I do have a great ethical story for you as well but it was not my transaction. Knew of a guy in a short sale. He had crappy representation. There were two loans… the second wanted 2500 from the buyer PRIOR to sending formal acceptance. Realtor didn’t know better and allowed him to do it however they waited until the last minute, sent the money in and the home went to foreclosure… that is not even the bad part…
The listing agent was using a third party short sale processor who worked for a broker. Another agent for THAT broker ended up buying the home at trustee sale. The original buyer who lost the 2500 ended up buying the home from the realtor who bought it at trustee sale for a little more then what they had it for during the short sale.
Unreal man…[/quote]
That is very fucked up.
On the bright side, the original buyer got the property they wanted….Eventually.
