ARCHIVED BLOG POSTS
2011
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•Fair Housing Act - An act created to protect classes of people and prohibits discrimination when selling or renting residential property when based on race, color, religion, sex, national origin, familial status, or handicap status. This information is courtesy of Rowlett Real Estate School www...
06/05/2011
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•Typically, when a buyer makes an offer on real property, the buyer includes with the offer a deposit to show good faith that the buyer is serious about purchasing the property. The deposit is placed in a escrow account by the broker. -Deposit - money delivered to a licensee in connect...
06/01/2011
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FCC rules mandate that it is unlawful to send unsolicited advertisements to a residential or business fax machine without the recipients prior permission •Four requirements a sender must meet before sending unsolicited advertising faxes 1.Sender must have an established business relationship with...
06/01/2011
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•A sales associate representing a potential buyer may call a FSBO (For Sale By Owner) only if they have an actual buyer interested in the property.•May contact individuals with whom associate had an established business relationship for up to 18 months•May contact a customer for three months afte...
06/01/2011
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•Telemarketing is the use of the telephone as a marketing tool to solicit services directly to the public. •Telephone solicitation is defined as the initiation of a call for the purpose of encouraging purchase or investment in property, goods or services When making telephone calls to obtain lis...
06/01/2011
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The rules regarding advertising real property do not prevent real estate licensees from selling their own property.Real estate licensees who are selling "by owner" may place their own classified advertisements with their own personal contact information. It is not necessary for a licensee to indi...
06/01/2011
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When advertising on an Internet site, the name of the brokerage firm must appear adjacent to or immediately above or below the point of contact information. •Point of contact information - is any means by which to contact the brokerage firm or a licensee including: --Mailing address, street addre...
06/01/2011
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All advertising must be worded so that reasonable people will know that they are dealing with a licensee. -Includes Signs, Ad's, Letterheads & Business card •Advertisements must include the name of the brokerage firm. Failure to do so is blind advertisements »Blind advertising is prohibited & ...
06/01/2011
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Anyone who advertises or represents that they are providing real estate services is acting as a real estate broker. Therefore, advertising is considered under Florida law to be a broker activity. All advertising must be in the name of the brokerage and under the supervision of the broker. -Sale...
06/01/2011
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Active brokers must display an office sign at the entrance -can be displayed at the exterior or interior -must be easily observed •The sign must contain the following information: -Trade name (if used) -Broker's name -The words "Licensed Real Estate Broker" •Names of sales associates and broker a...
06/01/2011
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Captain Wayne - Rowlett Real Estate School
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