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Read the latest news about your association, your profession, and your industry, plus features from Orlando REALTOR® magazine and other essential information. 

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ORRA BrokerWise
Wednesday, April 03, 2013
Independent contractor versus employee »
By Charles S. Bonamer ORRA class instructor, "Brokerage Management" Most real estate brokers associate with salespersons as independent contractors, rather than employees. There are major difference...
Wednesday, April 03, 2013
Section 475.22, Florida Statutes: Brokerage signage requirements »
(1) Each active broker shall maintain an office, which shall consist of at least one enclosed room in a building of stationary construction. Each active broker...
Wednesday, April 03, 2013
COE Case Study: Broker responsibility for associate error »
REALTOR® A, a REALTOR® principal, was asked to list a neglected house that obviously needed a wide range of repairs. He strongly advised the owner...
Wednesday, April 03, 2013
FREC Case Study: Security deposit »
By Joshua Kendrick Florida Department of Business and Professional Regulation In 2008, a licensed real estate broker entered into a property management agreement to act...
Thursday, February 07, 2013
FREC Case Study: Unlicensed real estate corporation »
By Leigh Matchett Florida Department of Business and Professional Regulation In 2008, a licensed real estate broker was registered with the division of corporations as...
Thursday, February 07, 2013
Facilitating joint ventures among associates »
By Charles S. Bonamer ORRA class instructor, "Brokerage Management" Associates within the same office frequently choose to share commissions, and brokers or company management are in...
Thursday, February 07, 2013
COE Case Study: Disclose relationship prior to recommending services »
Case #6-6 REALTOR® Z, a broker and sole proprietor, had invested considerable time, money, and energy into developing her website. Seeking to recoup some of...
Thursday, February 07, 2013
Section 475.278 (2), Florida Statutes: transaction brokerage relationships »
A transaction broker provides a limited form of representation to a buyer, a seller, or both in a real estate transaction but does not represent...
Friday, February 01, 2013
Brokers to be billed February 1 for non-paying agents »
Updated 2/1/2013 Your agents who have not paid their 2013 REALTOR® dues are about to cost you $461 each. Any agent who did not pay 2013 REALTOR®...
Thursday, December 06, 2012
Considerations for closing a brokerage office »
By Charles S. Bonamer ORRA class instructor, "Brokerage Management" One of the most difficult decisions for any brokerage owner or manager is the judgment call...
Thursday, December 06, 2012
Brokers must disclose property contamination »
A Michigan court has considered whether a listing broker had a duty to disclose to buyers that a property had a chemical contamination problem when...
Thursday, December 06, 2012
COE Case Study: Obligation to submit to arbitration »
Article 17, Case 17-1 REALTOR® A and REALTOR® B had been engaged in a cooperative transaction that resulted in a dispute regarding entitlement to compensation....
Thursday, December 06, 2012
Section 475.5015, Florida Statutes: Brokerage business records »
Each broker shall keep and make available to the department such books, accounts, and records as will enable the department to determine whether such broker...
Tuesday, September 25, 2012
Common options for structuring commissions »
Offering a competitive commission is a key to hiring and keeping top performers, but how do you determine which structure is best for both your brokerage...
Tuesday, September 25, 2012
Broker found not liable for agent's alleged fraud »
A California appellate court has considered whether a corporation's designated broker could be personally liable for the actions taken by one of the corporation's salespeople,...
Tuesday, September 25, 2012
A $100 brokerage phone bill can be yours! »
Can you imagine a brokerage-wide monthly phone bill for only $100? For Joe Adkins, chairman of the ORRA Technology Task Force, it's a reality. Joe...
Monday, September 24, 2012
Section 475.22, Florida Statutes: Brokerage signage requirements »
(1) Each active broker shall maintain an office, which shall consist of at least one enclosed room in a building of stationary construction. Each active broker...
Monday, September 24, 2012
COE case study: presentation of subsequent offers »
REALTOR® A, the listing broker, presented an offer to purchase to his client, Seller X, which was $20,000 less than the property’s listed price. The...
