by AREI | Mar 5, 2024 | Career Development
Oh, the controversy! Google the question and you will find a plethora of opinions. Many originate simply from a defensive attitude designed to limit the brokers liability, without consideration of duties or best practices. This article will offer an alternative...
by AREI | Feb 7, 2024 | Career Development, Current Events
Understanding a Wrap Around Mortgage Historically a “wrap around mortgage” was used to accomplish a lower blended rate on real estate purchases in high interest rate environments. For example, let’s presume a seller has an existing loan at 3% interest for 50% of...
by AREI | Jan 16, 2024 | Career Development
MISREPRESENTATION OR FAILURE TO DISCLOSE A MATERIAL FACT. Colorado license law and Real Estate Commission rules require a licensee to disclose all known material facts. Facts are “material” if knowledge of such fact would affect a buyer’s decision to make an offer, or...
by AREI | Dec 28, 2023 | Career Development
This post is designed to assist licensed real estate brokers in Colorado avoid common mistakes while navigating through a transaction. Assume the judge will be the next person to read your contract Colorado License Law requires you to exercise reasonable skill and...
by AREI | Dec 6, 2023 | Career Development
When applying for an active real estate license, each new Broker Associate must affiliate with a brokerage firm for a minimum of two years prior to upgrading to Independent or Employing Broker. Be encouraged by the fact that nearly all brokerage firms are hiring new...
