More on Pocket Listings
For those who ‘specialize in the off-market space’, here’s a new excuse to justify your unethical and probably illegal practices: “some buyers don’t want photos of the home they’re purchasing on the...
View ArticleRisky Off-Market Scenarios
This is how the industry enforces the rules – run an article like this every once in a while that gives tips how to CYA. We do have a form that absolves agents from wrong-doing, which just begs agents...
View ArticleC.A.R. Attorney Gov Hutchinson
Yesterday we heard from Gov Hutchinson, the assistant general counsel for the California Association of Realtors. He travels around the state to inform realtors of the basic changes to forms, and...
View ArticleDRE on Coming Soons
The DRE has finally issued ‘guidance’ on the Coming Soons. Ignored are these facts about agents making off-market deals with no MLS exposure: We see top agents doing it regularly, There is no...
View ArticleListing Agent’s Fiduciary Duty
In hopes of finding some legal clarity on the listing agents who practice the Coming Soons and Sold Before Processings, I came across this example at the DRE website – we see these happen regularly:...
View ArticleNo Code?
The State of California doesn’t have a Code of Ethics….. This article is Part Two of a series arguing for the reinstatement of the Department of Real Estate (DRE)’s code of ethics. If you haven’t...
View ArticleRealtor Class-Action Lawsuit 2
A few readers have sent in articles regarding the class-action lawsuit filed about commissions – an excerpt: A class-action lawsuit is seeking to upend the way homes are listed for sale and the...
View ArticleRedlining in San Diego
The history of housing discrimination is getting a lot of attention these days, and rightfully so. If you, or someone you know, wants to contribute, KPBS is looking for stories: KPBS is doing an...
View ArticleOff-Market Device
An article about Compass agents who used a new off-market service called Aalto to sell a special house. Ethics and fiduciary duties are getting shrugged off, and instead the off-market sale has become...
View ArticleComing-Soon Fines
The home-selling business is known for being the Wild, Wild West. There are a few rules and ethics filed away in a drawer somewhere but there is no enforcement unless you do something really bad, like...
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