Monday, September 24, 2012
Beware the unscrupulous title conveyance »
By Dana Ward Unfortunately, there is no shortage of real estate scams in this challenging market. In greater Orlando alone we have witnessed creative con...
Thursday, August 02, 2012
Market impact of seller-pricing decisions »
The University of Central Florida Dr. P. Phillips School of Real Estate produces appropriately scholarly working papers on a variety of real estate topics. Its...
Thursday, August 02, 2012
ORRA Office Verification forms are now past due »
All brokers should by now have received and returned their ORRA Office Verification forms. If you have not done so already, please examine all the...
Thursday, August 02, 2012
Broker Profile - Sherry McMurtrie »
Get To Know.... Sherry McMurtrie RE/MAX Properties SW, Inc. Professionally I chose a career in real estate because after having my license for 10 years...
Thursday, August 02, 2012
COE case study: acceptance of compensation from buyer and seller »
REALTOR® Code Of Ethics - Case Study Case #7-1: Acceptance of Compensation from Buyer and Seller (Adopted as Case #8-3 May, 1988. Transferred to Article...
Thursday, August 02, 2012
Anonymous advisories notify brokers of minor agent transgressions »
ORRA’s REALTOR® Misconduct Advisory program is an informal means of transmitting — anonymously, from one broker to another — concerns about minor, non-chargeable incidents or...
Wednesday, August 01, 2012
Section 475.215, Florida Statutes: multiple licenses »
Section 475.215 - multiple licenses 1. A licensed broker may be issued upon request additional licenses as a broker, but not as a sales associate or...
Thursday, June 07, 2012
No deal: escrow rules to help ease the pain »
Make sure no one is left holding the case by following FREC's advice for requesting an escrow disbusement order Remember the show "Deal or No...
Thursday, May 31, 2012
COE case study: obligation to recommend legal counsel »
REALTOR® Code Of Ethics - Case Study Case #13-3: REALTOR®’s Obligation to Recommend Counsel When Needed (Reaffirmed Case #17-3 May, 1988. Transferred to Article 13...
Thursday, May 31, 2012
Five tips for improving agent retention »
Retaining your best sales associates may be your most important job. If agents feel your office is stagnant, they may look for a more dynamic...
Tuesday, May 29, 2012
Section 475.255, Florida Statutes: relationship determination »
Section 475.255 - Determination of agency or transactional brokerage relationship Without consideration of the related facts and circumstances, the mere payment or promise to pay...
Tuesday, May 29, 2012
Brokerages may be safe from flat-fee lawsuits »
The U.S. Supreme Court may have slammed the door on consumer lawsuits alleging that the flat fees brokerages charged clients in addition to percentage-based commissions violate...
Wednesday, April 11, 2012
Section 475.278 (1), Florida Statutes: brokerage relationships »
Section 475.278 (1) Brokerage Relationships  (a) Authorized brokerage relationships A real estate licensee in this state may enter into a brokerage relationship as either a transaction broker or...
Wednesday, April 11, 2012
Appraising and the appraisal process »
 By Charles S. Bonamer ORRA class instructor, Brokerage Management Generally accepted appraisal concepts should be comprehended by the residential real estate broker and agent. The...
Friday, March 02, 2012
New FTC rule may apply to the sale of a real estate brokerage »
According to Florida REALTORS®, brokerages or brokers who solicit sales associates may need to comply with the Federal Trade Commission’s Business Opportunity Rule (BOR) that...
Thursday, February 02, 2012
Valuing a real estate brokerage »
By Charles S. Bonamer ORRA class instructor, Brokerage Management There is no single method best applicable to valuing a real estate brokerage. A number of...
Thursday, February 02, 2012
It's quadrennial COE time! »
This is a NAR mandatory third cycle REALTOR® Code of Ethics training year, which means that by December 31, 2012, every REALTOR® (brokers, agents, and even appraisers) must have completed...

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