In accordance with TREC Rule 535.2(h)(7) a CMA needs to be retained for four (4) years in your files just like any other transaction document. … [Read more...]
Navigating Texas Real Estate: The Vital Significance of Understanding Real Estate Contracts and Addenda
The realm of Texas real estate is a bustling landscape where dreams of homeownership and investment opportunities become realities. Amidst the excitement, it's crucial to recognize that these aspirations are often sealed in a complex web of legal documents. One of the most critical aspects of this process is comprehending real estate contracts and their accompanying addenda. In this blog, we delve … [Read more...]
The Crucial Role of Continuing Education for Texas Real Estate Agents
In the dynamic and ever-evolving world of real estate, staying informed and up-to-date is paramount for success. For Texas real estate agents, continuing education isn't just a box to check; it's a pathway to professionalism, excellence, and staying ahead in a competitive market. This blog explores the significance of real estate continuing education for Texas agents, shedding light on the reasons … [Read more...]
The Irreplaceable Value of Live Continuing Education in Comparison to Online Self-Taught Classes
In a rapidly evolving world, continuing education is a cornerstone for growth and success in any profession. For professional real estate agents and brokers seeking to enhance their knowledge and skills, the choice between live continuing education and online self-taught classes is a critical one. There are unique advantages of live continuing education and why it holds a distinct edge over … [Read more...]
CMA’s When Buying Personal Residences
When negotiating to purchase a property for yourself, as a licensee, you are required to provide the seller with BPO or CMA. TREC Rule 535.16(c) states: "A real estate license holder is obligated to provide a broker price opinion or comparative market analysis on a property when negotiating a listing or offering to purchase the property for the license holder's own account as a result of … [Read more...]