Real Estate Ethics Questions

[SD Realtor]

Yep the agent went way over the top.

Did you hire the agent or did your employer or did the relo company?

How many showings were there? Did you receive any offers? Did you verify the agent marketed the home on the local MLS?

I would sit down with whoever hired the agent and discuss a strategy. Perhaps even talk to an attorney.

You could treat this as water under the bridge and this agent will continue to act in this manner. Or you can be proactive and try to at least make sure the next person who works with this guy will not get screwed.

See many people like to bitch about realtors and how bad we all are and guys like this perpetuate that. However it is within the power of people like you to take those who commit crimes like this to task.

Do the right thing.

[briansd1]

[quote=UCGal][quote=briansd1]How about documenting everything and submitting a complaint to the DRE?

http://dre.ca.gov/cons_complaint.html

[/quote]

I think it’s better to report it to the corporate relo company.

Also – if the transaction was not in CA (it’s not clear it was CA) then reporting to CA’s DRE won’t do anything.[/quote]

One does not preclude the other. States all have real estate regulatory agencies.

What the OP does depends on how much he wants the Realtor “punished”.

Bring suit against the Realtor, contact the police and district attorney if there’s evidence of fraud, contact his Broker, the relocation company, etc…

[briansd1]

[quote=UCGal][quote=briansd1]How about documenting everything and submitting a complaint to the DRE?

http://dre.ca.gov/cons_complaint.html

[/quote]

I think it’s better to report it to the corporate relo company.

Also – if the transaction was not in CA (it’s not clear it was CA) then reporting to CA’s DRE won’t do anything.[/quote]

One does not preclude the other. States all have real estate regulatory agencies.

What the OP does depends on how much he wants the Realtor “punished”.

Bring suit against the Realtor, contact the police and district attorney if there’s evidence of fraud, contact his Broker, the relocation company, etc…

[briansd1]

[quote=UCGal][quote=briansd1]How about documenting everything and submitting a complaint to the DRE?

http://dre.ca.gov/cons_complaint.html

[/quote]

I think it’s better to report it to the corporate relo company.

Also – if the transaction was not in CA (it’s not clear it was CA) then reporting to CA’s DRE won’t do anything.[/quote]

One does not preclude the other. States all have real estate regulatory agencies.

What the OP does depends on how much he wants the Realtor “punished”.

Bring suit against the Realtor, contact the police and district attorney if there’s evidence of fraud, contact his Broker, the relocation company, etc…

[briansd1]

[quote=UCGal][quote=briansd1]How about documenting everything and submitting a complaint to the DRE?

http://dre.ca.gov/cons_complaint.html

[/quote]

I think it’s better to report it to the corporate relo company.

Also – if the transaction was not in CA (it’s not clear it was CA) then reporting to CA’s DRE won’t do anything.[/quote]

One does not preclude the other. States all have real estate regulatory agencies.

What the OP does depends on how much he wants the Realtor “punished”.

Bring suit against the Realtor, contact the police and district attorney if there’s evidence of fraud, contact his Broker, the relocation company, etc…

[briansd1]

[quote=UCGal][quote=briansd1]How about documenting everything and submitting a complaint to the DRE?

http://dre.ca.gov/cons_complaint.html

[/quote]

I think it’s better to report it to the corporate relo company.

Also – if the transaction was not in CA (it’s not clear it was CA) then reporting to CA’s DRE won’t do anything.[/quote]

One does not preclude the other. States all have real estate regulatory agencies.

What the OP does depends on how much he wants the Realtor “punished”.

Bring suit against the Realtor, contact the police and district attorney if there’s evidence of fraud, contact his Broker, the relocation company, etc…

[moneymaker]

The ethical thing to do is bring the situation to light with all involved parties. Unfortunately many laws and regulations have no teeth unless someone is willing to take the perp to court and herein lies the problem. Many people will not risk court for the principle,unfortunately. DA would probably not consider going after them especially with you out of state, unless s/he has other complaints/cases. Keep us posted on the outcome.

[moneymaker]

The ethical thing to do is bring the situation to light with all involved parties. Unfortunately many laws and regulations have no teeth unless someone is willing to take the perp to court and herein lies the problem. Many people will not risk court for the principle,unfortunately. DA would probably not consider going after them especially with you out of state, unless s/he has other complaints/cases. Keep us posted on the outcome.

[moneymaker]

The ethical thing to do is bring the situation to light with all involved parties. Unfortunately many laws and regulations have no teeth unless someone is willing to take the perp to court and herein lies the problem. Many people will not risk court for the principle,unfortunately. DA would probably not consider going after them especially with you out of state, unless s/he has other complaints/cases. Keep us posted on the outcome.

[moneymaker]

The ethical thing to do is bring the situation to light with all involved parties. Unfortunately many laws and regulations have no teeth unless someone is willing to take the perp to court and herein lies the problem. Many people will not risk court for the principle,unfortunately. DA would probably not consider going after them especially with you out of state, unless s/he has other complaints/cases. Keep us posted on the outcome.

[moneymaker]

The ethical thing to do is bring the situation to light with all involved parties. Unfortunately many laws and regulations have no teeth unless someone is willing to take the perp to court and herein lies the problem. Many people will not risk court for the principle,unfortunately. DA would probably not consider going after them especially with you out of state, unless s/he has other complaints/cases. Keep us posted on the outcome.

[sdrealtor]

It wouldnt get to court. Agent would be smart to settle quickly and quietly. If not it would likely go to mediation then arbitration.

[sdrealtor]

It wouldnt get to court. Agent would be smart to settle quickly and quietly. If not it would likely go to mediation then arbitration.

[sdrealtor]

It wouldnt get to court. Agent would be smart to settle quickly and quietly. If not it would likely go to mediation then arbitration.

[sdrealtor]

It wouldnt get to court. Agent would be smart to settle quickly and quietly. If not it would likely go to mediation then arbitration.

[Author]

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