VAR's Blake Hegeman discusses the perennial favorite topic: what goes down when agents leave or change firms?
Questions answered include:
- What happens if an agent leaves a firm when they have a deal pending?
- Can you still be paid while in transition to another firm?
- Where does the payment come from in those instances?
The good folks at DPOR are working hard to get your license paperwork processed — applications, transfers, and the like.
We’ve already given you some tips on how to speed that process; we’ve got some more info to pass on.
Don’t call DPOR and ask for the status of your license. No one there can give it to you.
The latest quarterly commercial real estate forecast from NAR has zero surprises (and that’s just fine). It says that yes, the CRE market is recovering with the rest of the economy, “but a slowdown in job creation and ongoing tight loan availability has tempered growth in some areas.”
Hard to argue.
Jobs are growing, but never as fast as we’d like. Loans are available, but lenders are still cautious, and that caution is making it harder for businesses, especially smaller ones, to get loans.
Curious about how the Virginia real estate agency law came around in the mid-90s? Wondering why the changes are happening now? Roanoke Realtor® Steve Hoover – an expert on Agency Law in Virginia – explains some of the history behind the Virginia agency law. Here's a hint: they didn't just fall out of the sky. Realtors® just like you worked long and hard to determine the best solutions to some very real issues on both consumer and Realtor® sides.
If you could do just one thing next year guaranteed to ratchet-up your earning potential and real estate knowledge and create a personal referral network that could pay dividends for the rest of your career…would you do it?
Perhaps the more appropriate question is: Why wouldn’t you?