NAR Weekly Newsletter

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Affordable Care Act and Small Employers

State law compliance delayed and real estate sales agent’s non-employee status confirmed Two recent events may have an impact on REALTORS® and their options and obligations under the Patient Protection and Affordable Care Act (ACA) and its implementation under California laws governing health insurance. First, the Treasury Department has issued regulations clarifying that real estate sales agents are not treated as employees for purposes of the ACA.  Accordingly many, if not most, real estate brokerage offices may never reach the number of employees to trigger employer obligations under the... Read more »

CalBRE Citation Regulations Finalized

The Bureau can issue citations to both licensees and non-licensees Effective July 1, 2014, the Bureau of Real Estate under Commissioner’s regulation 2907 has finalized its authority to issue citations pursuant to Business and Professions Code Section 10080.9.  CalBRE states that its citation authority will be used for relatively minor and technical violations that do not involve fraud, dishonesty, or loss or injury to a consumer.  Examples of such violations are failure to inform CalBRE of a change of address, failure to disclose a license number on first point of contact advertising, failure... Read more »

One Cool Thing

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REALTOR® Education Can Set You Apart

Doctors. Teachers. Attorneys. Professionals in a wide variety of fields regularly participate in continuing education to improve their skills and better serve their clients. REALTORS® are certainly no exception. And in today’s competitive climate, continuing education is one crucial way to elevate your profile and increase the value you offer your clients. Read on for seven benefits of REALTOR® education. 1. Reduce risk. As any REALTOR® knows, a home is likely the biggest purchase their clients will ever make. As their trusted advisor, make sure you’re offering them the soundest advice... Read more »

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