Can any Realtors in here comment on a professional ethics question?
I’ve been running into homes for sale (LA area) that are listed as Active, but I know they have had accepted offers. Sometimes this goes on for 10-14 days. I asked about one of these and the person told me that their Realtor choose not to update the MLS because so many sales fall through these days she didn’t want to “damage” the house’s value, in the event the accepted offer fell through.
I even know of one that has not just an accepted offer, but also a signed backup offer. Still the MLS says that the house is active, nearly a week later!
Is this ethical? (I don’t mean in the moral, ten commandments way, but professionally.) Does this violate Realtor ethics?
Just curious.
Thanks.
I dont know the LA Board rules but down here you need to update the listng status within 24 hours and are subject to fines if you dont. Which reminds me, another short sale got approved yesterday and went into escrow. Time to change contingent to pending.
I dont know the LA Board rules but down here you need to update the listng status within 24 hours and are subject to fines if you dont. Which reminds me, another short sale got approved yesterday and went into escrow. Time to change contingent to pending.
I dont know the LA Board rules but down here you need to update the listng status within 24 hours and are subject to fines if you dont. Which reminds me, another short sale got approved yesterday and went into escrow. Time to change contingent to pending.
I dont know the LA Board rules but down here you need to update the listng status within 24 hours and are subject to fines if you dont. Which reminds me, another short sale got approved yesterday and went into escrow. Time to change contingent to pending.
I dont know the LA Board rules but down here you need to update the listng status within 24 hours and are subject to fines if you dont. Which reminds me, another short sale got approved yesterday and went into escrow. Time to change contingent to pending.
Each association has their own rules and regulations regarding the multiple listing service that advertises the listings. The associations were far from prepared on how to administer these regulations with the influx of substantial short sales. They still do a horrible job, even down here in San Diego the MLS is poorly regulated.
Each association has their own rules and regulations regarding the multiple listing service that advertises the listings. The associations were far from prepared on how to administer these regulations with the influx of substantial short sales. They still do a horrible job, even down here in San Diego the MLS is poorly regulated.
Each association has their own rules and regulations regarding the multiple listing service that advertises the listings. The associations were far from prepared on how to administer these regulations with the influx of substantial short sales. They still do a horrible job, even down here in San Diego the MLS is poorly regulated.
Each association has their own rules and regulations regarding the multiple listing service that advertises the listings. The associations were far from prepared on how to administer these regulations with the influx of substantial short sales. They still do a horrible job, even down here in San Diego the MLS is poorly regulated.
