Special Town Hall Meeting

June 13, 2017 9-11 am

Orange Beach Community Center
Orange Beach, Al. 36561

What do we really know?

Knowing the letter of the law is not anyone’s favorite part of selling real estate, but it is arguably one of the most important parts of our job. Though we all work and act in ways that we believe to be appropriate and within the legal guidelines, too often agents are unknowingly breaking laws.

Creatures of habit

We are creatures of habit. We do things a certain way because that’s the way we have always done it. We may not even know why we do things a certain way but we certainly don’t want to change. To change would get us out of our comfort zone.

A Town Hall style meeting

Alabama Real Estate Institute is always trying to provide the best quality information available. We strive to stay abreast of the most current laws affecting the real estate industry and then we pass that knowledge on to our students. This is the reason we decided to have this “town hall” style meeting. Politicians use this type venue to get their message out and to gain support. So I decided to try it.

Attorney General speaks out

The main speaker for our meeting is Mr. Chris Booth. He is an Attorney General, appointed by the Governor of Alabama. He is also the senior counsel for the Alabama Real Estate Commission. I view him as the person that will prosecute us if we violate the state licensing law, and he is the one that will defend us when we’re in the right. Therefore, when he speaks, we should listen. During this meeting we will learn things that are not printed in articles.

Some of the topics discussed

Topics that will be covered in this town hall meeting are listed below; plus questions that you may want answers to.

  • Complaints received by the legal department of the real estate commission
  • What cost should be included in an estimated closing statement
  • Recovery fund verses E & O Insurance
  • Disclosure of caveat emptor and agency at initial contact
  • Power of Code of Ethics compared to the law
  • Property management issues and agent rentals
  • Disclosure of earnest money not collected
  • Real estate signs on non-listed property
  • RECAD and estimated closing statements as they relate to commercial property
  • Receipt of commissions bypassing the broker
  • Concessions and compensation as an inducement to purchase

It cost nothing for you to attend with the exception of your time. Breakfast type food will be provided at not cost to you. We do, however, ask that you RSVP me so I can save you a seat and make sure we have something for you to eat.

Please make sure you thank these sponsors for helping make this meeting possible.

Anchor Title and Excrow

Gold Star Realty

ACOPIA Home Loans

 

 

 

 

                       

 

 

Income–A poor Gauge for Success?

MEASURING YOUR SUCCESS

MEASURING YOUR SUCCESS

Undoubtedly people measure success by many different standards. I have heard people crediting someone for their successful career when in fact; they performed far below average in their field. In reality, I think they were actually giving the individual credit for working the same job for a long period of time or working for the same company for so many years. They were just trying to be as gracious and respectful as possible. They didn’t consider that misusing the word “success” was such a big deal, but to someone who has truthfully performed at an extremely high production level, misusing the word “success” can be very demeaning and offensive. So is success measured by production level, amount of income produced or expertise in job skills; all, neither, or more?

Success simply means an outcome or result; a degree of measure of succeeding; a favorable termination of a venture; and the attainment of wealth, favor or eminence. These definitions come right out of Webster’s Collegiate Dictionary. In order to have success we must first succeed at a particular thing. Thus the real word we need to define is “succeed” which according to Webster means to go up, or follow after. It also means to turn out well, or to attain a desired object or end. [Read more…]

A Formula for Success

What is Your Big Why?

Everybody will listen intently and even take a quick glance at a formula that might produce gigantic sales results. Their curiosity is pricked to examine such a formula to see if there is some type of new majestic technique that will produce unbelievable results with the greatest of ease in a very short period of time. I will share a formula with you that have produced success for many years but it is not magic, it’s not quick, and it isn’t effortless. The important thing about this formula is that it works every time, for everyone who uses it.  And, it doesn’t matter what type business you’re in; it just keeps on working. This formula is a five step process that I will discuss step by step. [Read more…]