The cult of professional specialists

[njtosd]

sdrealtor –

I think you missed my point; the fantasy that I was referring to related to your graphic description of being draped over a barrel, etc. In any event, after reading that passage again, I think I will politely decline your offer to sit down with me.
Your fiduciary duty requires you to obey the lawful requirements of your client relating to the sale of his/her property. Your other choice is to provide your client with an unconditional withdrawal from the listing agreement. Since your screen name is sdrealtor, I assume that you are a member of the NAR. Their website provides a pretty clear description of your Code of Ethics. I have to assume that you have informed your clients of the conditions under which you will or will not show properties, and that they have agreed to your conditions. If you hadn’t, you would be risking your license.

[drboom]

[quote=njtosd]The final steps of the negotiation here take place in the “attorney review” process, so our attorney is taking care of some of the jobs that would be done by an agent/broker in CA.[/quote]

This prompted me to take a look at how things work in Joisey. Interesting.

They make attorneys part of the process, and real estate agents who draw up contracts or other legal documents are guilty of practicing law without a license.

Do I have that part right? If so, how well does it work?

[drboom]

[quote=njtosd]The final steps of the negotiation here take place in the “attorney review” process, so our attorney is taking care of some of the jobs that would be done by an agent/broker in CA.[/quote]

This prompted me to take a look at how things work in Joisey. Interesting.

They make attorneys part of the process, and real estate agents who draw up contracts or other legal documents are guilty of practicing law without a license.

Do I have that part right? If so, how well does it work?

[drboom]

[quote=njtosd]The final steps of the negotiation here take place in the “attorney review” process, so our attorney is taking care of some of the jobs that would be done by an agent/broker in CA.[/quote]

This prompted me to take a look at how things work in Joisey. Interesting.

They make attorneys part of the process, and real estate agents who draw up contracts or other legal documents are guilty of practicing law without a license.

Do I have that part right? If so, how well does it work?

[drboom]

[quote=njtosd]The final steps of the negotiation here take place in the “attorney review” process, so our attorney is taking care of some of the jobs that would be done by an agent/broker in CA.[/quote]

This prompted me to take a look at how things work in Joisey. Interesting.

They make attorneys part of the process, and real estate agents who draw up contracts or other legal documents are guilty of practicing law without a license.

Do I have that part right? If so, how well does it work?

[drboom]

[quote=njtosd]The final steps of the negotiation here take place in the “attorney review” process, so our attorney is taking care of some of the jobs that would be done by an agent/broker in CA.[/quote]

This prompted me to take a look at how things work in Joisey. Interesting.

They make attorneys part of the process, and real estate agents who draw up contracts or other legal documents are guilty of practicing law without a license.

Do I have that part right? If so, how well does it work?

[njtosd]

drboom

Overall I prefer the CA system. Here in NJ, each real estate agency has their own contract, which is the starting point of the negotiations. The contract provides that it can be cancelled by either party for any reason during the period of attorney review. The real estate attorneys that I have had experience with here aren’t great – the first letter we received on the current transaction referred to a “common basement,” which was puzzling since it’s a single family home. It also referred to a heating oil storage tank – and we don’t have one. Plus, lots of typos. So it’s just some letter that they always pull up and no one reads (hence the typos). The attorneys are recommended by the agents, so I think the ones that bring up deal breakers (such as a cap on the rate of mortgage interest a buyer is willing to accept as part of the mortgage contingency) don’t get a lot of business. On the other hand, most things are pretty corrupt here in the “Soprano State” (that is actually the name of a great book by a couple of AP writers about the corruption that pervades this place) so I have a hard time knowing what to expect. I’ll be happy to get out of here . . .

[njtosd]

drboom

Overall I prefer the CA system. Here in NJ, each real estate agency has their own contract, which is the starting point of the negotiations. The contract provides that it can be cancelled by either party for any reason during the period of attorney review. The real estate attorneys that I have had experience with here aren’t great – the first letter we received on the current transaction referred to a “common basement,” which was puzzling since it’s a single family home. It also referred to a heating oil storage tank – and we don’t have one. Plus, lots of typos. So it’s just some letter that they always pull up and no one reads (hence the typos). The attorneys are recommended by the agents, so I think the ones that bring up deal breakers (such as a cap on the rate of mortgage interest a buyer is willing to accept as part of the mortgage contingency) don’t get a lot of business. On the other hand, most things are pretty corrupt here in the “Soprano State” (that is actually the name of a great book by a couple of AP writers about the corruption that pervades this place) so I have a hard time knowing what to expect. I’ll be happy to get out of here . . .

