Standard of Practice 1-2The duties imposed by the Code of Ethics encompass all real estate-related activities and transactions whether conducted in person, electronically, or through any other means.The duties the Code of Ethics imposes are applicable whether REALTORS® are acting as agents or in legally recognized non-agency capacities except that any duty imposed exclusively on agents by law or regulation shall not be imposed by this Code of Ethics on REALTORS® acting in non-agency capacities.As used in this Code of Ethics, “client” means the person(s) or entity(ies) with whom a REALTOR® or a REALTOR®’s firm has an agency or legally recognized non-agency relationship; “customer” means a party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR® or the REALTOR®’s firm; “prospect” means a purchaser, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR® or REALTOR®’s firm; “agent” means a real estate licensee (including brokers and sales associates) acting in an agency relationship as defined by state law or regulation; and “broker” means a real estate licensee (including brokers and sales associates) acting as an agent or in a legally recognized non-agency capacity.

The property will perform as a medium term rental if short term regulations expand to the area.

Control risks by getting insurance, inspecting the property, and being aware of the local regulations pertaining to landlord-tenant.7.

Lender options vary by state due to state regulations- these type of programs are available in many states.

Long-time podcast listener, first time to post here. I came across this article about the recent Salt Lake City Council budget amendment that includes money for the city to monitor STRs via some type of software. As a...

When considering the purchase of a property with existing fire damage, there are several important factors and protocols to keep in mind:Assessing the Damage: Conduct a thorough assessment of the fire damage, ideally with the help of professionals, to understand the extent and impact on the structure and systems of the propertyRepair Protocols: Follow local building codes and regulations for fire damage repair.

The area is booming, it's internationalized, much cheaper than Florida, higher yields, lower interest rates, less short-term regulations.

We would love to buy a property in Boca Raton, I know there are strict regulations when it comes to STR, does anyone have experience with it? 

They have wants and desires, and presumably among those wants and desires is: not crushing the dreams of home buyers, getting additional business from lenders and sellers, doing the right thing in the face of ridiculous government regulation, etc.Perhaps you are able to complete your job with zero emotion (unlikely, even though you may think you do), but most of the rest of the world can't, even if they might want to.As a smart investor and business-person, I take advantage of this when possible.

Sale Price compared to List Price has quickly regulated up to no noticeable difference between what a property is listed for and eventually selling for on average.