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Ethics for us Realtors.

By
Real Estate Agent with Allison James Estates and Homes SL3168091

 

As Professional Realtors we must recognize that we cannot interfere when a listing is already on the market. If we do, this violates the Code of Ethics. Realtors who are poorly trained, who lack the proper skills in general are now making calls and visitng short sale listed property owners and offering advise.  Realtors, understand your job clearly.  You are not an accountant or a tax adviser nor are you an attorney.   If you resort to giving advise and interfere with the listing, and persuade the seller to change Realtors, you are in violation of the code of ethics. You can be called to task before a grievances committee and they determine what the penalty will be.  Take note;  Article 16-2 Code of Ethics Article 16-4     Realtors shall not solicit a listing which is currently listed exclusively with another broker.     However, if the listing broker refuses when asked to disclose the expiration date and nature of such listing i.e. an exclusive right to sell or exclusive agency, the other  Realtor  may contact the owner to secure such information and may discuss the terms upon which the Realtor might take a future listing or alternatively, may take a listing to become effective upon expiration of exclusive listing.  Play fair, there is so much out there don't risk it - Your reputation depends on it! 

 

Barry Shapiro
Broker-Associate - Camarillo, CA
AKA, Do the right thing!
Sep 27, 2007 06:56 PM
Gary Bland
Century 21 All Islands - Lahaina, HI
I have some friends that have thier property listed with another agent and all they do is bad mouth them..  I do not want to spoil my relationship so this realtor can have the job.
Sep 27, 2007 07:44 PM
David Bennett
Tarbell, Realtors - Yorba Linda, CA
Yorba Linda Real Estate
From your mouth to God's ear.
Sep 27, 2007 08:22 PM
Ed DeChristopher
Fredericksburg Realty, Inc. - Fredericksburg, VA
CRS Fredericksburg VA

After having been in this business for some 18 years now, I have learned that people who resort to tactics in violation of our ethics leave our ranks quickly.  It will be obvious shortly (when the market is back to a "normal" state) who some of them were.

Stick with it folks; the cream will rise to the top once more!

Sep 27, 2007 09:33 PM
James Gordon
Sibcy Cline Realtors® - Cincinnati, OH
REALTOR, PBD SFR SRS
Josephine there are so many agents that are trying to make something that they will not care until they are reported. There is a "REALTOR®" that I know of that had trouble keeping away from listed properties and his broker asked him to leave the office.
Sep 27, 2007 10:20 PM
Michael Cohen
West Atlantic Real Estate, Inc. - Delray Beach, FL

What if the Listing Broker "refuses" the Listing????????????????

 

If he/she refuses to to sign the Listing Agreement?  Does that allow the Broker Associate, (assuming they are opening their own company) to sign that client up?  Or is that still Taboo????

 

 

Mar 05, 2011 01:51 AM
Michael Cohen
West Atlantic Real Estate, Inc. - Delray Beach, FL

What if the Listing Broker "refuses" the Listing????????????????

 

If he/she refuses to to sign the Listing Agreement?  Does that allow the Broker Associate, (assuming they are opening their own company) to sign that client up?  Or is that still Taboo????

 

 

Mar 05, 2011 02:02 AM