Online Articles
Laying Down the Law – THREE STRIKES, YOU’RE OUT: SHORT-TERM RENTAL VIOLATIONS ARE GOING TO COUNT
September 30, 2022
Written by Columnists: Christopher J. Charles, Esq. Blake Wilkie, Esq. Arizona’s legislature is making sure the party doesn’t go on too late and doesn’t get too loud. Governor Ducey has signed into law Senate Bill 1168, codified at A.R.S. § 9-500.39, as amended, which grants Arizona cities the right to implement certain restrictions on… Read more
Full Disclosure: What to do when your seller client gets accused of non-disclosure
September 30, 2022
Written by Columnist: Samuel Doncaster When you find out your seller has been accused of non-disclosure, you may be understandably worried. You may find yourself replaying key moments from the transaction in your mind wondering whether you did the right things to protect the client or yourself. You may be worried about complaints (especially… Read more
Greater Phoenix Residential Market
September 30, 2022
Fletcher R. Wilcox Sales Associate Russ Lyon Sotheby’s International Realty 602.648.1230 Fletcher.Wilcox@RussLyon.com Historic Mortgage Rates Purchase Price Drops Rents Hold Steady Arizona Economy Update August Single Family Resale Results: Rents Hold Steady While Purchase Price Drops Unless otherwise mentioned, the following results are for single-family resale homes in Greater Phoenix (Maricopa County). The… Read more
Instructor Highlight: Robb Sikes
September 1, 2022
Robb Sikes MBA AHWD® C2EX® Designated Broker | REALTOR® Armstrong Owen Realty Robb Sikes began his career in finance and accounting. He worked his way up the ladder in the corporate world for 20 years before a coworker helped him realize his passion for teaching. Robb was always passionate about his work, but it… Read more
We Knew it Was Coming – Are You Ready?
September 1, 2022
Laura Mance Long Realty Ah, we’re getting back to the “Pro Market.” What do I mean by that? It’s a real estate market that values and rewards professional REALTORS® Listings that don’t sell simply because they exist. They have to be priced right, put in optimum condition, and marketed effectively. The escrow period will… Read more
One Can Champion Anything!
September 1, 2022
By P.R. ‘Randy’ Cooney Arizona School of Real Estate & Business I started a new position as the National Director of Training for 72SOLD in February. That being said, I am compelled to share with you what I experienced shortly into my new position. I sat and listened to panel of four young men… Read more
A Decade of Change in the Arizona Rental Industry
September 1, 2022
Denise Holliday, ESQ. Hull, Holliday & Holliday PLC Government actions impact every industry. However, the rental housing market in Arizona has been uniquely affected by various statutory and regulatory changes over the last decade, notwithstanding the CARES Act and the seemingly endless moratoriums during the pandemic. In 2010, as the economy was trying to… Read more
Is a Commerical Landlord Responsible?
September 1, 2022
David Allen Partner Jaburg | Wilk Attorneys at Law Does a commercial landlord who legally evicts its retail store tenant become liable for any loss or damage to the tenant’s inventory left behind following the eviction? This was the issue posed to the Arizona appellate court in the recent case of Kim v. Wong…. Read more
Open Houses & Days on Market
September 1, 2022
Shannon Quagliata Open Houses Direct Can Coming Soon Open Houses Help Sell a Home By Reducing Accumulating Days on Market? Yes They Can. Open Houses have had nothing but a bad reputation, yet have been used to sell homes for over 100 years. “They aren’t safe for the REALTOR®. They don’t sell homes. They… Read more
Laying Down the Law: Tax Strategies for Short-Term Rentals
September 1, 2022
Written by Columnist: Christopher J. Charles, Esq. In many cases, a simple business decision concerning the corporate structure of the holding company for a rental property can result in substantial tax savings for the owner. Most investors understand the benefits of owning rental properties in a single asset entity such as a limited liability… Read more