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15 January 2017 | 6 replies
Give this Realtor Mag article a read What Unlicensed Assistants Can Do in Your State it breaks down the specifics for every state, California included.Here is what unlicensed assistants can & can not do in my home state of Ohio.DOS AND DON’TS FOR UNLICENSED PERSONAL ASSISTANTSDO: Call people to schedule appointments.Call the owners of properties listed by the brokerage to schedule showings, closings, or inspections.Prepare market value analysis forms.Compile listing packages.Prepare listing presentations.Write and place advertisements.Take and develop photographs of properties.Address and mail open-house invitations and thank you notes to open-house attendees.Deliver documents such as offers and counter-offers.Coordinate direct mail campaigns.Create flyers and brochures.Maintain mailing lists.Monitor closing details.Coordinate closings.Communicate with sellers and buyers regarding delivery or pick-up of keys.Process sales.Enter listings on office “listing board”.Mail copies of ads to sellers.Install and maintain “For Sale”, “Open House”, and “Sold” signs (after satisfaction of contingencies).Coordinate sending of gifts, flowers, etc.Order legal description and plot plan.Prepare open house materials and prepare and mail highlight sheets as needed.Submit earnest money to secretary.Assemble For Sale By Owner and expired leads for follow up by REALTOR.Mail expired and For Sale By Owner letters.Assist with organization of agent tour.If and when property is vacated, periodically inspect and oversee maintenance and care.Install and remove lock boxes.Input listings into Multiple Listing Service and handle Multiple Listing Service changes.Map properties for showing to buyers.Inform seller or buyer of title transfer and deliver or pick up keys.Communicate with escrow officer/branch escrow secretary to keep up to date on all activities during the escrow period.Gather the names, addresses, and phone numbers of all parties to the transaction, including sellers, buyers, REALTORS, loan officer, title company, etc.Keep calendar of all important dates, i.e., loan application, loan approval, inspections, satisfaction of contingencies, title transfer, etc.Attend sales meetings at request of REALTORS.Process incoming and outgoing referrals as deemed correct by the company.Special events promotion, organization, and implementation.Handle bank and trust deliveries.Handle all transaction record-keeping in an organized, complete, and clear manner.Search legal and/or city/county records.Compile information and keep records for income tax preparation.DON’T: Make representations about the services offered by the real estate brokerage.Interpret documents or answer questions concerning documents.Ask, answer, or discuss questions concerning asking price, address, number of bedrooms, or other qualities of a property.Ask owners questions as to their housing needs in order to determine their interest in listing their property.Gather information on an owner’s house or a home an owner may be looking for.Provide information to the owner on properties listed.Request the names of others interested in buying or selling a property.Direct or assist in the procuring of a prospect which is calculated to result in the sale, lease, or exchange of real estate.Here is another example.
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9 March 2017 | 3 replies
If you're asking about the two calendar statutes within a 1031 exchange then you have 45 days from the date of the close of your sale to identify your potential replacement property or properties.
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27 June 2022 | 12 replies
Actually one thing to note that is kind of funny is that when banks collect interest they do so on a true 365/366 days a year calendar but when they pay our interest to say a savings account they do so based on a 360 day a year calendar
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14 July 2016 | 41 replies
If I don't load the data into my google calendar I don't know about them.
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25 June 2013 | 75 replies
Unfortunately I'll be out of town for the February meeting, but I've already got the March meetup on the calendar.
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13 December 2016 | 23 replies
Originally posted by Brian Burke:By the way, you can lend your own money directly to borrowers without a license (as long as you comply with all applicable lending laws), but you cannot broker loans between borrowers and other people's capital without a license.You don't need a license if you stay under the usury limit AND you make less than 8 loans in a calendar year.
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11 December 2017 | 62 replies
Oh well....I'd rather it not be on a Fri night, but I'm marking my calendar and will just plan to make it.
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14 January 2023 | 3 replies
Like @Jeff Copeland said, a year and a day is actually two tax and calendar years (both phrases used by the IRS).
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23 February 2023 | 30 replies
Especially since it is early in the calendar year.
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30 January 2023 | 11 replies
Often referred to as the "lazy man's 1031" it allows an entire calendar year to reallocate so there's much more flexibility.