November 10, 2016
Q.: I would like to market to first-time homebuyers in New York, put them through a nonprofit loan program of which my company is not affiliated and eventually hand them off to a Realtor in New York. My company operates in Nevada and is licensed in real estate. We would collect a referral fee for providing ready-to-purchase homebuyers. Is my company able to market in New York without a state license? A: As straightforward as the question may seem, unfortunately, the answer is not. The question brings up fond (not!) memories of law school exams, where we were tested on a concept called “jurisdiction.” Jurisdiction involved questions like, “Is it fair for a particular court to hear this case?” And, “Is this state the appropriate place for the plaintiff to sue?” The answer depended on a number of factors, including whether there was a minimum level of contacts with a particular state or court that made it fair for it to hear the case (as opposed to a different location). Same thing happens with taxes.…
Continue ReadingListen to the Episode Below: It’s been said that “if you don’t stand for something, you’ll fall for anything.” Where does your business take a stand? And why does it matter to business growth? …
Read MoreIn today’s turbulent economy, a slow-paying client can generate more anxiety and frustration for your company than a no-paying client. At least with a no-pay, you know what you need to do (sue) and the…
Read MoreLast week, my rabbi, Frank Tamburello, shared his recipe for honey cake: Put a bunch of ingredients into a bowl. Mix. Pour into a greased pan. Bake. How difficult can it be? I thought. I,…
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