price opinion» and «comparative market analysis» mean an estimate prepared by a licensed
real estate broker that details the probable selling price or leasing price
of a particular parcel
of or
interest in property and provides a varying level
of detail about the property's condition, market, and neighborhood, and information on comparable properties...» There is also within that section in our state law entitled «
Broker price opinions and comparative market analyses for a fee».
«I want to continue defending the
interests of our members and promoting
brokers as an essential component
of a
real estate transaction.
Areas
of interest include industry education initiatives for
brokers, homebuyers and tenants as well projects that enhance leadership in the
real estate industry.
Until that time, every effort will be made to defend your
interests and, above all, move forward with our plan to promote
real estate brokers and increase awareness
of Centris.ca.»
But there's a silver - lining: «When we compare past studies, an
interesting trend emerges: Executives and
broker - owners are less confident in the global economy and far more confident in their local economies at the end
of each year than they were at the beginning,» says Renwick Congdon, CEO
of Imprev, an automated marketing service for
real estate.
This very
interesting article deals with the writer's concern over the
Real Estate Council
of Ontario (RECD) penalty imposed on an individual, registered under The
Real Estate and Business
Brokers Act (Ontario).
For example, a sentence such as «REALTORS ® will benefit from the lower
interest rates» is incorrect because all
real estate brokers and salespeople, not just members
of NAR, would benefit.
RECO's mission is to protect the public
interest through a fair, safe and informed marketplace, but eight out
of 10 RECO board members are
real estate agents or
brokers.
With U.S. Census data pointing to increased «migration» — the number
of people who moved out
of state or region in 2012 increased 6 percent over 2011 — and ERA
brokers citing an increased
interest in self - directed relocation, ERA
Real Estate partnered with HGTV to dig deeper into the American appetite for relocation.
«If a
broker determines that «coming soon» advertising is in the client's best
interest and confirms that the client understands the possible consequences, then it is imperative for the
broker to know the
real estate license laws and regulations
of their state to ensure that such advertising is in compliance.
I'm
interested in
real estate brokering but I don't have a driver's license
of any driving experience.
Section 9 - 508 establishes the requirement
of a written agreement for a
real estate broker seeking to collect a commission from the transfer
of an
interest in
real property.
«I've been flat - out told by these lenders, «We want to sell to someone who uses one
of our lenders,»» says Troli, a
broker with Prudential Wheeler / Steffen
Real Estate in Claremont, Calif. «It seems like a conflict
of interest.»
Lenders sometimes offer to pay
real estate brokers for lists
of names and phone numbers or e-mail addresses
of people who may be
interested in a mortgage loan.
Real estate is made up
of a wide variety
of individual personalities, who are an
interesting group
of classy and very capable professionals,» says Len Wassill,
broker and general manager
of Century 21 Broadway Park Realty in Yorkton, Sask.
«For decades, the National Association
of REALTORS ® has tracked growing consumer
interest in a one - stop shop through its surveys,» says Renwick Congdon, chief executive officer
of Imprev, the
real estate marketing software firm that works with 150,000 agents and
brokers nationwide.
accept or offer any disclosed or undisclosed commissions, rebates, profits, or other benefit from
real estate agents,
brokers, or any third parties having financial
interest in the sale
of the property; or
«Our goal has been to bring the
real estate world closer together by serving the best
interest of agents,
brokers, developers, buyers, and sellers all over the world.
Buck v. Cimino (243 A.D. 2d 681)-
broker is procuring cause
of sale where
broker set in motion the chain
of circumstances which proximately led to the sale; not necessary for
broker to have been involved in the negotiations
of sale where lack
of involvement is attributable to buyer, a licensed
real estate broker, who used her knowledge as a
broker to affirmatively mislead
broker into believing she lacked any
interest in the property;
broker is proximate link where
broker introduced buyer to the property, brought buyer to the property, the buyer and seller engaged in minimal negotiations and the contract
of sale was executed soon after
broker's introduction
of buyer to the property (approx. 10 days).
At American Apartment Owners Association (AAOA), our mission is to serve the
interests of landlords,
real estate brokers, property managers,
real estate owners and apartment building owners nationally.
The nation's second - biggest
real estate broker, Berkshire Hathaway Inc. affiliate HomeServices of America Inc., has entered the franchising business by acquiring a majority interest in the Prudential Real Estate and Real Living brands from Brookfield Asset Managem
real estate broker, Berkshire Hathaway Inc. affiliate HomeServices of America Inc., has entered the franchising business by acquiring a majority interest in the Prudential Real Estate and Real Living brands from Brookfield Asset Manag
estate broker, Berkshire Hathaway Inc. affiliate HomeServices
of America Inc., has entered the franchising business by acquiring a majority
interest in the Prudential
Real Estate and Real Living brands from Brookfield Asset Managem
Real Estate and Real Living brands from Brookfield Asset Manag
Estate and
Real Living brands from Brookfield Asset Managem
Real Living brands from Brookfield Asset Management.
