I am frequently questioned about productivity coaching, in general how it works, what costs are associated with coaching, and can I guarantee their success. Most state their reason for inquiring as, “My business has stopped growing,” or “I’m in a real slump right now, how can I jump start it?” I would love to give them a two-minute method they …
WHAT ARE YOU DOING TO INCREASE YOUR INCOME?
This is a question everyone should ask themselves every day. For those in sales, especially those whose income in totally commission based, it is essential to address this question many times a day! I am currently a personal coach to many real estate agents, to help them reach their desired financial goals. When they first contact me, inquiring about coaching …
Classroom vs. Online Comparison
Hardly a day goes by that I don’t get a phone call or an email concerning some type of Prelicense class. Alabama License Law requires anyone desiring to get license to sell real estate in Alabama, must take a 60-hour Sales Prelicense course. This course can be taken in a typical classroom setting or it may be taken via the …
Are You in Focus?
I’m no whiz at photography but even I can look through a camera lens and tell if an image is in or out of focus. The reason I can tell is because I am forced into seeing only the image through a tiny lens. One eye is closed and the other is looking into the camera lens. When the image …
TRUST / ESCROW ACCOUNTS
Being entrusted with monetary fund’s belonging to a consumer during the selling process of real estate is a huge responsibility that a broker shouldn’t take lightly. According to the Alabama License Law as found in Statute Section §34-27-36 (a) (8) a. which states, “Failing, within a reasonable time, to properly account for or remit money coming into his or her …
Who Am I Representing?
This article is equally interesting to the consumer that is buying or selling real estate as well as the real estate agent. Alabama License Law Section §34-27-36 (a) (7) states, “Acting for more than one party in a transaction without the knowledge and consent in writing of all parties for whom he or she acts.” There are several ways this …
Flagrant Course of Misrepresentation
Continuing with violations of Alabama License Law that result in disciplinary action, I would like to focus on section §36-27-36 (a) (5) which states, “Pursuing a continued and flagrant course of misrepresentation or the making of false promises through agents or salespersons or any medium of advertising or otherwise.” This violation deals with continuing to violate a statute after learning …
Making False Promises is Against the Law
Continuing our examination of Alabama License Law violations that result in disciplinary action, real estate agents making false promises to people buying or selling real property is very serious. Alabama License Law Section §34-27-36 (a) (4) states; “Making any false promises of a character likely to influence, persuade, or induce any person to enter into any contract or agreement. One …
Things A Buyer Should Know About Agency
According to Statutory Law of the State of Alabama, A real estate broker is a fiduciary and holds a position of trust and confidence. He cannot put himself in a position antagonistic to his principal’s interest, by fraudulent conduct, acting adversely to his client’s interests, or by failing to communicate information he may possess or acquire which is or may …
Material Misrepresentation—A Legal Issue
Alabama License Law Section §34-27-36 (a) (3). Making a material misrepresentation, or failing to disclose to a potential purchase or lessee any latent structural defect or any other defect known to the licensee. Latent structural defects and other defects do not refer to trivial or insignificant defects but refer to those defects that would be a significant factor to a …