I don’t care if the house was properly listed and got an offer from an unrelated buyer. I DO care if the deal was made before the house hit the MLS/market, and it’s particularly unethical if the deal was made between related parties (including anyone related in any way to the agents involved).
Yes, if banks/regulators required a minimum marketing time, that would be of great help. It would also help if they did periodic audits to ensure agents weren’t ripping them (and the taxpayers) off.
BTW, not sure where you got the “uninformed conspiracy nut” part, but most of my predictions made many years ago have been spot-on from the very beginning. I might be a lot of things, but “uninformed” isn’t one of them, particularly about things I’m willing to debate about (you’ll never hear me argue about things I’m “uninformed” about…I listen and learn from those who know more, rather than debate and make myself look like an idiot). Perhaps you shouldn’t trust so easily.[/quote]
Very few people who know me would describe me as “trusting”.
You have a very incomplete idea about how these things go.
One of my agents had a client who liked a condo but was beat out by a higher offer.
The agent then reached out to the other units/owners in the complex to see if they wanted to sell to her client.
The unit that responded and with which they made a deal was upside down.
They had a deal before the unit ever hit the MLS.
When they put it in the MLS, this was disclosed.
It was appropriate to put this in the MLS for comparative purposes.
There was no fraud.
There was no conspiracy.
The bank did not get screwed.
CAR, you don’t bring a lot to the table as a general rule.
You rant about “fraud” (apparently defined as any result you don’t endorse or understand) and call Realtors crooks.
Fraud has a very specific meaning.
It means a lie that damages another.
I don’t have a great love for most of my colleagues (many ARE crooks) but unless you have some actual examples of fraud please stop wasting pixels.
I do pretty well without lying to anybody.
I think your incomplete understandings coupled with your declarations of moral turpitude put you about one step up from 911 truthers.
You are woefully ignorant and uninformed.
You are the kind of guy that is too smart by half and gets rolled by a dishonest agent and then brags about the deal he got.[/quote]
You’re making the assumption that just because your deals *might not* be fraudulent, that none of them are. I know for a fact that short sale fraud is rampant, and have seen a few examples, personally, in addition to reading about others.
Even in the example you give regarding the condo; if the short seller or agent claimed that the deal was an open-market and arms-length transaction, that would be a lie. If they sold the condo for less than it would have gotten on the open market with adequate market time (at least two weeks), then they defrauded the bank, and probably defrauded the govt/taxpayers/mortgage insurers as a result.
As for the party who brings more to the site, I think we can examine our past posts to see who has brought different perspectives, knowledge, and experience (about a variety of topics) vs. who has simply name-called and cursed his way into intimidating other posters. I have no idea why you think your posts are valuable. Most of the time, you just stomp your feet, scream, shout, cuss, and make personal digs at people. At least I come armed with facts and well-reasoned opinions, and always do my best to debate topics rather than make personal attacks just because somebody doesn’t agree with me.
