Your exhausted seller received five offers in one day. Four are over asking price, but the last one offers $50,000 less, possibly making it a waste of time for an already overwhelmed seller. Must you still present it? Perhaps not – but only under very specific conditions.
While U.S. tax law supports the current definition of an “independent contractor,” recent changes to U.S. labor law call it into question, and that could potentially impact Realtors.
RE Q&A: Communicate with your HOA or condo association. Most will try to address the issue with homeowners who have financial difficulties, but there are legal limits.
A Realtor® thought he was helping when he drafted a power of attorney for a friend. But, after a complaint was filed, the Realtor is found in violation of the Code of Ethics. How can that be if the power of attorney was directly related to real estate matters? Doesn’t that mean that Realtor provided real estate, not legal, services?
If an associate or broker representing a seller says over the phone that a seller accepts an offer, but the seller changes their mind before signing, is there a contract?
Chapter 475 oversees real estate licensees, but Florida licensees also have other obligations under Chapter 455. It’s a growing problem for licensees called before FREC because “I didn’t know I had to report that” doesn’t carry much weight.
The Florida. Dept. of Commerce finalized its rules and their effective date pertaining to certain foreign principals who must register property ownership under a 2023 law.