[njtosd]

drboom

Overall I prefer the CA system. Here in NJ, each real estate agency has their own contract, which is the starting point of the negotiations. The contract provides that it can be cancelled by either party for any reason during the period of attorney review. The real estate attorneys that I have had experience with here aren’t great – the first letter we received on the current transaction referred to a “common basement,” which was puzzling since it’s a single family home. It also referred to a heating oil storage tank – and we don’t have one. Plus, lots of typos. So it’s just some letter that they always pull up and no one reads (hence the typos). The attorneys are recommended by the agents, so I think the ones that bring up deal breakers (such as a cap on the rate of mortgage interest a buyer is willing to accept as part of the mortgage contingency) don’t get a lot of business. On the other hand, most things are pretty corrupt here in the “Soprano State” (that is actually the name of a great book by a couple of AP writers about the corruption that pervades this place) so I have a hard time knowing what to expect. I’ll be happy to get out of here . . .

[njtosd]

drboom

Overall I prefer the CA system. Here in NJ, each real estate agency has their own contract, which is the starting point of the negotiations. The contract provides that it can be cancelled by either party for any reason during the period of attorney review. The real estate attorneys that I have had experience with here aren’t great – the first letter we received on the current transaction referred to a “common basement,” which was puzzling since it’s a single family home. It also referred to a heating oil storage tank – and we don’t have one. Plus, lots of typos. So it’s just some letter that they always pull up and no one reads (hence the typos). The attorneys are recommended by the agents, so I think the ones that bring up deal breakers (such as a cap on the rate of mortgage interest a buyer is willing to accept as part of the mortgage contingency) don’t get a lot of business. On the other hand, most things are pretty corrupt here in the “Soprano State” (that is actually the name of a great book by a couple of AP writers about the corruption that pervades this place) so I have a hard time knowing what to expect. I’ll be happy to get out of here . . .

[njtosd]

drboom

Overall I prefer the CA system. Here in NJ, each real estate agency has their own contract, which is the starting point of the negotiations. The contract provides that it can be cancelled by either party for any reason during the period of attorney review. The real estate attorneys that I have had experience with here aren’t great – the first letter we received on the current transaction referred to a “common basement,” which was puzzling since it’s a single family home. It also referred to a heating oil storage tank – and we don’t have one. Plus, lots of typos. So it’s just some letter that they always pull up and no one reads (hence the typos). The attorneys are recommended by the agents, so I think the ones that bring up deal breakers (such as a cap on the rate of mortgage interest a buyer is willing to accept as part of the mortgage contingency) don’t get a lot of business. On the other hand, most things are pretty corrupt here in the “Soprano State” (that is actually the name of a great book by a couple of AP writers about the corruption that pervades this place) so I have a hard time knowing what to expect. I’ll be happy to get out of here . . .

[sdrealtor]

nj
Just having fun with the analogies and sorry that you dont enjoy them. My fidiciary repsonsibility is to represent them in the sale of the property as their representative and to negotiate on their behalf for the sale. My duty is to them not to buyers. I make sure the property is available and do everything i can to get any interested buyer in to see the property. There is nothing that requires it to be me who shows it to them. I have never discriminated against any buyer. In fact, if I were to represent a buyer in the sale I beleive I would not be extremely dificult to fulfill my fiduciary responsibility to the seller. Additionally, if I represent a buyer that creates a conflict of interest and potential discrimination towards other buyers who have their own agents.

I take great pride in a few things. First I try my absolute best to always put my client interests ahead of my own. I beleive I can hold my head high in saying I have held myself up to this standard. SEcond, I take great pride in tha fact that not only have I never been in arbitration but I have never been in mediation either. As a matter a fact, I have never gotten a single call from a client asking me why did you you let me buy this property.

BTW, I just checked my record and I made a mistake. I was wrong when I said that i had 3 bubble era buyers sell fro a gain. There were actually 5.

