by Steven Kitnick | Dec 2, 2017 | Broker Management, Nevada Real Estate Law, Opening a Brokerage, Real Estate Office Management, Risk Management
I was recently asked whether I was aware of any legal authority that required a real estate broker to have a “hard copy” of NRS 645 and/or NAC 645, along with any other pertinent and relevant NRS / NAC chapters in their real estate office. I contacted Mr....
by Steven Kitnick | Sep 23, 2017 | Lead Generation, Nevada Real Estate Law, Real Estate Office Management
According to Nevada Real Estate Division Chief Compliance/Audit Investigator Jan Holle, “As long as payment is not contingent on the referral closing a transaction, then it would be okay. Agents pay for leads all the time… Zillow, etc.” Note: Paying...
by Steven Kitnick | Aug 31, 2017 | Duties Owed, Property Management, Real Estate Office Management, Uncategorized
Old habits are hard to break. Education may help. Let’s examine the issue. Some property managers continue to do things the same old way. Uninformed property managers are still requesting and requiring a licensee, who is simply acting as a referring agent, to...
by Steven Kitnick | Aug 7, 2017 | Business Broker, Licensing, Opening a Brokerage, Property Management
NO! According to colleague Forrest Barbee, “the broker may hire a qualified person who maintains an active property management permit to either act as broker of the property management activities or appoint a qualified person as the designated property manager...
by Steven Kitnick | Jul 21, 2017 | Contracts, FHA, Loan Applications, Mortgage Finance, VA
Let’s examine the Greater Las Vegas Association of REALTORS (“GLVAR”) Residential Purchase Agreement (“RPA”) (Rev. 06/17). On page 1 of 11 paragraph 2: Additional Financial Terms & Contingencies: A. New Loan Application and...
