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The lawsuit, Burnett v. NAR, concluded that the NAR and certain brokerages were liable for inflating buyer agent commission fees, particularly through the practice of advertising commissions to buyer agents via Multiple Listing Services (MLS). Critics argue this practice could influence agent priorities.
Failing to Communicate with Clients The biggest mistake a real estate agent can make, regardless of tenure in the industry, is not properly communicating with their clients.
Why are the rules created by the Arizona Real Estate Commissioner enforceable? The rules created by the Arizona real estate commissioner are enforceable because of the enabling acts bestowed upon him or her by the legislative body and the governor of the state.
Meseck, the most common complaints involve: Septic systems. Solar leases. Failure to disclose and Seller's Property Disclosures. Water rights. Miscommunication. Agent-owned property and additional supervision. Multiple offers. Unpermitted work.
The most common way to sell any property during probate is through a real estate agent. It's not only the easiest way to go about it, but it takes one more thing off the to-do list of the executor or the estate's administrator.
When you're ready to petition for informal probate, you'll need to submit the following documents to the county probate court: Probate information cover sheet. Informal checklist. Application for appointment (signed and notarized, original plus copy) Original last will and testament.
Probate procedures can be complex and time-consuming, but there are ways to avoid or bypass this process for certain assets in Arizona. Properties such as those held in a living trust are exempt from probate. Similarly, community property and jointly-held property with a right of survivorship do not require probate.
With or without a will, the transfer of property after death requires going to probate court. However, this can be bypassed entirely if the deceased has a valid trust in effect.
Selling a probate property may necessitate court permission, and fees—such as court, attorney, and executor fees—must be considered to ensure a fair financial outcome. Collaborating with a proficient real estate agent, well-acquainted with Arizona's probate laws, is key to ensuring a successful sale.
Phoenix boasts a thriving economy and a diverse population, making it an attractive market for real estate investors. With steady job growth and a growing population, there is a consistent demand for rental properties, whether it be long-term leases, medium-term rentals, or short-term rentals.