Lastly, Hey Joisey what exit? I lived off Exits 4 (hometown), 9 (college) and 10 (after college) for the 1st 30 years of my life. I can concurr on everything you said about corruption back east. Its much better here and I think you will ove it as much as I do.

[sdrealtor]

nj
Just having fun with the analogies and sorry that you dont enjoy them. My fidiciary repsonsibility is to represent them in the sale of the property as their representative and to negotiate on their behalf for the sale. My duty is to them not to buyers. I make sure the property is available and do everything i can to get any interested buyer in to see the property. There is nothing that requires it to be me who shows it to them. I have never discriminated against any buyer. In fact, if I were to represent a buyer in the sale I beleive I would not be extremely dificult to fulfill my fiduciary responsibility to the seller. Additionally, if I represent a buyer that creates a conflict of interest and potential discrimination towards other buyers who have their own agents.

I take great pride in a few things. First I try my absolute best to always put my client interests ahead of my own. I beleive I can hold my head high in saying I have held myself up to this standard. SEcond, I take great pride in tha fact that not only have I never been in arbitration but I have never been in mediation either. As a matter a fact, I have never gotten a single call from a client asking me why did you you let me buy this property.

BTW, I just checked my record and I made a mistake. I was wrong when I said that i had 3 bubble era buyers sell fro a gain. There were actually 5.

Lastly, Hey Joisey what exit? I lived off Exits 4 (hometown), 9 (college) and 10 (after college) for the 1st 30 years of my life. I can concurr on everything you said about corruption back east. Its much better here and I think you will ove it as much as I do.

[sdrealtor]

nj
Just having fun with the analogies and sorry that you dont enjoy them. My fidiciary repsonsibility is to represent them in the sale of the property as their representative and to negotiate on their behalf for the sale. My duty is to them not to buyers. I make sure the property is available and do everything i can to get any interested buyer in to see the property. There is nothing that requires it to be me who shows it to them. I have never discriminated against any buyer. In fact, if I were to represent a buyer in the sale I beleive I would not be extremely dificult to fulfill my fiduciary responsibility to the seller. Additionally, if I represent a buyer that creates a conflict of interest and potential discrimination towards other buyers who have their own agents.

I take great pride in a few things. First I try my absolute best to always put my client interests ahead of my own. I beleive I can hold my head high in saying I have held myself up to this standard. SEcond, I take great pride in tha fact that not only have I never been in arbitration but I have never been in mediation either. As a matter a fact, I have never gotten a single call from a client asking me why did you you let me buy this property.

BTW, I just checked my record and I made a mistake. I was wrong when I said that i had 3 bubble era buyers sell fro a gain. There were actually 5.

Lastly, Hey Joisey what exit? I lived off Exits 4 (hometown), 9 (college) and 10 (after college) for the 1st 30 years of my life. I can concurr on everything you said about corruption back east. Its much better here and I think you will ove it as much as I do.

[sdrealtor]

nj
Just having fun with the analogies and sorry that you dont enjoy them. My fidiciary repsonsibility is to represent them in the sale of the property as their representative and to negotiate on their behalf for the sale. My duty is to them not to buyers. I make sure the property is available and do everything i can to get any interested buyer in to see the property. There is nothing that requires it to be me who shows it to them. I have never discriminated against any buyer. In fact, if I were to represent a buyer in the sale I beleive I would not be extremely dificult to fulfill my fiduciary responsibility to the seller. Additionally, if I represent a buyer that creates a conflict of interest and potential discrimination towards other buyers who have their own agents.

I take great pride in a few things. First I try my absolute best to always put my client interests ahead of my own. I beleive I can hold my head high in saying I have held myself up to this standard. SEcond, I take great pride in tha fact that not only have I never been in arbitration but I have never been in mediation either. As a matter a fact, I have never gotten a single call from a client asking me why did you you let me buy this property.

BTW, I just checked my record and I made a mistake. I was wrong when I said that i had 3 bubble era buyers sell fro a gain. There were actually 5.

Lastly, Hey Joisey what exit? I lived off Exits 4 (hometown), 9 (college) and 10 (after college) for the 1st 30 years of my life. I can concurr on everything you said about corruption back east. Its much better here and I think you will ove it as much as I do.

[Author]

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