287 DOS 98 Matter
of DOS v. Uqdah Realty & Management Corp. — deposits; jurisdiction; fraudulent practices; failure to pay judgment; vicarious liability; notary public; disclosure
of agency relationship;
broker violated 19 NYCRR 175.1 when he deposited escrow funds into his operating account;
broker committed conversion when his operating account fell below deposit amount;
broker engaged in fraudulent practices when he illegally retained buyer's trust funds and attempted to qualify prospective buyer for mortgage by falsely stating their employment;
broker failed to disclose his agency relationship to his client; failure to pay judgment; corporate
real estate broker vicariously liable and charged with actual knowledge
of violation
of law because
of representative
broker's cognizant misconduct as corporate officer;
broker is not required to deposit a refundable commission in an escrow account unless contractually demanded; corporate
broker and representative
broker's license revoked; restitution
of deposit
of $ 12,000 plus
interest; notary public commission revoked based on misconduct as a
real estate licensee
Reiser, Inc. v. Roberts
Real Estate (292 A.D. 2d 726)-- claims that
broker breached listing agreement based on extrinsic evidence can not survive the explicit language
of the listing agreement granting to
broker «full discretion to determine the appropriate marking approach» for the listed properties;
broker establishes its entitlement to commission under the listing agreements by introducing uncontroverted evidence that three properties sold as a result
of broker's efforts while the listing agreements where in effect; owner's claims
of breach
of fiduciary duty fail where owner, builder / developer, did not list all
of its properties with
broker as
broker's duty is limited to protecting its principal's
interest only with respect to properties which have been listed with the
broker;
broker's duty to refrain from taking action adverse to its principal's
interests is necessarily tied to the transaction that formed the agency relationship; owner's claim
of fraud in the inducement under one
of two listing agreements survives motion for summary judgment
594 DOS 01 DOS v. Walker - deposits; failure to appear at hearing; failure to pay judgment; failure to cooperate with DOS investigation; notary public; proper business practices;
broker commingles funds by placing deposits in operating account;
broker allows escrow account to be overdrawn on numerous occasions;
broker uses deposit for separate, unrelated business investment;
broker fails to pay judgment without presenting an explanation or excuse for failure to pay judgment;
broker fails to cooperate with DOS investigation by failing to respond to and comply with letter directing him to appear for a conference and to provide certain documents;
broker fails to notify DOS
of new address upon closing office; DOS fails to prove that salesperson improperly held herself out to be
real estate broker associated with corporate
broker, that the
broker made misrepresentations to the purchasers regarding payments they were required to make toward the purchase, that some checks were returned for insufficient funds, that the
broker failed to make certain required payments, that the
broker properly failed to make certain other deposits and that the
broker gave a postdated deposit check which could not be cashed due to insufficient funds; representative
broker's and corporate
broker's licenses revoked, return
of deposits in the amount
of $ 400.00 and $ 3,173.83 ordered with
interest, civil judgment to be fully satisfied; salesperson fined $ 1,000.00 and notary commission suspended for four months
214 DOS 97 Matter
of DOS v. Laymon - accounting to client; bad check; deposits; failure to pay judgments; proper business practices; jurisdiction; DOS retains jurisdiction after expiration
of license (for failure to pay renewal fee) where acts occurred during licensure; violation
of 19 NYCRR 175.1 by depositing clients» funds into operating account and failing to maintain special bank account; violation
of 19 NYCRR 175.2 for failing to account to client;
broker engaged in fraudulent practices by accepting monies he was required to retain in escrow, depositing said monies into his operating account, failing to return same to its rightful owner and by purporting to make refunds by issuing bad checks; in light
of broker's financial inability to do so, failure to promptly satisfy judgments was not a demonstration
of untrustworthiness; there was no violation
of 19 NYCRR 175.3 (b) where
broker was not managing rental properties;
real estate broker's license revoked; reapplication for
broker's license conditioned upon proof
of payment
of restitution with
interest and proof
of satisfaction
of judgment with
interest
242 DOS 97 Matter
of DOS v. Hinds - deposits; proper business practices; fraudulent practices; due process; exparte proceeding is proper where there is evidence
of proper service
of process; unlawful retention
of deposit monies constitutes larceny; illegal exercise
of right
of ownership over principals» funds is conversion;
broker's illegal retention
of deposit monies
of principals in four, separate
real estate transactions is a fraudulent practice;
broker's failure to pay lawfully obtained judgments without a showing that he is unable to do so is a demonstration
of untrustworthiness; license revocation; restitution with
interest
Brokers did you know that the
interest earned on deposits is paid to the Alberta
Real Estate Foundation (AREF) and is then reinvested into the community
of Alberta?
With 15 years
of experience, Mark has become one
of Houston's leading
real estate brokers with a reputation for his strong work ethic and tenacity in representing his clients» best
interests.
Consent Order 96 - 0004, Matter
of Bernstein - Failure to notify DOS
of change
of principal business address; failure to renew license after expiration; acting as
real estate broker without license; failure by licensee to disclose to seller licensee's
interest as a principal in corporate buyer client; $ 2,000.00 fine
Licensees who are
interested in licencing a personal
real estate corporation should discuss it with their managing
broker and review the following sources
of information: