All Forum Posts by: Jonn Vidal

It's become common now that CA agents Present other Listing agents' open houses undisclosed (until buyers are roaming in the house/property),

as Listing Agents are often busy spending the weekend interviewing to get other Listings!

But why are these Presenting agents forcing any prospective buyer who walks into 'their' open house to sign 

the Buyer Representation and Broker Compensation Agreement (C.A.R. Form BRBC)?

This form is now being presented as the ONLY form available and REQUIRED of anyone visiting 'their' open house,

creating a Buyer agency for that open house the prospective buyer "found" on their own - or even multiple properties, can last up to 3 months (with the possibility of extension) and can even be Exclusive!!

Hiding the Open House Visitor Non-Agency Disclosure and Sign-In (C.A.R. Form OHNA-SI) 

from visitors who do not wish to be forced into Buyer's Agency with some other random agent presenting the Listing agent's property at that open house date/time slot

Per NAR's new 'rules':

Open House Etiquette in a Post-NAR Settlement Era : New Rules

Why days before closing do buyer's hire inspector for over $500 inspection, spend like all day poking and prodding at property's mechanics, then their agent send Repair Requests in the 10s of thousands of $ in repairs 

Usually asking for the total $$$ inspector recommended repairs add up to, and not settling for less nor for reducing the sale price by claimed amount? Clearly a reason to cancel escrow than give into the shakedown; but why don't they just come with a Contractor to quote them repairs in the first place?

congrats on ur residency in Missoura!

Learn to Live Life on Your Terms through Real Estate Investing on BiggerPockets

from happening again?

Blackstone's Housing Empire: A Giant in the US Rental Market?

loopnet then bizben then bizbuysell would be my 1st 3 searches!

In many states, the last month's rent is or at least was an addendum to "security deposit" so much so that most renters no matter the state will tend to still ask to apply their remaining amount on deposit (last month deposit, NOT security deposit portion) to their 'last month' - yet CA landlords are now well as of since July 2023 going forward, prohibited from applying ANY deposit to the unpaid last month, thus Newsom is giving all tenants who don't care about their credit a FREE LAST MONTH EVERY TIME THEY MOVE OUT if they make the case that their security deposit cannot lawfully be applied to the last month of rent in arrears?!.

Furthermore, now even lavishly furnished apartments, thanks to Newsom, will be limited to being secured only with a SINGLE month of security deposit in CA which CANNOT be applied to 'normal wear and tear' of furniture either, so if the tenant in a furnished apartment never pays their last month of rent but wears and tears down all the furnishings, it seems landlord would still have to give back the 'security' deposit on move-out, not being able to apply the 'security' deposit to last month of rent in arrears NOR the worn and torn furnishings?!

There goes the neighborhood.. and furniture, likely!

www.costar.com/article/249461865/jury-finds-brokers-conspire...

A jury in Kansas City awarded almost $1.8 billion in reimbursements to Missouri home sellers who accused the National Association of Realtors and some residential real estate brokerages of unnecessarily driving up the cost of home sales because of their long-running practice of buyer and seller agents splitting commissions.

The more than $1.78 billion awarded by the jury will be trebled, or effectively tripled, so the damages total almost $5.4 billion, pending appeals. Two defendants said they plan to appeal while another is considering doing so.

Jury Finds Brokers Conspired To Inflate Commissions, Awards Missouri Home Sellers Almost $1.8 Billion

How did I get here?! Anyways so what Natalie said up there is just its a temporary exemption on 6+ freshly planted fruit trees intended to not tax you for improvements (Fruits trees) before they produce.

Has anyone actually gotten "a few thousand in Property tax reduction" simply by planting 6+ fruit trees, or just a temporary reduction in assessed value based on the cost of the multiple fruit trees being exempt from counting as an improvement (temporarily) called an "ORCHARD"??

At first i thought the OP was saying just planting 6+ fruit trees on your property makes it an ORCHARD; rather than adding 6+ trees being an Improvement called an Orchard!