Tag Archives: “jeff sorg”

Risk Management, Part 4: The Fiduciary Duty of Loyalty

As a fiduciary, a licensee is held to the highest amount of good faith By Jeff Sorg, OnlineEd Blog (December 16, 2015) –  A major cause of  liability for real estate licensees relates to agency representation and a licensee’s breach of their fiduciary duties. It is often the failure of the licensee to understand the duties […]

“Price This Home” Lets Sellers Create Their Own Custom Value Estimates

Sellers select for-sale and recently sold homes that best match theirs to arrive at the customized value estimate By Jeff Sorg, OnlineEd Blog (December 15, 2015) – Zillow® has announced its release of Price This Home, a new tool that enables home sellers to create a custom, value estimate for their home based on comparable home sales […]

Coaching Tips 5: Navigating Multiple Offers (Part 1)

To imply that multiple offers exist, when no such offers do exist, is a violation of professional ethics and the law By Jeff Sorg, OnlineEd Blog (December 2, 2015) – When faced with multiple offers, the real estate brokers involved must be sensitive to the needs and direction of their client, whether the buyer or seller, as well […]

Zillow: Lack of Affordable Options Will Drive First-Time Buyers Out to the Suburbs in 2016

Growth in home values will outpace incomes, especially for low-income Americans By Jeff Sorg, OnlineEd Blog (November 30, 2015) – Zillow is predicting that continued deteriorating housing affordability will drive 2016 housing trends. Among those predictions, a lack of affordable homes near city centers will push new and first-time homebuyers to suburbs that feel like walkable, […]

Existing Home Sales to Finish Year at a Pace of 5.30 Million – the Highest Since 2006

Unless sizeable supply gains occur for new and existing homes, prices and rents will continue to exceed wages By Jeff Sorg, OnlineEd Blog (December 1, 2015) – Lawrence Yun, chief economist for National Association of REALTORS®, buyers struggling to overcome a scant number of available homes for sale and prices that are rising too fast in some […]

OnlineEd Announces FREE 3-hour Course Explaining the New Oregon 2016 Residential Sale Agreement

Jeff SorgJeff Sorg, an Oregon licensed Principal Broker, is a co-founder of OnlineEd®, a Web-based vocational school founded in 1997 where he also serves as Corporate Secretary, Chief Operating Officer, and School Director. Sorg holds vocational instructor licenses for real estate education in Oregon, Washington, California, Flordia, and Nevada and has authored numerous pre-licensing and […]

The Top 4 Questions Asked About NMLS License Renewal Education

OnlineEd® to credit bank NMLS course completions on the same or next business day of your course completion By Jeff Sorg, OnlineEd Blog (November 6, 2015) – At OnlineEd, the annual NMLS license renewal season is well underway! It’s a pretty easy task for a MLO to renew a license, but if you have any questions just let us […]

Condo Appreciation Outpaces Single-Family Homes

Limited inventory of  homes, popularity of urban life cause runaway condo appreciation By Jeff Sorg, OnlineEd Blog (October 27, 2015) –   Condos are appreciating at a rate of 5.1 percent, compared to the 3.7 percent appreciation among single-family homes. Condos are appreciating faster than single-family homes where job markets are thriving or urban renewal is underway, […]

Top 5 Blog Posts for Week Ending October 17, 2015

 Scary Low Prices on NMLS CE From OnlineEd! Save 30% on NMLS Continuing Education through Halloween. View this 9 second video to find your discount code. Will TRID Delay My Real Estate Closings? The answer is No for just about everybody! Download our free informational poster for display or handout in your real estate office.   Real Estate Brokers Are […]

CFPB Finalizes Rule to Improve Information About Access to Credit in the Mortgage Market

Bureau Takes Steps to Simplify the Reporting Process for Financial Institutions By Jeff Sorg, OnlineEd Blog WASHIGTON, D.C. (October15, 2015) – Today, the Consumer Financial Protection Bureau (CFPB) finalized a rule to improve information reported about the residential mortgage market. The rule will shed more light on consumers’ access to mortgage credit by updating the reporting requirements […]