Blog Archives

When does a person become your real estate agent?

Specific laws and duties govern the relationship between a person looking to buy or sell real property and their real estate agent/broker.  Only an agent can act on behalf of the party to negotiate the contract for the purchase or sale of the property.  Of course, lawyers can do this too as long as they do not charge a commission but instead bill hourly.  The person who engages the broker to act on their behalf is called the “principal”, while the actor is called the “agent.” An agency relationship forms when the principal authorizes the agent to act on their behalf.  An agency can only form when there is evidence (like a written contract) that the principal intended to designate the actor as his agent.

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Posted in Brokers, Real Estate, Real Estate Agent

Mortgage Brokers and Real Estate Brokers – One Set of Laws

According to the California Department of Real Estate, a mortgage broker is a real estate broker and performs loan-related services under the real estate broker license.   “California does not issue a “mortgage broker” license. A majority of those engaged in  mortgage loan brokering do so with a real estate broker  license. To the surprise of some, the  license that allows the listing and sale of real property (the traditional activities associated  with a real estate broker license) is the same license that allows the solicitation of borrowers  or lenders, the negotiation of loans secured by real property. . . . [and] . . . . As a licensed real estate broker, you may engage in mortgage brokering without any additional license. A real estate broker

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Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Super Lawyers

Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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Avvo Clients’ Choice Award Recipient

Zachary Schorr Avvo Client's Choice Award