Online Articles
NW Valley Commercial Market
August 11, 2014
By Michelle Rider Although we have yet to return to pre-recession activity levels, cities in Phoenix metro are issuing an increasing number of building permits which is a step in the right direction for our commercial economic growth. One of the most exciting developments in the west valley is the Loop 303. On Saturday,… Read more
Many Agents Have No Idea
July 28, 2014
By Barry Lehane Please Note: Barry Lehane, the author of this article, unfortunately passed away a few weeks ago. Barry was one of our industry’s educational icons. Twelve months ago he prepared this article in preparation for the seminar “Write It Right or Lose the Write“. We are having this seminar again this Friday, August 1st at… Read more
Court Awards $140,000 Commission Pursuant to Liquidated Damages Clause
July 21, 2014
By Christopher J. Charles, Esq. Every now and then REALTORS® are faced with a tough decision when their client cancels a listing or a purchase contract. Should REALTORS® extend grace and hope to preserve the relationship with the client or demand payment for their commission? Because listing contracts are drafted by REALTORS® and their… Read more
In Memory of Barry Lehane, Designated Broker
July 21, 2014
Barry “Bear” Lehane, a previous Designated Broker of DPR Realty, passed away on Thursday, July 3rd at the VA Hospital in Phoenix, Arizona at the age of 64. Barry had a long fight against diabetes and kidney disease for more than 15 years. Barry was born in New Haven, Connecticut on October 20, 1949 to… Read more
“Oh Well” When It Comes To Water Quality
July 21, 2014
By Gary Hix Most REALTORS® in Arizona are familiar with the designation Certified Home Inspector. Used in that connotation, the term certified is typically viewed as a form of licensure supported by the state. Today, the well inspection process does not have a state certification from Arizona and is also excluded from the… Read more
Commercial Health in Phoenix Metro
July 21, 2014
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
July 21, 2014
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
July 21, 2014
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?
July 21, 2014
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)
June 16, 2014
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