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Short Sales Can Be Big Challenges

July 16th, 2007 by mick

Listing agents with tall experience in “short sales” are finding themselves once again in high demand by sellers. Agents who take the trouble to study short sale strategy will be rewarded not only monetarily but, just as importantly, by the humane satisfaction of helping a distressed family retain its dignity.

Although you may be familiar with …

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Connecticut and Florida now mutually recognize each other’s education

June 29th, 2007 by edward

On March 21, Florida entered in to a mutual recognition agreement with Connecticut, making Connecticut the 11th state to have such an agreement with Florida. The other states are Alabama, Arkansas, Colorado, Georgia, Indiana, Kentucky, Mississippi, Nebraska, Oklahoma and Tennessee. Brokers and Sales Associates can qualify for an equivalent type license in Florida if they …

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Mortgage Fraud in Florida

June 19th, 2007 by edward

Florida has the dubious distinction in 2006 of having more mortgage fraud cases than any other state, passing the state of Georgia. (Georgia authorities made major strides in a fraud crackdown, even raiding title closing offices during closings.) The FBI has made mortgage fraud one of its top priorities in the last two years because …

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Florida Anti-Kickback Laws

June 15th, 2007 by edward

The Department of Financial Services, which regulates title insurance companies, and the Department of Business and Professional Regulation, which regulates real estate brokers and sales associates, have both noted an increase in recent months in the number of complaints regarding title insurance companies paying financial “kickbacks” to real estate brokerage firms, sales associates, or mortgage …

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Most Realtors come to the profession from other careers

May 15th, 2007 by edward

A new member survey from the National Association of Realtors® (NAR) shows that only four percent of its members say real estate is their first career. Most come to the profession from management, business, or financial fields; about 20 percent were in sales or retail, six percent were teachers and five percent homemakers.

The field has …

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