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Hello this is Kevin Scanlon with all city real estate I'm here today to talk about the upcoming trek mandate regarding advertising rules as you may have heard there's been a lot of discussion about these rules and they go hard and mandatory on May 15th which as a compliance and contracts nerd I love because that's my birthday so this is like an early birthday present for me getting to talk to you about these issues as you probably know here at All City we're big believers in a collaborative agent world where brokers and agents share information where information and knowledge can cross over broker boundaries so that we're all the best agents that we can be and we're all fiduciaries to our clients at the highest possible level so let's quickly go over the big points of these new trek rules so first of all if you are an individual agent and your marketing platform is suzie smith and i'm with ABC realtors and that's how you advertise things making sure that your broker name is the proper size which is 50% of the largest contact information on any consumer facing advertising you're in great shape however if you have a team or a group the new rules which are about to go mandatory on May 15th stipulate this as they are currently outlined first of all you may not in your group or team name include the words realty company or associates you may include the terms real estate or properties only if that team name if for instance the the team name was ace Property Group or ace property team if and only if the last word of that name of that team or group is the word team or the word group okay spoke with the trek attorney just the other day and said what about team ace nope can't do it the word team or the word group has to be at the end of that of that of that particular entity so if your team name is something other than your own personal name if it involves the word team or group you can include real estate group or Property Group you cannot include Realty Group the ace and associates team or ace and company group can't do it okay now you may have heard that a few weeks ago the Texas real estate commission at their latest meeting undertook a topic of conversation whereby it is being considered that they are going to pull that as of now plan to be prohibited word Realty out of the prohibited group of words and allow that to be a viable and allowable team name that is under consideration but as of right this moment it is currently on the list of words that are to be prohibited come May 15th all right so I'm gonna send out a video as soon as I hear whether or not that topic of consideration either.

FAQ

How likely is it for me to win a lawsuit where a seller wants to back out of a signed commercial real estate offer/contract?
Obligatory legalese: I’m not a lawyer and you should consult one for legal advice.Generally speaking, if you have performed as specified in the contract, including putting in deposit, removing any applicable contingencies, and informing seller of your intent to close, then I think you have a pretty good case.However, in practical terms, it’s not clear if you should go to court. Lawyers are expensive and, depending on the contract and the state you’re in, you may not be able to get back your expenses, even if you win. And any case, even a winning one, is going to take a long time to complete, is it really worth your time and aggravation?
Do un-contracted workers have to fill out IRS W4 form?
I have no idea what an “un-contracted worker” is. I am not familiar with that term.Employees working in the U.S. complete a Form W-4.Independent contractors in the U.S. do not. Instead, they usually complete a Form W-9.If unclear on the difference between an employee or an independent contractor, see Independent Contractor Self Employed or Employee
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