Common misconceptions about NAR’s Code of Ethics can lead to unnecessary disputes with fellow practitioners.

According to NAR’s 2007 Legal Scan, agency issues remain a perennial worry for real estate brokers, especially:

• Breach of fiduciary duty
  • Pitfall: Believing that the end justifies the means to close the deal

• Dual agency
  • Pitfall: Focusing on whomever hired you first

• Agency...

Rochelle Stone and John Mangham of Starker Services Inc. in Los Gatos, Calif., share these tips on how to avoid common legal mistakes in 1031 exchanges.

If you have clients facing a potential foreclosure, help them help themselves by assembling the following, as suggested by the Federal Housing Administration.