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  • October 8, 2008 at 8:39 AM #283517
    akbarpunjabi
    Participant

    A quick reply from the team.

    Yes..but all too often buyers on bank owned properties don’t close the deal or something happens with their loan financing. Therefore, we continue to market them online only while pending in the MLS.

    October 8, 2008 at 9:03 AM #283532
    urbanrealtor
    Participant

    I have actually asked sandicor (who oversees rules regarding San Diego Realtor advertising) regarding this sort of ad.
    Per them, until a sale is final and closed (ie: the title has shifted to the new owner) agents can advertise it. The DRE is, in my experience, less restrictive than NAR, CAR, SDAR, or Sandicor.

    Complaining to DRE is unlikely to have an effect.
    Advertising a place that has not yet sold is not illegal, (professionally) unethical, or false advertising.

    That being said, I agree with you. It seems really cheesy to be throwing out ads for a place that has a deposit on it already. You might have some luck in approaching the senior broker or office manager of the team or agent in question. That is what I would do.

    October 8, 2008 at 9:03 AM #283559
    urbanrealtor
    Participant

    I have actually asked sandicor (who oversees rules regarding San Diego Realtor advertising) regarding this sort of ad.
    Per them, until a sale is final and closed (ie: the title has shifted to the new owner) agents can advertise it. The DRE is, in my experience, less restrictive than NAR, CAR, SDAR, or Sandicor.

    Complaining to DRE is unlikely to have an effect.
    Advertising a place that has not yet sold is not illegal, (professionally) unethical, or false advertising.

    That being said, I agree with you. It seems really cheesy to be throwing out ads for a place that has a deposit on it already. You might have some luck in approaching the senior broker or office manager of the team or agent in question. That is what I would do.

    October 8, 2008 at 9:03 AM #283248
    urbanrealtor
    Participant

    I have actually asked sandicor (who oversees rules regarding San Diego Realtor advertising) regarding this sort of ad.
    Per them, until a sale is final and closed (ie: the title has shifted to the new owner) agents can advertise it. The DRE is, in my experience, less restrictive than NAR, CAR, SDAR, or Sandicor.

    Complaining to DRE is unlikely to have an effect.
    Advertising a place that has not yet sold is not illegal, (professionally) unethical, or false advertising.

    That being said, I agree with you. It seems really cheesy to be throwing out ads for a place that has a deposit on it already. You might have some luck in approaching the senior broker or office manager of the team or agent in question. That is what I would do.

    October 8, 2008 at 9:03 AM #283576
    urbanrealtor
    Participant

    I have actually asked sandicor (who oversees rules regarding San Diego Realtor advertising) regarding this sort of ad.
    Per them, until a sale is final and closed (ie: the title has shifted to the new owner) agents can advertise it. The DRE is, in my experience, less restrictive than NAR, CAR, SDAR, or Sandicor.

    Complaining to DRE is unlikely to have an effect.
    Advertising a place that has not yet sold is not illegal, (professionally) unethical, or false advertising.

    That being said, I agree with you. It seems really cheesy to be throwing out ads for a place that has a deposit on it already. You might have some luck in approaching the senior broker or office manager of the team or agent in question. That is what I would do.

    October 8, 2008 at 9:03 AM #283586
    urbanrealtor
    Participant

    I have actually asked sandicor (who oversees rules regarding San Diego Realtor advertising) regarding this sort of ad.
    Per them, until a sale is final and closed (ie: the title has shifted to the new owner) agents can advertise it. The DRE is, in my experience, less restrictive than NAR, CAR, SDAR, or Sandicor.

    Complaining to DRE is unlikely to have an effect.
    Advertising a place that has not yet sold is not illegal, (professionally) unethical, or false advertising.

    That being said, I agree with you. It seems really cheesy to be throwing out ads for a place that has a deposit on it already. You might have some luck in approaching the senior broker or office manager of the team or agent in question. That is what I would do.

    October 8, 2008 at 9:34 AM #283547
    akbarpunjabi
    Participant

    I know times are tough so I’ll just let them use any tactics they like.

    October 8, 2008 at 9:34 AM #283263
    akbarpunjabi
    Participant

    I know times are tough so I’ll just let them use any tactics they like.

    October 8, 2008 at 9:34 AM #283574
    akbarpunjabi
    Participant

    I know times are tough so I’ll just let them use any tactics they like.

    October 8, 2008 at 9:34 AM #283590
    akbarpunjabi
    Participant

    I know times are tough so I’ll just let them use any tactics they like.

    October 8, 2008 at 9:34 AM #283600
    akbarpunjabi
    Participant

    I know times are tough so I’ll just let them use any tactics they like.

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