To: All PalmerHouse:
License Law Amended on Referral Notifications….
The 2011 Georgia General Assembly passed legislation to amend Georgia’s Real Estate License Law regarding the disclosure of referrals and other fees. The law was amended to remove the requirement that an estimate of the referral fee had to be given. This change was made in consideration of the difficulty of making an accurate estimate before a transaction has been completed. Continue reading
Commonly Missed Tax Deductions for Real Estate Agents
Now is the time of year when we all want to find ways to keep as much money in our pockets as possible come April 15th. For Real Estate Agents, tax time comes with many of opportunities to save, but only if you know which deductions to take. With that in mind, here are some commonly missed tax deductions every agent should look for when they file this year: Continue reading
Dear Potential Homebuyer:
The City of Atlanta has a special Down Payment Assistance (DPA) Program for City of Atlanta and Fulton County municipal and public school employees. This special funding will permanently end on April 15, 2012. It gives special down payment assistance of up to 30% ($30,000) of the sales price of any home in the City of Atlanta. Although we will have other DPA programs after April 15th, the amount will drop down between $10,000 and $20,000. Continue reading
Banks Pay Homeowners to Avoid Foreclosures
By Prashant Gopal – Feb 7, 2012
Banks, accelerating efforts to move troubled mortgages off their books, are offering as much as $35,000 or more in cash to delinquent homeowners to sell their properties for less than they owe. Continue reading
To: All PalmerHouse Agents and Realtors®
As expected, some brokers and agents in the marketplace are resisting the new RE forms. That’s not a surprise. No one likes change. That said, the new RE forms, while they have some glitches (and they will be improved very soon) are perfectly fine forms. Moreover, they CAN NOT BE LEGALLY REFUSED. Some of our agents have been falsely told that Fannie Mae, HUD, and some Banks/REO Sellers will not accept the forms. That is not true. These agents and brokers are breaking GREC Rules, License Law and BRRETA by not presenting all offers at once. Continue reading
To: All PalmerHouse
PalmerHouse Properties will be the featured company at the February Real Estate Connections ATL Meeting next
Thursday, Feb. 2nd. *******FREE Admission for PHP agents!********* Continue reading
To: All PalmerHouse
I’m sure all of you received yesterday’s FMLS notice (copied below) announcing that FMLS and GAMLS will be providing a new FREE forms package that is in development by Morris, Hardwick and Shneider. This FMLS/GAMLS forms package will be an alternate forms offering to GAR forms, which will – in 2012 – cost non-Realtors $199 for an annual use agreement.
As an update:
• While the list of forms in the FMLS note below may seem like a minimal package to start with, be assured that FMLS and GAMLS will be working hard to supplement the package as the weeks pass. For instance, I anticipate that a lease agreement will be added within 2 weeks. And again, I anticipate that these forms will eventually become superior to GAR forms.
• GAR has announced that non-realtors CAN USE the 2011 forms until January 31, 2011. They will still be on FMLS at no charge and may still be used for 2012 transactions initiated on or before 1/31/2012.
• 2011 forms, after Jan. 31st 2012 may not be used by non-realtors.
• For 2012, after Jan. 31st, GAR has re-affirmed that if one of the agents in a transaction is a non-Realtor, then the Realtor can provide forms, if both wish to use them. Again, it’s OK for a non-realtor to ask a realtor to provide forms if they are cooperating on a deal. That’s not to say that the Realtor will agree or comply. Continue reading
December 12, 2012 | posted by: Tom Ellicott
PalmerHouse is pleased to announce that Ann Boggs & Associates will be affiliating with PalmerHouse Properties.
We are thrilled to have Ann Boggs, the Staff and all 28 Agents join the PalmerHouse family. Continue reading
To: All PalmerHouse
Some of you may have noticed that the GA legislature has imposed a new regulation for agent’s seeking license renewal.
From January 1st onward, renewing agents will now have to provide the Commission with a valid ID and a notarized affidavit Continue reading
To: All PalmerHouse
From time to time, we think it’s important to remind agents of the GREC and PHP advertising guidelines.
#1. All adverting must be approved by the broker. That means print ads, web ads, web sites, etc. If it’s advertising a property or you, the agent, simply send us a PDF or a link for final approval. Continue reading
