sdr/SDR, how can this not be fraud???

[patientrenter]

I wish some MSM journalists would start blowing the top off this kind of behavior. As others have pointed out, this is just picking the pockets of taxpayers. I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics. I’d like to live in a country that was more ethical.

[sdrealtor]

ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr

[sdrealtor]

ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr

[sdrealtor]

ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr

[sdrealtor]

ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr

[sdrealtor]

ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr

[Anonymous]

[quote=patientrenter]I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics.[/quote]

There does seem to be more of this than ever.

So how do we fix it? I’m not in favor of making more laws — more litigation is not a good thing either. Plus the laws that do exist aren’t being enforced anyway.

Perhaps there should be a professional organization that has a Code of Ethics? The organization would not tolerate members that do not abide by the code. Let’s create such an organization, give it a clever name (perhaps a pun!), and trademark the name, so that the public would know that anyone working in this named profession is ethical. That would fix it, right?

[Anonymous]

[quote=patientrenter]I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics.[/quote]

There does seem to be more of this than ever.

So how do we fix it? I’m not in favor of making more laws — more litigation is not a good thing either. Plus the laws that do exist aren’t being enforced anyway.

Perhaps there should be a professional organization that has a Code of Ethics? The organization would not tolerate members that do not abide by the code. Let’s create such an organization, give it a clever name (perhaps a pun!), and trademark the name, so that the public would know that anyone working in this named profession is ethical. That would fix it, right?

[Anonymous]

[quote=patientrenter]I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics.[/quote]

There does seem to be more of this than ever.

So how do we fix it? I’m not in favor of making more laws — more litigation is not a good thing either. Plus the laws that do exist aren’t being enforced anyway.

Perhaps there should be a professional organization that has a Code of Ethics? The organization would not tolerate members that do not abide by the code. Let’s create such an organization, give it a clever name (perhaps a pun!), and trademark the name, so that the public would know that anyone working in this named profession is ethical. That would fix it, right?

[Anonymous]

[quote=patientrenter]I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics.[/quote]

There does seem to be more of this than ever.

So how do we fix it? I’m not in favor of making more laws — more litigation is not a good thing either. Plus the laws that do exist aren’t being enforced anyway.

Perhaps there should be a professional organization that has a Code of Ethics? The organization would not tolerate members that do not abide by the code. Let’s create such an organization, give it a clever name (perhaps a pun!), and trademark the name, so that the public would know that anyone working in this named profession is ethical. That would fix it, right?

[Anonymous]

[quote=patientrenter]I am getting tired of people saying that it’s fine because it’s legal, and screw the ethics.[/quote]

There does seem to be more of this than ever.

So how do we fix it? I’m not in favor of making more laws — more litigation is not a good thing either. Plus the laws that do exist aren’t being enforced anyway.

Perhaps there should be a professional organization that has a Code of Ethics? The organization would not tolerate members that do not abide by the code. Let’s create such an organization, give it a clever name (perhaps a pun!), and trademark the name, so that the public would know that anyone working in this named profession is ethical. That would fix it, right?

[CA renter]

[quote=sdrealtor]ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr[/quote]

If the listing agent is claiming that it’s the “highest and best” offer to the bank, yet is failing to market the property or even accept any market-based offers, I call that fraud.

They are defrauding the banks — which just so happen to be propped up by the taxpayers right now, and that makes it more egregious than ever.

Sorry, sdr, but it does not require a rocket scientist to determine what the “highest and best” offer is.

A bank is just as capable of determining market-based pricing, if not more capable. They did just fine with their appraisals before the growth of the mortgage brokerage industry. I’d like to see more accountability in the process.

[CA renter]

[quote=sdrealtor]ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr[/quote]

If the listing agent is claiming that it’s the “highest and best” offer to the bank, yet is failing to market the property or even accept any market-based offers, I call that fraud.

They are defrauding the banks — which just so happen to be propped up by the taxpayers right now, and that makes it more egregious than ever.

Sorry, sdr, but it does not require a rocket scientist to determine what the “highest and best” offer is.

A bank is just as capable of determining market-based pricing, if not more capable. They did just fine with their appraisals before the growth of the mortgage brokerage industry. I’d like to see more accountability in the process.

[CA renter]

[quote=sdrealtor]ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr[/quote]

If the listing agent is claiming that it’s the “highest and best” offer to the bank, yet is failing to market the property or even accept any market-based offers, I call that fraud.

They are defrauding the banks — which just so happen to be propped up by the taxpayers right now, and that makes it more egregious than ever.

Sorry, sdr, but it does not require a rocket scientist to determine what the “highest and best” offer is.

A bank is just as capable of determining market-based pricing, if not more capable. They did just fine with their appraisals before the growth of the mortgage brokerage industry. I’d like to see more accountability in the process.

[CA renter]

[quote=sdrealtor]ditto SD R,
I dont see much in the way of fraud attempts either. Mostly greedy agents.

sdr[/quote]

If the listing agent is claiming that it’s the “highest and best” offer to the bank, yet is failing to market the property or even accept any market-based offers, I call that fraud.

They are defrauding the banks — which just so happen to be propped up by the taxpayers right now, and that makes it more egregious than ever.

Sorry, sdr, but it does not require a rocket scientist to determine what the “highest and best” offer is.

A bank is just as capable of determining market-based pricing, if not more capable. They did just fine with their appraisals before the growth of the mortgage brokerage industry. I’d like to see more accountability in the process.

[Author]

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