zipForm offers free two-factor authentication

Strong passwords aren’t always enough to stop hackers from accessing your online accounts. That’s why many online services now offer two-factor authentication, which requires a step beyond the password to log in.

Now zipForm offers two-factor authentication as a free opt-in feature of zipForm Plus. Here are instructions from zipForm to set it up:

  1. Go to the security area within your profile.
  2. Turn on two-factor authentication by registering your mobile number and/or the email address you want to receive the code required for access to your account.
  3. After opting in, you’ll have 10 minutes to enter the code after logging into your zipForm Plus account. (Login will be denied if someone enters an incorrect code or waits more than 10 minutes to enter it. After three failed login attempts, you’ll receive an email notifying you that someone else may be trying to access your account. If you receive such an email, please change your password and contact support to report potential fraudulent activity.)

You’ll have the option to check a box to “remember this device” to avoid having to enter the code after logging in from that device when using the same browser. The system will, however, prompt you for a code again after a period of 30 days

Brokers: You can turn on two-factor authentication for all users in your brokerage. Every agent will then be prompted to set up the security feature upon login.

If you have any questions about setting up two-factor authentication, contact zipForm at 800-383-9805.

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How many people moved to Texas?

Texas ranked second in the nation for total incoming residents and net migration in 2016, according to the Texas Relocation Report released by the Texas Association of REALTORS®.

At 531,966 new residents for 2016, it was the fourth consecutive year Texas added more than a half million people from out of state. That total is slightly less than the previous year, but net migration was positive at 87,656 because of a drop in the number of people moving out of state.

Texas came in behind Florida and ahead of California for incoming residents but was behind both states in resident outflows for 2016. Residents who left Texas were most likely to move to California, Florida, Oklahoma, Louisiana, or Colorado. About 55% of new Texans came from other U.S. states, with California leading followed by Florida, Oklahoma, Louisiana, and Illinois.

“Despite slowing job and economic growth over the last two years, housing-market and population growth have remained strong and steady throughout the state,” said Kaki Lybbert, 2018 chairman of the Texas Association of REALTORS®. “With more than half a million people moving here each year, it’s evident that the Lone Star State fosters a positive environment for business development and raising a family.”

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Updates to residential and property management forms now online

The Texas Association of REALTORS® residential and property management forms task forces in December proposed updated forms and new forms. After feedback from members like you, the below revised and new forms have been adopted.

These association forms have been revised

  • 1101: Residential Real Estate Listing Agreement, Exclusive Right to Sell
  • 1102: Residential Real Estate Listing Agreement, Exclusive Right to Lease
  • 1201: Farm & Ranch Real Estate Listing Agreement, Exclusive Right to Sell
  • 1406: Seller’s Disclosure Notice
  • 1501: Residential Buyer/Tenant Representation Agreement
  • 1506: General Information and Notice to Buyers and Sellers
  • 1912: Notices Regarding Contingency Under Addendum for Sale of Other Property by Buyer
  • 1935: Seller’s Estimated Net Proceeds
  • 1936: Approximation of Buyer’s Closing Costs
  • 1941: Relocation Addendum
  • 2001: Residential Lease
  • 2003: Residential Lease Application
  • 2004: Pet Agreement
  • 2005: Extension of Residential Lease
  • 2011: Residential Lease for a Multi-Family Property Unit
  • 2201: Residential Leasing and Property Management Agreement

These new association forms have been adopted

  • 1417: Representation Disclosure
  • 1418: Update to Seller’s Disclosure Notice
  • 1945: Notice of Withdrawal of Offer
  • 2013: Bed Bug Addendum
  • 2014: Residential Lease Amendment
  • 2224: Notice of Abandonment
  • 2225: Response to Request for Assistance Animal
  • 2226: General Information for a Landlord Regarding Assistance Animals
  • 2517: Wire Fraud Warning
  • 2518: Information Regarding Windstorm and Hail Insurance for Certain Properties
  • 2519: Information Regarding Property Near International Border

All the forms have a February 1, 2018, revision date; however, you may continue to use the the prior versions of the forms until the updated forms are posted on zipForm. All the forms are now available for download on texasrealestate.com, and you can also see redline versions of the revised forms.

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Brokers and managers: Are you and your agents using these RPR features?

Did you know that the free REALTORS® Property Resource (RPR) app has tools specifically for brokers and managers?

Attend a free webinar hosted by RPR at 10 a.m. on Wednesday, February 14 to learn about the basics of RPR, how your agents can use and benefit from RPR, and an introduction to the Broker Tools for Management feature. Register now.

RPR is available to REALTORS® through membership in NAR and provides dynamic data and reports you can use to attract and retain clients. View a list of upcoming RPR webinars specifically for Texas REALTORS®.

 

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Is she your client, customer, or prospect?

The way you apply the Code of Ethics to your business may depend on whether someone is your client, a customer, or a prospect.

For instance, Article 1 says you should treat all parties honestly, but you must do more for your clients and protect and promote their interests. You must also preserve confidential information for clients in ways that don’t apply to customers. Here are the definitions of client, customer, and prospect as put forth in Standard of Practice 1-2.

Prospect
A buyer, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR® or the REALTOR®’s firm.

Customer
A party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR® or REALTOR®’s firm.

Client
A person or entity with whom a REALTOR® or a REALTOR®’s firm has an agency or legally recognized non-agency relationship.

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Why you should send email on Sunday

Whether you’re busy with showings or taking the day off, your email marketing should be working on Sunday. According to an analysis of 368 million messages by email software firm Yesware, emails sent on Sunday saw the highest number of replies per sent message.

This finding confirms a previous study of 500,000 emails that showed Sunday saw the least amount of inbox competition (i.e., the fewest emails being sent). According to the previous study, open and reply rates are highest during the weekend. In the new study, the lowest ratio of replies to sent messages was on Fridays.

A tool that lets you schedule emails from a personal account, such as Boomerang if you use Gmail, can allow you to grab prospects’ and clients’ attention when there’s the least amount of inbox competition.

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TREC clarifies exceptions to mandatory use of contract forms

In November, the Texas Real Estate Commission adopted changes to Section 537.11 of its rules, Use of Standard Contract Forms, which takes effect May 15. Here’s what the changes mean for you. 

When a license holder is negotiating contracts for the sale, exchange, option, lease, or rental of any interest in real property, he or she must use a mandatory Texas Real Estate Commission form if one is available for the transaction. But there are exceptions, and TREC adopted changes to two of those exceptions:

Forms created by a property owner or an attorney. Previously, a license holder could use other forms in transactions for which a contract form has been prepared by a principal to the transaction or prepared by an attorney and required by a principal to the transaction. The updated rule changes “principal” to “property owner,” which reflects the language in the Real Estate License Act.

Transactions without mandatory TREC forms or addenda. Prior to the rule change, a license holder could use other forms in transactions for which no standard contract form had been promulgated by TREC if the form was prepared by a licensed Texas attorney and approved by the attorney for that kind of transaction. Approximately 50 TAR forms, like the Commercial Contract – Improved Property (TAR 1801) or the Residential Lease (TAR 2001), exist because of this exception. The updated rule requires forms like these to include certain information, such as who prepared the form and any restrictions on its use. All TAR forms that exist under this exception already contain the required information.

An addendum that changes the rights, obligations, or remedies of a party under a mandatory TREC contract or addendum form must include additional information. TAR offers one such form, the Relocation Addendum (TAR 1941). This form will be updated to include the newly required information.

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