News
EXPECTATIONS GROW GREATER FOR BROKER FEE DISCLOSURE
From the Arkansas Real Estate Commission
A case heard by the Commission on Monday, June 8, 2015, will likely increase expectations for brokers representing buyers to disclose fees the buyer’s broker will receive through seller concessions. Following the hearing, the Commissioners were concerned that their decision not to sanction the buyer’…
AGENTS & BROKERS REQUIRED TO PRESENT ALL OFFERS TO SELLER
By Gary Isom, Executive Director of the Arkansas Real Estate Commission
One of the more frequent complaints filed with the Arkansas Real Estate Commission concerns the presentation of offers for real estate. It’s fairly common for buyers whose offer was not accepted to suspect that their offer was not pr…
ABSOLUTE ACTION
By Gary Isom, Executive Director of the Arkansas Real Estate Commission
The Arkansas Real Estate Commission began working with the Arkansas Auctioneers Association in 2011 to address some problematic issues involving real estate auctions. The Association’s members noticed that auctions were all too often being advertised as “absolute auctions” only to be converted on the day …
WHAT DOES THE TERM “TEAM” REALLY MEAN TO BUYERS AND SELLERS?
By Gary Isom, Executive Director of the Arkansas Real Estate Commission
A few years ago, a new trend developed in the real estate business. Salespersons in real estate firms began referring to themselves and select associates who may or may not hold real estate licenses as “teams”.
Some of these teams were formed by agents who h…
QUESTION ABOUT DISCLOSURE PRESENTS MULTIFACETED RESPONSE
House to House: Question About Disclosure Presents Multifaceted Response July 15th, 2012 by Arkansas Realtors Association
This week’s column is guest-authored by Gary Isom, Executive Director of the Arkansas Real Estate Commission.
Of the questions we receive from the media, the topic that most often arises is related to proper…
