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Can I answer questions from a seller that has their house listed with another agent?

By
Real Estate Agent with RE/MAX DFW Associates 0534986

I have an acquaintance of mine that has her home listed with another agent in an exclusive agreement.  She told me she is considering changing brokers. She asked me to come view her home & tell her what the comparable homes are listing for. 

 Can I answer these questions for her, much less go to her home while she has it listed with another agent?

 What if the other agent sees my car there? Do I need to get permission from the other broker?

This poses a good ethical question. I'm sure this has happened to many agents and most probably aren't sure how to answer it.

Answer:

It is not a violation of the Code of Ethics for you to go on the listing call in these circumstances. Both standard of Practice 16-6 and Standard of Practice 16-13 address this question.

"When Realtors are contacted by the client of another Realtor regarding the creation of an exclusive relationship to provide the same type of service, and Realtors have not directly or indirectly initiated such discussions, they may discuss the terms upon which they might enter into a future agreement or , alternatively, may enter into an agreement which becomes effective upon expiration of any existing  exclusive agreement"

The Realtor can go on the call, present a CMA and discuss a future listing with the acquaintance.

 

Posted by

Tracy Lee Parker

Broker Associate with
RE/MAX DFW ASSOCIATES

Servicing all of North & East Texas Areas for home selling, home buying, leasing & property management since 2005!  

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Comments (2)

Don Williams
Keller Williams Realty - Lewes, DE

If they call you, you can go!  If they get out of their listing, you have that right too!  One last thing, if you call the agent and ask the agent when the listing runs out, and they don't tell you, you are free to contact the seller!!  Oh course you may have known all this.

Feb 01, 2010 11:09 AM
Karen Otto
Home Star Staging - Plano, TX
Plano Home Staging, Dallas Home Staging, www.homes

Good to know!

Feb 01, 2010 11:11 PM