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Commercial Health in Phoenix Metro

Commercial Corner

  By Michael  Farrar   The Greater Phoenix office market is on an upswing with vacancies trending lower, rents inching higher and businesses adding more staff.  The market continues to face some challenges; chief among them are vacancy rates that remain among the highest compared to other major metropolitan areas in the country. However, overall… Read more

A Call from the Arizona Attorney General’s Office


By P.R “Randy” Cooney in collaboration with Faith McLoone   As the publisher of the Journal, I frequently receive calls from both local and national organizations with requests to print a story about the launch of a product, a new business development and other related “news” that may be occurring within our industry. Recently, a… Read more

Limitations On Sellers’ Warranties In Real Estate Transactions

The Legal Advisor

By Stephanie Monroe Wilson   I.    INTRODUCTION. The standard Arizona real estate purchase contract contains the following in the warranty section: “Seller warrants that Seller has disclosed to Buyer and Broker(s) all material latent defects and any information concerning the Premises known to Seller, excluding opinions of value, which materially and adversely affect the consideration… Read more

What Does It Take To Be Great In Real Estate?

Publisher's Letter

By: P.R. “Randy” Cooney Publisher, Arizona Journal of Real Estate & Business   After being in real estate for many years, I have seen agents develop their own recipe of day-to-day tactics in an effort to be successful. One of the advantages that I have as a publisher and an instructor at the Arizona School… Read more

What You Need to Know about the Economic Loss Rule (Part 2 of 2)

Laying Down the Law

By Christopher J. Charles, Esq. & David Degnan, Esq.   Prudent real estate professionals should have a general understanding of which real estate related claims are and are not recoverable – not only for themselves, but for their clients’ sake. And just as important, real estate professionals should understand how contracts may impact those claims…. Read more

The Winners Are

Publisher's Letter

By P.R. “Randy” Cooney Publisher, Arizona Journal of Real Estate & Business   In preparation for an upcoming seminar on selling listings, I recently posted on Facebook a unique request. I asked that real estate agents share a “going-the-extra-mile” type story in order to procure the sale of a listing. I offered $100 gift certificate… Read more

Are Appraisers Reporters or Creators? How Agents Can Prepare For an Appraisal


By Robert Oglesby   The valuation process to most people outside of the appraisal world is somewhat puzzling.  Often times, a real estate agent will hand an appraiser a Competitive Market Analysis (CMA) and indicate “this is how I came up with my price.” The process is much more intricate than that. The valuation process… Read more

Condominium Sales – What Buyers and Listing Agents Must Know to Be Successful

General Real Estate

By Victor Butschek   Condominium sales have become very prominent over the years in the Phoenix area, but they present a set of circumstances that are unique. Are you “up” on the current requirements? Basic Facts A condominium, by definition, gives ownership of the interior space of the dwelling….described as “from paint to paint.” If… Read more

How Do We Fix Our Broken System for Low Income People?

General Real Estate

 By Flynann Janisse   As the rental market continues to find its post-recession footing, it’s clear that many of the issues that existed in affordable markets prior to 2008 are still present today. Often times while speaking at industry forums, I highlight that the system in place for keeping low-income individuals and families in homes… Read more

Assignments of Buyer’s Rights Under Purchase Agreements

The Legal Advisor

By Michael T. Denious Often in the course of a real estate transaction, the named buyer under the purchase agreement will seek to assign its rights as buyer to another party, referred to as the assignee. In connection with such assignment, the assignor/buyer transfers any and all rights as buyer under the subject purchase agreement… Read more

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