Re: LAZYMAN`S WAY TO WEALTH - Posted by Bill Gatten
Posted by Bill Gatten on December 12, 1998 at 18:01:16:
No offense (honestly), but…
In most regions I know it’s against R.E. Commissioner and RE Board Regs, as well as DRE Regs. to purposefully fail to post to the MLS within a certain period of time after taking a listing, unless its a pocket listing. Furthermore, I can’t imagine any agent taking a listing without arriving at the listing appointment with a thorough knowledge of the property, the area, the prices, all recent sales; as well as with a current Property Profile and Comparative Market Analysis under his/her arm.
If any licensee is ever involved in a sale that is significantly below market, wherein the client has not been provided with ample comparative marketing data, and which smells of collusion: he/she would be treading water in some real deep poo.
Moreover, do you know what they do to brokers whose agents knowingly work in any manner contrary to their clients’ best interests? The broker loses his license, his business and all he’s worked for; then spends the rest of his life hunting down the agent who did it to him (OJ style): and upon finding him, he hits him on the crown of the head with an ice axe.
When you post anything on this board, be very wary…they’ll jump you in a heart beat (a good thing)… it is haunted by some of the wisest and most savvy, war-torn R.E. investors in the U.S. today. Second hand here-say is fun, but it needs to be well founded in fact, well thought out in advance, and meaningful to the rest of us.