more bad behavior

[ucodegen]

I think some of the crux of what was happening on the listing, including the ‘tap dance’ by the broker.. or should we say ‘side step’ is being missed.

Banks don’t have any real experience in selling houses, their experience is with financing. If they want to move a house, they will ask the RE broker they are working with, what the comps are for that house.

Lets say the broker comes up with the ‘comps’.. and bank says to put it on the market. The deal is done inside the brokerage without giving anybody else a chance to bid.. is that ethical? Normally a broker would want to get as high a price as possible.. unless they are getting it for themselves. Their commission is a percentage of the price they get. People selling will not mind a 1 week wait for the MLS.. neither do buyers, unless they are certain the price would get bid up, possibly above what they would bid on it.

[jimg111]

Your kidding right? The bank get valuations from the listing broker, another independent agent and an appraiser as well as utilizing in house pricing models. Banks do not want long market times, especially in a market dropping 2-3% monthly. As I said before some will wait a week and others just want what they set their liisting price at and a quick clean escrow.

[jimg111]

Your kidding right? The bank get valuations from the listing broker, another independent agent and an appraiser as well as utilizing in house pricing models. Banks do not want long market times, especially in a market dropping 2-3% monthly. As I said before some will wait a week and others just want what they set their liisting price at and a quick clean escrow.

[jimg111]

Your kidding right? The bank get valuations from the listing broker, another independent agent and an appraiser as well as utilizing in house pricing models. Banks do not want long market times, especially in a market dropping 2-3% monthly. As I said before some will wait a week and others just want what they set their liisting price at and a quick clean escrow.

[jimg111]

Your kidding right? The bank get valuations from the listing broker, another independent agent and an appraiser as well as utilizing in house pricing models. Banks do not want long market times, especially in a market dropping 2-3% monthly. As I said before some will wait a week and others just want what they set their liisting price at and a quick clean escrow.

[jimg111]

Your kidding right? The bank get valuations from the listing broker, another independent agent and an appraiser as well as utilizing in house pricing models. Banks do not want long market times, especially in a market dropping 2-3% monthly. As I said before some will wait a week and others just want what they set their liisting price at and a quick clean escrow.

[SD Realtor]

Hi jp

No there is no law that says listings have to be put on the mls.

However I will discuss this more in a little bit.

[SD Realtor]

Hi jp

No there is no law that says listings have to be put on the mls.

However I will discuss this more in a little bit.

[SD Realtor]

Hi jp

No there is no law that says listings have to be put on the mls.

However I will discuss this more in a little bit.

[SD Realtor]

Hi jp

No there is no law that says listings have to be put on the mls.

However I will discuss this more in a little bit.

[SD Realtor]

Hi jp

No there is no law that says listings have to be put on the mls.

However I will discuss this more in a little bit.

[NotCranky]

DavelJ,
I believe you have said before, that people who sold at the peak were part of “the problem”. Now you say you have no problem with the ethics of getting your foot in the door as low as possible as long as it is legal,maybe not even “arms length”. Where is there a difference? It certainly is not illegal to sell your house, arms length, at a high price, when prices are high.

Some of the scenarios painted here,on this thread, seem like “buddy system” type deals. While there is nothing wrong with treating a friend well,of course, I have always hated the “buddy system” of benefits and access to opportunity. It’s unethical or often leads to unethical behavior, sometimes to extremes.In most cases pocket listings have potential for conflicts of interests that should be avoided.

[NotCranky]

DavelJ,
I believe you have said before, that people who sold at the peak were part of “the problem”. Now you say you have no problem with the ethics of getting your foot in the door as low as possible as long as it is legal,maybe not even “arms length”. Where is there a difference? It certainly is not illegal to sell your house, arms length, at a high price, when prices are high.

Some of the scenarios painted here,on this thread, seem like “buddy system” type deals. While there is nothing wrong with treating a friend well,of course, I have always hated the “buddy system” of benefits and access to opportunity. It’s unethical or often leads to unethical behavior, sometimes to extremes.In most cases pocket listings have potential for conflicts of interests that should be avoided.

[NotCranky]

DavelJ,
I believe you have said before, that people who sold at the peak were part of “the problem”. Now you say you have no problem with the ethics of getting your foot in the door as low as possible as long as it is legal,maybe not even “arms length”. Where is there a difference? It certainly is not illegal to sell your house, arms length, at a high price, when prices are high.

Some of the scenarios painted here,on this thread, seem like “buddy system” type deals. While there is nothing wrong with treating a friend well,of course, I have always hated the “buddy system” of benefits and access to opportunity. It’s unethical or often leads to unethical behavior, sometimes to extremes.In most cases pocket listings have potential for conflicts of interests that should be avoided.

[NotCranky]

DavelJ,
I believe you have said before, that people who sold at the peak were part of “the problem”. Now you say you have no problem with the ethics of getting your foot in the door as low as possible as long as it is legal,maybe not even “arms length”. Where is there a difference? It certainly is not illegal to sell your house, arms length, at a high price, when prices are high.

Some of the scenarios painted here,on this thread, seem like “buddy system” type deals. While there is nothing wrong with treating a friend well,of course, I have always hated the “buddy system” of benefits and access to opportunity. It’s unethical or often leads to unethical behavior, sometimes to extremes.In most cases pocket listings have potential for conflicts of interests that should be avoided.

[Author]

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