Superior School of Real Estate – North Carolina Continuing Education, License, Classes – Bill Gallagher

Residential Property Disclosure Form Revised, Effective January 1, 2012

December 9, 2011 Hot Topics

View and download the revised form (Source: NC Real Estate Commission website – ncrec.gov) As mandated by recent legislation, the Real Estate Commission has revised the Residential Property Disclosure Statement to include disclosures about property owners’ associations. The new form is available now and its use will be required on January 1, 2012. Now four [...]

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Test Your Knowledge – Due Diligence Fee

December 9, 2011 Questions & Answers

Question: According to the NCAR/NCBA Offer To Purchase and Contract, when does the seller receive the due diligence fee? Answer: It’s important to remember the due diligence fee is made payable to the seller. The due diligence fee is not given to the seller to deposit until the effective date. Agents can show the seller [...]

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Test Your Knowledge – Working with Real Estate Agents Brochure

November 11, 2011 Hot Topics

(Source: Reprinted from the November 2, 2011 edition of the N.C. REALTOR Report published by The NC Association of REALTORS) QUESTION: A broker in my firm works with our local school board in locating and purchasing properties needed for school operations. The agency relationship started several years ago and has already been renewed several times. [...]

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Test Your Knowledge – Q & A on Referral Fees

November 4, 2011 Hot Topics

(Source: Reprinted from the October 12, 2011 edition of the N.C. REALTOR Report published by The NC Association of REALTORS) QUESTION: A broker in my firm recently referred a seller who owns a property in a different market area to a local firm there to list the seller’s home. My broker orally disclosed to the [...]

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Bill Gallagher on Today’s Financing: Options & Solutions

October 20, 2011 Hot Topics

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Bill Gallagher on Real Estate Investment Fundamentals

October 20, 2011 Hot Topics

Bill Gallagher on Real Estate Investment Fundamentals

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Classic Laugh & Learn Video – Koi Fish Pond

October 10, 2011 Videos

No one makes you LAUGH and LEARN like Bill Gallagher!

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Test Your Knowledge – Q & A on Settlement Date

October 7, 2011 Hot Topics

(Source: Will Martin, NCAR Counsel and Member/Manager of Martin & Gifford, PLLC) QUESTION: In the blank for settlement date, can a REALTOR use the following phrase “no later than 30 days after effective date” instead of an actual date. ANSWER: I don’t think putting a number of days following effective date in the blank is [...]

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