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28 August 2015 | 4 replies
Grounds for denial of issuance of license or for disciplinary action(A) In addition to Section 40-1-110, the commission may deny issuance of a license to an applicant or may take disciplinary action against a licensee who:(1) makes a substantial misrepresentation involving a real estate transaction;(2) makes false promises of a character likely to influence, persuade, or induce;(3) pursues a continued and flagrant course of misrepresentation or makes false and misleading promises through associated licensees or through any medium of advertising or otherwise;(4) in the practice of real estate demonstrates bad faith, dishonesty, untrustworthiness, or incompetency in a manner as to endanger the interest of the public;(5) represents or attempts to represent a real estate broker other than his broker-in-charge or property manager-in-charge without the express knowledge and written consent of the employing broker-in-charge or property manager-in-charge;(6) guarantees or authorizes and permits any associated licensee to guarantee future profits from the resale of real estate;(7) makes a dual set of contracts, written or otherwise, by stating a sales price higher than the actual sales price in an effort to obtain a larger loan from a lender or lending institution or for the purpose of misinforming a governmental agency or any other reason;(8) is convicted of violating the federal and state fair housing laws, forgery, embezzlement, breach of trust, larceny, obtaining money or property under false pretense, extortion, fraud, conspiracy to defraud, or has been convicted of a violent crime as defined in Section 16-1-60, has been convicted during the previous five years of a felony directly related to the practice of the profession, or has been convicted during the previous seven years of a felony, an essential element of which is dishonesty, reasonably related to the practice of the profession, or pleading guilty or nolo contendere to any such offense in a court of competent jurisdiction of this State, any other state, or any federal court;(9) fails to report to the department in writing by certified mail, within ten days, notice of conviction of a crime provided for in item (8);(10) fails, within a reasonable time, to account for or to remit any monies coming into his possession which belong to others;(11) pays a commission or compensation to an unlicensed individual for activities requiring a license under this chapter.
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28 August 2015 | 7 replies
@Jamon StantonIt's at 6:30 on the 2nd Tuesday every month at Holiday Inn Express on Siegen.
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1 September 2015 | 7 replies
The tenant in the occupied side has expressed interest in moving out if the house is sold.
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14 September 2015 | 6 replies
Here is the best use of an AU account: American Express backdating.American Express allows you to become an AU on a "cardmember's" account, becoming a "cardmember" yourself, with a "cardmember date" of whenever the primary account holder got the card.
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6 September 2015 | 3 replies
Please express any further thoughts!
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6 September 2015 | 6 replies
I really can't express how large the inventory is and now that the rainy season is over, flipping homes in Central Florida is arguably the best place work outdoors in the fall/winter.
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4 September 2015 | 1 reply
Because of my integrity, I still maintain good relationships with a few people in the industry, and, as a result, I get a lot of great deals (mostly large multi-family), but I'm not in the position financially or structurally to do much with these opportunities.Questions:Given my previously expressed circumstances, I'd love to get some insight and suggestions from more established investors and real estate professionals, who are having success in the industry.
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4 September 2015 | 1 reply
For anyone looking at programs for obtaining your RE license in Texas, Real Estate Express is having a deal on Groupon right now. .
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5 September 2015 | 5 replies
Keep your exit strategy in mind always.Have these sellers expressed any real motivation to sell?