A major shift in the real estate industry has resulted from a class-action lawsuit against realtors. Previously, sellers were required to offer a buyer’s commission when listing a property in the Multiple Listing Service (MLS). This requirement often increased transaction costs for sellers. However, the recent settlement has changed that dynamic. Sellers now have the…

Flipping houses—buying distressed properties, renovating them, and reselling for a profit—can be a lucrative real estate investment strategy. But market conditions play a major role in determining success. Now may not be the most favorable time for flipping homes, especially in major Texas markets like Houston, Austin, Dallas-Fort Worth, and San Antonio. Here’s why. High…

As part of ongoing efforts to promote transparency and consumer understanding in Texas real estate, there are proposed changes to the Information About Brokerage Services (IABS) form—an essential disclosure document required by the Texas Real Estate Commission (TREC). These updates are particularly significant in light of recent legal developments affecting how brokers and agents communicate…

Real estate investors looking to build wealth and avoid immediate tax liabilities often explore the benefits of a 1031 exchange. Named after Section 1031 of the Internal Revenue Code, this powerful strategy allows investors to defer capital gains taxes when selling and reinvesting in another income-producing property. Here’s how it works and why it’s such…

When negotiating residential real estate contracts in Texas, it’s important to understand the timelines and deadlines involved in real estate contracts—especially if you’re using the standard TREC (Texas Real Estate Commission) One to Four Family Residential Contract. There can be some confusion on how to properly count days in the contract. This article will discuss…