Loose lips can sink an offer.

Wow Hella M. Rothwell, Lucky you figure it out right away.  That is unreal and a major conflict.

Hella,

People just need to careful of what they say regarding making an offer on a property.  It's a small world sometimes, and you have a right and obligation to serve the interests of your client.

Hella,  Its a small world isn't it.  I think sometimes people get so excited they start shouting from the rooftops and don't realize how this will come back to harm them.

Does sound like an awkward situation to avoid and less said is better. I find it sad to get an internet lead that's just fishing for details when they have representation...life goes on.

     Possible violation of a fiduciary or agency relationship.  Keep your cards close to the vest!

Good afternoon Hella. An excellent post about the importance of self control. Well done.

Just the fact that you shared your experiences, Hella M. Rothwell ... should serve as a red flag and warning to anyone involved or somehow owning information ... regarding a transaction.  Shhhhhhhh ... no sharing!  What part of that advice is hard to grasp or understand??  Kudos to you for your actions!

Featured in BananaTude!

Congratulations!  Well Done

Gene 

Best advice you can give you have to act in the best interest of your customer at all times. Thanks for sharing have a great weekend.

That is a friend that really didn't know how to keep their mouth shut and worse the potential buyer that told that person

I have heard of folks going on social media and sharing their thoughts about a transaction in which they are actively involved...it's crazy!  Good for you in shutting it down.

I really hate being placed in positions like that because it is a conflict. I especially don't like it when 2 buyers want the same house because I can't represent both, so I ask whether the other really wants to do battle against me. That generally takes care of that desire, and they decide to hire me to buy something else. Whew.

Way too many people involved in our business!  Too much public info involved!

Yes if you are representing your client and have information you should share it. Loose lips have hurt the other party but it isn't your fault.

Now that was awkward! I am sworn to confidentiality but I'm beginning to realize many others are not. This is a classic topic of discussion for an Ethics Class. Not long ago I was about to list a property and everything was going swell until just a few days before the listing and my seller called to say her neighbor and best friend who never had any intention to sell just put her house on the market. The two of them were talking and comparing notes. Within 24 hours the neighbors house went under contract and mine decided not to sell. We are always tested, aren't we! 

Even worse.  As the listing agent have multiple buyers come to you and write offers unrepresented.  Now try to be impartial.  

 Good morning Hella.  Like the others have said that is an awkward position. Sadly, there are some folks who do not understand the meaning of the word "ethics".

Good morning Hella. Your post is great, I especially like the term "unhear information". You are so right, the stuff that some agents share is often way over the line.

Hi Hella-loose lips can do that and a lot more! Love your area btw