Real Estate Ethics Questions

[zRob]

At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.

[DataAgent]

“At the end of the day it is all water under the bridge…”

Consider it a learning experience. And never blindly trust a realtor (or any broker).

[DataAgent]

“At the end of the day it is all water under the bridge…”

Consider it a learning experience. And never blindly trust a realtor (or any broker).

[DataAgent]

“At the end of the day it is all water under the bridge…”

Consider it a learning experience. And never blindly trust a realtor (or any broker).

[DataAgent]

“At the end of the day it is all water under the bridge…”

Consider it a learning experience. And never blindly trust a realtor (or any broker).

[DataAgent]

“At the end of the day it is all water under the bridge…”

Consider it a learning experience. And never blindly trust a realtor (or any broker).

[ltokuda]

[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]

I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”

[ltokuda]

[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]

I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”

[ltokuda]

[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]

I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”

[ltokuda]

[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]

I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”

[ltokuda]

[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.

I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay

I could contact my firm, the relo company, and his broker and let the chips fall as they may.

or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]

I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”

[LeaSD]

I am surprised at the apathy regarding this. This is unethical that the agent representing YOU (and your firm) not only knew the buyer but was married to the buyer – I see this as the same as if he were buying the property himself. I would notify your company and more importantly notify the proper agency (CA Association of Realtors? Who is in charge of licensing realtors?)

[LeaSD]

I am surprised at the apathy regarding this. This is unethical that the agent representing YOU (and your firm) not only knew the buyer but was married to the buyer – I see this as the same as if he were buying the property himself. I would notify your company and more importantly notify the proper agency (CA Association of Realtors? Who is in charge of licensing realtors?)

[LeaSD]

I am surprised at the apathy regarding this. This is unethical that the agent representing YOU (and your firm) not only knew the buyer but was married to the buyer – I see this as the same as if he were buying the property himself. I would notify your company and more importantly notify the proper agency (CA Association of Realtors? Who is in charge of licensing realtors?)

[LeaSD]

I am surprised at the apathy regarding this. This is unethical that the agent representing YOU (and your firm) not only knew the buyer but was married to the buyer – I see this as the same as if he were buying the property himself. I would notify your company and more importantly notify the proper agency (CA Association of Realtors? Who is in charge of licensing realtors?)

[Author]

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