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P O Box 53554, San Jose CA. 95153

Terms & Conditions

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Terms and Conditions

Legal Disclaimer Pacific Magellan Funding Capital Real Estate

Licensing & Regulatory Compliance

Pacific Magellan Funding Capital Real Estate is a licensed real estate Broker by the state of California (CA DRE: 01377606) and mortgage broker operating under the laws and regulations of the applicable state(s) and federal agencies. We are not a Direct Lender or Underwriter but connects Buyers and Sellers together. All mortgage products are offered through approved third-party lenders. Licensing information, including (NMLS ID:1885607), is available upon request or on our website.

Loan Terms & Approvals

All loan approvals are subject to underwriting guidelines, verification of documentation, and final lender review. Pre-qualification or pre-approval does not guarantee loan approval or funding. Rates, terms, and conditions are subject to change without notice and may vary based on borrower qualifications, property type, and market conditions.

No Financial or Legal Advice

The information provided on this website, in marketing materials, or during consultations, is for general informational purposes only and does not constitute financial, legal, or tax advice. Clients should consult with licensed professionals for advice tailored to their specific circumstances.

Website Use & Content Accuracy

While we strive to ensure the accuracy of the information presented, Pacific Magellan Funding Capital Real Estate LLC, makes no warranties or representations regarding the completeness, reliability, or timeliness of any content. All information is subject to change and may be updated without prior notice.

Third-Party Links & Services

Our website may contain links to third-party websites or services. These are provided for convenience only. We do not endorse or assume responsibility for the content, privacy policies, or practices of any third-party entity.

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Intellectual Property

All content, including text, graphics, logos, and images, is the property of [Your Company Name] or its licensors and is protected by copyright and trademark laws. Unauthorized use, reproduction, or distribution is strictly prohibited.

Limitation of Liability

Pacific Magellan Funding Capital Real Estate shall not be liable for any direct, indirect, incidental, or consequential damage arising from the use of our services, website, or reliance on any information provided.

Equal Housing Opportunity

We are committed to the principles of Equal Housing Opportunity and comply with all applicable fair housing laws. We do not discriminate based on race, color, religion, national origin, sex, familial status, disability, or any other protected class.

Conditions:

California’s real estate commission laws are undergoing a seismic shift starting in 2025, largely in response to the Sitzer-Burnett litigation and broader national scrutiny of commission structures. Here’s a strategic breakdown of the new legislation:

AB 2992 – Real Estate Commission Reform (Effective Jan 1, 2025)

Buyer-Broker Agreements Now Mandatory

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What’s new: Agents must have a signed agreement with buyers before showing properties.

Purpose: Increases transparency around compensation and fiduciary duties.

Impact: Ends informal arrangements; brokers must clearly outline services and fees upfront.

Commission Disclosure Requirements
  • Listing agents must disclose
  • Whether buyer agents will be compensated.
  • The amount or method of calculating that compensation.
  • Buyer agents must disclose
  • Their expected compensation.
  • Whether the buyer is responsible for paying it.

No More Blanket Offers of Compensation via MLS

Change: MLS platforms can no longer automatically offer compensation to buyer agents. Result: Negotiation of buyer agent fees becomes a direct conversation between parties.
Decoupling Commission for Sale Price
  • Goal: Prevent inflated home prices due to bundled commission structures.
  • Effect: Commissions must be negotiated independently, not baked into listing price.
Enhanced Consumer Protections
  • Buyers must receive a Commission Disclosure Form outlining:
  • Who pays whom.
  • How much.
  • When.
  • Designed to prevent confusion and reduce litigation risk.
Strategic Implications for Brokers & Teams
  • Training: Agents need updated scripts and compliance workflows.
  • Marketing: Clear value propositions will be critical, especially for buyers agents.
  • Contracts: Brokerages must revise templates to reflect new disclosure and agreement rules.
  • Technology: MLS systems and CRM platforms must adapt to support these changes.