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CALIFORNIA REAL ESTATE PRINCIPLES 17TH The 17th edition of California Real Estate Principles by Walt Huber addresses some of the biggest changes in the real estate industry in years. Our last edition dealt with the new bias and fair housing education requirements mandated by state law, and this edition covers equally important new information As a result of a NAR antitrust lawsuit, much has changed in terms of the buyer broker relationship. Although California has always allowed negotiation in regard to commissions, the new policy eliminates the common practice of publishing the commission split in the MLS that a seller's broker will pay to the broker who finds a buyer for the property. Real estate practitioners are scrambling to figure out how to abide by new rules, and we do our best to simplify the process for our readers. We have included the main eight forms used in the CAR Listing Agreement bundle and the nine forms used in the CAR Purchase Agreement bundle. In Chapter Four you'll find the newly created Buyer Compensation Advisory (BCA) and a new section on Buyers Agency, including the updated Buyer Representation and Broker Compensation Agreement (BRBC). SAVE! SAVE! SAVE! 30% DISCOUNT for BINDER READY, Shrink-Wrapped Text Same Great Quality as Bound Text. NO REFUNDS - NO RETURNS ISBN 978-16-2684-225-0 REDSHELF eISBN 978-16-2684-226-7

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NEW REAL ESTATE UPDATES DRE Bulletins from the Commissioner Keep Brokers/Agents Aware of the Latest Law Changes.

ALTERNATIVES TO WIRE TRANSFERS - CHP. 5 PAGE 140 "COMING SOON" ADVERTISING PROBLEMS - CHP. 4, PAGE 103 BROKER OFFICE SURVEY - CHP. 14, PAGE 430 DISCLOSURE OF REAL ESTATE LICENSE ID NUMBERS - CHP. 4, PAGE 103 DRE AUDITS - CHP. 4 PAGE 93 PETITION PROCESS TO REMOVE LICENSE DISCIPLINE INFORMATION - CHP. 14, PAGE 430 RESTRICTIONS ON "REFERRAL FEES" - CHP 7, PAGE 194 CHANGES TO "COURT DAYS" - CHP 6, PAGES 172-173 NAR CODE OF ETHICS TRAINING CHANGES - CHP 14, PAGE 437 MASTER-PLANNED DEVELOPMENTS - CHP. 12, PAGE 360 BROKER-ASSOCIATE NOTIFICATION REQUIREMENTS - CHP. 4, PAGE 95 FIRST POINT OF CONTACT ADVERTISING RULES - CHP. 4, PAGE 85 CONSUMER PROTECTION IN AGE OF TECHNOLOGY - CHP. 4, PAGE 103 TEAM NAMES - CHP. 14, PAGE 427 GHOST BROKERS - CHP. 4, PAGE 70

Topics the DRE Expects You to Learn from This Book:

EXAMINATION SUBJECT AREAS Property Ownership and Land Use Controls and Regulations Laws of Agency and Fiduciary Duties Property Valuation and Financial Analysis Financing Transfer of Property Practice of Real Estate and Mandated Disclosures (Includes Specialty Areas) Contracts SALESPERSON 15% 17% 14% 9% 8% 25% 12% BROKER 15% 17% 14% 9% 8% 25% 12%

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