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
2011
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#1455 When a real estate agent considers himself an employee or an independent contractor the consideration will have an impact on whether or not the broker will have to pay social security or income taxes. Take your time. The solution is poste...
12/26/2011
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#1454 If a salesperson works for any brokerage as an independant contactor the salesperson must be paid a regular salary by the brokerage, and needs no supervision by the principal broker. Is this true or false ? Take your time. The solution is...
12/25/2011
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#1453 It is extremely important that all real estate agents understand the concepts of contract law, agency, and property laws. Is this true or false or is this something which only concerns a member of the legal profession ? Take your time. The s...
12/25/2011
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#1452 What is traditionally considered to be the last step in a real estate transaction ? Take your time. The solution is posted below the wildlife photo. A. The closing Closing is generally considered to be the last thing that takes pla...
12/25/2011
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#1451 When a salesperson is acting as an employee and is not acting as an independent contractor that salesperson has the right to advertise property under their own name. Is this true or false ? Take your time. The solution is posted be...
12/25/2011
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3.9 MILLION LOANS ARE 90 PLUS DAYS DELINQUINT OR IN FORECLOSURE AS OF 0CTOBER 2011. LOOK AT THE LINE FOR OCTOBER 2011 CLICK THE GRAPH FOR THE FULL REPORT Who can sleep well ?
12/22/2011
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It Looks Like Real Estate Fraud Is Becoming An Out-Of-Control, Unstoppable, Epidemic ! It Wouldn't Surprise Me If the Center For Disease Control or The World Health Organization Classified Real Estate Fraud as a Disease ! Don't Ignore It Just Because It's Not Happening In Your Comfortable Little ...
12/22/2011
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Kirby Lofts Trio Pleads Guilty U.S. Attorney’s Office December 22, 2011 Southern District of Texas (713) 567-9000 HOUSTON—Derwin Frazier, Veronica Frazier, and Felton Greer have pleaded guilty for their respective roles in connection with fraudulently obtaining home loans in the Kirby Lofts co...
12/22/2011
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Metro-East Woman Sentenced on Mortgage Loan Fraud, Tax Fraud, and Food Stamp Fraud Offenses U.S. Attorney’s Office December 21, 2011 Southern District of Illinois (618) 628-3700 A metro-east resident was sentenced today in the United States District Court in East St. Louis for participating in...
12/22/2011
Woman Pleads Guilty To Theft of Road Home Money U.S. Attorney’s Office December 21, 2011 Eastern District of Louisiana (504) 680-3000 NEW ORLEANS, LA—RACHEL SAVAGE, age 48, a resident of Foley, Alabama, pleaded guilty to a one-count bill of information today for theft of government funds, base...
12/22/2011