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Thanks for answering my question as to if both are Realtors
Quote:
Originally Posted by illtaketwoplease
I know the "major" one is, the other I assume so.
In general, the state looks to the Realtors to self-police via the Code of Ethics, and the state respects the Realtors’ adjudication of their COE as if it is law.
Therefore it’s not easy to separate ‘legal’ from ‘ethical’.
However the licensed agents who are not Realtors ( and usually not successful in their career) are not bound by the Code of Ethics.
So without going too much into
that you first asked about soliciting to re-list before the listing expired (unethical and therefore quasi-illegal if both are Realtors)
but now are asking about soliciting for a different service (not unethical but perhaps very sleazy)
there could be a different interpretations of such soliciting depending on whether or not both are Realtors.
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Last edited by gv28; 07-12-2014 at 11:00 AM..
Reason: -
A lot of what the NAR does is simply to protect Realtors, IMHO.
Yes, but I think there is a side of this that helps consumers, too.
Look at the heavily used niche of prospecting Expired and Withdrawn listings.
Imagine if Realtors could prospect Active listed sellers, "I can get you a lot more money, better photos, cheaper fees, yadda yadda," ad infinitum, because that is what would happen.
Listing agreements only define the agent-client relationship, and don't control other agents at all.
Consumers have enough problems with agent ineptitude and abuse without opening them up to tons more just because they listed.
Yes, but I think there is a side of this that helps consumers, too.
Look at the heavily used niche of prospecting Expired and Withdrawn listings.
Imagine if Realtors could prospect Active listed sellers, "I can get you a lot more money, better photos, cheaper fees, yadda yadda," ad infinitum, because that is what would happen.
Yes, very true. I just know that I would have no qualms about informing (or even soliciting) clients of one particular Realtor I know. Getting them away from this particular low-life would truly be a public service.
Seller has property listed with Broker A. Seller's listing is set to expire in two weeks. Seller contacts Broker B on the advice of a friend. Seller asks Broker B for opinion on pricing, how they would market the property, etc. Seller is favorably impressed and decides to switch to Broker B after listing expires.
In the meantime, Broker B prepares for the new listing by discussing terms with Seller, taking photos of the property, performing a Comparative Market Analysis, and generally being helpful. Broker B accesses the property 4 times before Broker A's listing expires in order to prepare for new listing.
Is this an ethics violation? The state is California.
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