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Category Archives: Real Estate Brokers License

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Dealing With Buyer’s Agents And Compensation

By David P. Rankin, P.A. |

In the real estate world, there are confusing compensation models. For example, when selling a home, an agent can expect to receive 3-6% of the selling price of the home. When it comes to buyer’s agents, there can be confusion about expected compensation and a recent court case challenged whether there should be compensation… Read More »

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Lost In Translation: When Real Estate Clients Don’t Speak English

By David P. Rankin, P.A. |

As a real estate agent, you want clients that you can communicate with effectively. However, America is a melting pot. We have all ethnicities living here, and they may speak languages other than English. So how do you communicate with someone who speaks Spanish, Chinese, Russian, Vietnamese, Arabic, or some other language? It can… Read More »

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Real Estate Catch-22: What Agents Need To Know

By David P. Rankin, P.A. |

The real estate industry is saturated with agents and brokers looking to sell homes and property. Some are experienced in one area of real estate, such as residential, and want to branch out and possibly make more money. It’s only natural to want to earn more, but real estate agents and brokers need to… Read More »

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AI In Real Estate: What Agents Need To Know

By David P. Rankin, P.A. |

You may have been hearing the buzz about artificial intelligence (AI) all of a sudden, but this technology has actually been around since the 1950s, when computers became faster and smarter. AI is being used in many fields to make processes easier and find answers quicker. AI is being used in real estate. As… Read More »

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When Real Estate Ethics Are Questioned

By David P. Rankin, P.A. |

Real estate agents are a dime a dozen. It seems like so many people consider themselves to be real estate agents. But are they fully trained on the laws, procedures, and ethics involved? When real estate brokers engage in a home sale, they need to ensure they are doing everything properly. They cannot fail… Read More »

Conflict_Interest

Possible Conflict Of Interest Among Greater Tampa Realtors

By David P. Rankin, P.A. |

As a real estate agent, you need to avoid conflicts of interest. This means serving as an agent for family members who are buying or selling property. While close friends and associates do not fall under this clause, you need to disclose the conflict of interest nonetheless. When an agent fails to do so,… Read More »

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Real Estate Broker’s License Suspended After Accusations Of Misappropriation

By David P. Rankin, P.A. |

Real estate brokers help people buy and sell houses. With properties costing hundreds of thousands or even millions of dollars, there’s a lot of money on the line. Funds are often held in escrow accounts. Sometimes money needs to be paid to agents as part of their commissions. Sometimes these situations do not happen,… Read More »

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The Ethics Of Trash Talking In Real Estate

By David P. Rankin, P.A. |

Whether in your job or personal life, you should always aim to be the bigger person. Life’s unfair. Negative things happen. It can be hard to take the high road though. While it’s OK to vent to others, gossiping or saying untrue (and harmful) things about others is never a good look. And in… Read More »

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Ethics In Home Buying And Selling

By David P. Rankin, P.A. |

The real estate market has seen a lot of activity in the past couple years. Homes in desirable locations have been selling for thousands of dollars over asking price. It’s definitely been a seller’s market. Now things are cooling down. Buyers are starting to have the upper hand. Still, there are no guarantees. Sellers… Read More »

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Can A Real Estate Agent Sell Their Own Home?

By David P. Rankin, P.A. |

A lot of people have been selling their homes in this crazy housing market. Real estate agents have been busy preparing homes to put on the market. So, if you are a real estate agent, you may wonder: can I sell my own home? You may think a conflict of interest or other ethical… Read More »