[quote=bearishgurl]
captcha, that is the purpose of agents/brokers carrying E & O insurance. It is required on every brokered transaction, on each side. If you, as a seller or buyer, later sue your broker for damages inflicted upon you due to your agent’s neglect, lack of oversight and/or incompetency, for instance, their E & O policy will pay to defend the suit and/or pay your award, along with any culpable brokers, if you prevail in court.
[/quote]
All you need to do is pay an attorney to litigate and win after you sign a release of liability put together by association of realtors.
[quote=bearishgurl]
If you represent yourself, you have no one to blame but yourself.
[/quote]
Well, you can go with the listing agent and get the same legal protection, no?
[quote=bearishgurl]
If your buyer’s agent INSISTS you use his “buddy mortgage broker,” this is a violation of RESPA and they can be disciplined by the DRE if a complaint is filed and it is later determined that your agent took any kind of “kickback” from the successful origination of your mortgage loan after sending you to a particular mortgage broker, banker or direct lender.
captcha, you are always free, as a buyer, to use whichever lender you desire, even in purchasing new construction. It is legal to offer incentives to entice a buyer to use a certain lender but it is NOT legal to force them to use a certain lender or reject an already-accepted offer because the buyer will not use a certain lender. The buyer always has the final say in which lender they will use.[/quote]
I know that. That info might have been valuable and differentiating factor years ago, but today everyone with Internet access can learn that while taking a piss.
