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Inependent Contractor Resources For Realtors

Posted on by Phil Querin
From the IRS “It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors. Generally, you must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to [...]

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Posted in Legislation - Federal, Legislation - Oregon, Miscellany, Real Estate Laws, Realtor Risk Management, Realtors, Tax Issues | Tagged ,

Oregon Contract Law: Offers, Counteroffers, And Their Withdrawal

Posted on by Phil Querin
Generally. In its most basic sense, the OREF Sale Agreement is an offer to purchase property; it describes the price and terms of sale, the contingencies, the closing process, and the closing date.  Once signed by seller and buyer, the document is delivered to escrow and, in most cases, the [...]

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Posted in Broker Risk Management, Miscellany, Oregon Law, Real Estate General, Real Estate Laws, Realtor Risk Management, Realtors | Tagged , ,

Real Estate Professionals and the Qualified Business Income Rule

Posted on by Phil Querin
On January 18/22, the Treasury Department and the Internal Revenue Service issued their final regulations regarding the new 20 percent deduction on qualified business income created by the 2017 Tax Cuts and Jobs Act. Until the regs were finally published, there had been uncertainty about the [...]

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Posted in Broker Risk Management, Legislation - Federal, Miscellany, Realtor Risk Management, Tax Issues | Tagged , ,

Q-Rant! Ted Wheeler Is Looking Through The Wrong End Of The Telescope!

Posted on by Phil Querin
According to Mayor Wheeler in a recent interview with the Oregonian ("Half the arrests in Portland last year were of homeless people. Mayor Ted Wheeler says that’s a problem"), the fact that the homeless accounted for one-half of the Portland arrests last year, was likely due to "profiling or [...]

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Posted in Q-Rants

Why Oregon Homebuyers Should Shop Their Loans Before Going Under Contract

Posted on by Phil Querin
A few years ago, before the real estate market got crazy hot (and before we changed the OREF Sale Agreement form), it wa not unusual for a buyer to submit their preapproval letter to their seller, go under contract, and then try to find other lenders who might offer better rates or terms. But in [...]

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Posted in Broker Risk Management, Dodd-Frank, Legislation - Federal, Market Conditions, Miscellany, Real Estate General, Real Estate Laws, Realtor Risk Management | Tagged ,

Q-Rant! College Grades: So Much For The Bell Curve….

Posted on by Phil Querin
In a recent Wall Street Journal article, we learn that having exotic Latin honors after your degree isn't quite as rare as it used to be.  The problem isn't the honors bestowed, it's the GPAs handed out like party favors.  And what's more, at the prestigious University of Chicago, they are no [...]

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Posted in Education, Q-Rants | Tagged

Congress Permanently Authorizes the Protecting Tenants at Foreclosure Act

Posted on by Phil Querin
National Low Income Housing Coalition, May 29, 2018.  President Trump signed into law a permanent extension of the “Protecting Tenants at Foreclosure Act” (PTFA) on May 24. The PTFA was included in a larger deregulation bill (S. 2155) passed by the House on May 22. The PTFA, which expired at [...]

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Posted in Foreclosure, Miscellany, News You Can Use, Real Estate/Distressed | Tagged ,

Q-Law Legal Services 2018

Posted on by Phil Querin
The following list of documents and disputes span over four decades of  my real estate legal practice. (See, SuperLawyers link here and personal bio here.) The list was created in minutes - just off the top of my head.  There are probably more lurking around. And the great thing about [...]

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Posted in Miscellany, News You Can Use, Realtor Risk Management

Penance In The Year Of Harvey

Posted on by Phil Querin
Penance: an act of self-abasement, mortification (see mortification) , or devotion performed to show sorrow or repentance for sin. He did charitable work as a penance. See, https://www.merriam-webster.com/dictionary/penance In the year of Harvey Weinstein, #MeToo, and a host of celebs being [...]

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Posted in History, Miscellany

Whistling Past The Graveyard: How Will Blockchain Disrupt The Real Estate Industry – And When?

Posted on by Phil Querin
The word “blockchain” is most frequently conjoined with terms such as “cryptocurrency” or “bitcoin”.  But it is much, much, more. However, for most people, including myself, understanding the inner workings of the blockchain concept is – to me at least ­– mind numbing; something [...]

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Posted in Blockchain, Miscellany, News You Can Use, Real Estate Laws, Realtor Risk Management, Realtors | Tagged
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