David Saks is a musician, retired real estate broker, and long-time ActiveRain member.
David's blog features important information relevant to the safety, integrity and security of the industry. In addition to his widely read real estate fraud blog, a comprehensive overview of real estate continuing education is a weekly addition for his subscribers and the ActiveRain community at-large. Thank you for subscribing to and for visiting David's ActiveRain home on the internet.
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ARCHIVED BLOG POSTS
2008
Does the general warranty deed provide the greatest protection for a buyer? We call it a general warranty deed because the seller or grantor is bound by law to honor definite warranties and covenants. Usually, your state will require that certain wor...
04/28/2008
9
Comments
A fixture is personal property that's been appended to a building, property or some land in such a manner that it actually becomes part of the real property. Usually, it's considered that if an item has been included as a permanent part of a building it's considere...
04/26/2008
Do you use the broker protection clause? It usually says that a property owner will pay the listing broker a commission if, after a specified number of days after the expiration of the listing, the owner sells the property to someone the broker sh...
04/26/2008
2
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Escheat is a way in which the state can get their hands on privately owned private property or real estate when an owner dies without any heirs or a will that presents some kind of final disposition for the personal property or real estate. Sometimes ...
04/26/2008
Some public sentiment regards that the very best agents among us are the ones that allow their clients to flake out whenever they want to. Usually it's because the client isn't happy with the way you deal with them. What kind of situations have you had like this...
04/26/2008
10
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Do you do more than gather listings? What's your track record of actually selling houses? Clients demand agents with a good track record. Agents who sell houses. Agents who can sell houses in a lousy, downturned market. I'm not a salesperson, although a broker...
04/26/2008
What kind of liability are we up against when we state our opinions? Salespeople, brokers and company employees have to be careful with the statements they make to clients, customers and others in our profession. Should we be certain that the party to wh...
04/26/2008
4
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What we call an estate in land is a term used primarily to define the extent of an owner's interest in real property. In it's general sense, an estate in land also defines the quantity, nature and degree of the ownership. There are a bunch of di...
04/26/2008
10
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What kind of an employment agreement do you have with your broker? Should the employment agreement define your obligations and responsibilities? There really are only two alternatives to working for a brokerage: A salesperson has to be either an independent cont...
04/26/2008
10
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Before a salesperson is compensated, doesn't an agreement have to exist between the broker and the salesperson regarding the amount or type of compensation with the company? Do you share the commission from the transaction or receive a fixed ...
04/26/2008