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Agent ethics under the microscope

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Real Estate Professional | 17 Aug 2015, 08:15 AM Agree 0
There’s fear a cooling market may place more pressure on agents to skirt the margins of ethical practice
  • Peter B. Realtor | 17 Aug 2015, 03:04 PM Agree 0
    Wait, it is a practice of "some" Brokerages to allow their sales people to post homes on the MLS that have been conditionally sold prior to the first-publishing notice on the MLS (notably a large MLS board operating an a major city in the golden Horseshoe... I believe the 4 letters of that board are T.R.E.B, although other boards may have similar lapses in judgement conveniently written into their by-laws). So, first day on the market, sold conditionally with NO escape. Does that allow for proper competition?
    "Unethical" agents will follow the rules set out by "unethical" boards. The Brokerages will not balk...especially if they are also the selling brokerage and so, any complaints made to the listing board are ignored.
    I think it more likely that agents will bend the rules to fit tidily within any ambiguous rules set out and gingerly enforced by the boards.
    Those "super" agent seminars teach this stuff.
    If the boards want to strengthen ethics, they should strengthen their rules of conduct and enforce them appropriately, rather than have honest agents, and we are out there, face the consequences via a less-than stellar reputation for the profession as a whole and also via the ever increasing Insurance dues.
    Doing so would be far more effective in strengthening our reputation and much less expensive than yet another boring advertising campaign (that we agents are paying for out of our dues)
  • Cullen D Simpson | 17 Aug 2015, 09:02 PM Agree 0
    Peter speaks for me Aldo. My sentiments exactly.
  • Cullen D Simpson | 17 Aug 2015, 09:03 PM Agree 0
    me also
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