How far does an agent's fiduciary duty extend when both the buyer's and seller's rep are licensed under the same broker? NAR's Legal Affairs staff summarizes a California court's decision on the topic.
At President Obama’s request, Congress has appropriated more than $10 billion for the construction of new intercity rail lines. Economic studies suggest that these new trains could increase real estate values. California is the most likely state to receive federal funds, to help complete a high-speed rail corridor linking Sacramento to San Diego. Florida may receive funds for a route linking Tam.pa and Orlando. Texas, Virginia, Wisconsin, North Carolina, and Ohio are other possible grantees.
Responding to Americans’ changing preferences, developers are helping transform the way cities grow with projects huddled near transit hubs. Such projects are increasingly popular, and are likely to become more so as concerns about climate change and gas prices continue to rise. They also have drawn support from the federal government. But in many ways they can be more challenging than traditional developments on virgin land.
If you are looking for a way to quickly feel “part of the CIPS family,” here are some resources for you.
Did you know that through the CIPS designation, you have access to a whole cache of personal marketing materials to spread the word that you are a global agent? The work has already been done, all you need to do is customize with your contact information and distribute through your marketing/advertising channels!
Read about the new tools for CIPS designees.