Diary of a Sacramento Realtor

Identity Theft in Sacramento Real Estate

Identity Theft in Sacramento Real Estate

Identity theft in Sacramento real estate is not something I have given much thought to until recently. It happens to other people but not to me or so I thought. Saturday, I received a few emails from agents out of state in Pennsylvania who said they received offers from me and were they real? I said, please forward it to me. The identity theft imposter was using an email very closely resembling my email, with just a few extra letters. Here the rub, I can only sell real estate in California as I don’t have a license in another state. read more

Is Martin Luther King Day a Realtor Holiday?

Is Martin Luther King Day a Realtor Holiday?

Is Martin Luther King Day a Realtor holiday? This day began like any other day, hustle and bustle. We have a new Carmichael listing coming soon and we were busy getting the agreement signed. There are some legal overlays, so an attorney had to review. Both sellers have to sign it. We should be in MLS on market status by Friday. What a beautiful property, and be sure to read that post in a Coming Soon listing blog promotion. We should have photos next week.

Also, we received an offer on our Oak Park listing on 48th today, so we responded right away with a seller counter offer. Our escrows needed updating as they are in process. With appraisals due next week, we have our handyman getting them ready with smoke detectors and CO2 detectors. read more

Only One Day left before Christmas 2019

Only One Day left before Christmas 2019

With only one day left before Christmas 2019, are you ready? Today was a crazy day. One client signing at the title company and we put a probate listing into escrow with 8 offers. Then in between our real estate duties, we needed to pick up deliveries at the office. Next, a trip to Bed, Bath and Beyond for a few last-minute gifts on Santa’s list. Now the baking marathon begins at 0800 so a trip to the grocery store. Yes, I had my list and I was checking it twice, lol. I also grabbed a few gift cards for those hard to shop for folks. read more

Real Estate Agents Remain Independent Contractors

Real Estate Agents Remain Independent Contractors

Yes, real estate agents remain independent contractors in the 2019 legislation report from the Sacramento Association of Realtors. This is important to the many who want to remain as a business owner and not an employee of a brokerage. Below is a partial excerpt from SAR, Sacramento Association Of Realtors, report.

This new law follows the Dynamex ruling and puts the ABC test that came out of that case into state law by classifying several types of independent contractors as employees. AB 5 allows real estate agents to be treated as independent contractors under the Business & Professions Code section § 10032 as long as they meet three conditions, 1) hold a real estate license; 2) substantially all of their remunerations is directly related to sales or other output rather than to the number of hours worked, and 3) the parties have a written contract stating that the individual will not be treated as an employee with respect to those services. read more

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