News
RETENTION RATES FOR NEW LICENSEES
by Gary Isom, Executive Director, Arkansas Real Estate CommissionDecember 2014
A broker once said to me that real estate was one of the last professions whereby a person of limited means with no specialized training or college degree could establish a highly successful career through intelligence and hard work. There is truth to that; however, there has to b…
A NEW ERA FOR ARKANSAS REAL ESTATE EDUCATION
by Gary Isom, AREC Executive DirectorApril 8, 2014
This article originally appeared on www.arkansasrealtors.com. With the support of the Arkansas REALTORS Association® (ARA), the 2013 Legislative Session brought changes that will improve real estate education for years to come. The Commission expresses its appreciation once again to the …
FRANCHISE NAMES NOT SUFFICIENT FOR YARD SIGNS
By Gary Isom, Executive Director of the Arkansas Real Estate CommissionCommission Regulation 10.5 states :(a) A licensee may not advertise any property, including the licensee's own property, for sale or rent, or display a real estate sign without including in that advertisement or sign the name of the firm with whom that licensee is licensed.(…
BROKERS DISAGREE OVER BROKER FEE DISCLOSURE
By Gary Isom, Executive Director of the Arkansas Real Estate Commission
So, the day before closing, the seller’s broker discovered that his seller would be paying a fee to the buyer’s broker for professional services rendered. The buyer had agreed to pay this fee to his buyer broker through an agency agreement. This fee was in addition to the compe…
