Misrepresentation and Fraud

By
Education & Training with Rowlett Real Estate School

The law allows an agent to enthusiastically describe the value of real estate and or the potential of the property. -A Licensees may not exaggerate, conceal or misrepresent by making statements  they know to be untrue.

 Puffing is a term used to describe a licensee's boasting of a property's benefits.

Example:

"The apartment has a fantastic view" is puffing because the prospect is clearly able to assess the view and the statement is an opinion. "The apartment has a fantastic view of the lake" When in fact the lake is not visible from the apartment, makes the statement untrue and would be illegal misrepresentation

Information is courtesy of Rowlett Real Estate School LLC and Captain Wayne Rowlett.

For information on our classroom courses and online courses visit our website at www.rowlettrealestateschool.com Check out our website for a full line up of Online real estate courses including our traditional Live Classroom Training.

We have live classroom training for our Pre Sales Associate Class in Panama City Florida and in Destin Florida every other month.

P.Stone, RRES

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Rowlett Real Estate School

Captain Wayne Rowlett Real Estate School


For infomation on Rowlett Real Estate School and our classes in Panama City, Fort Walton, Pensacola and Destin, visit our website at www.rowlettrealestateschool.com .  Or give Captain Wayne a call at 850-547-1333

Rowlett Real Estate School is a full service Florida Real Estate School offering classroom training in Panama Ctiy Beach Florida and Destin Florida, Fort Walton Beach and Pensacola.  We offer a full line up of courses online and in classroom for all your Sales Associate and Broker real estate license requirements.
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Comments (3)

Bruce Parker
RE/MAX Best - Highland Park, NJ

We had the FBI do a half day at the last Instructors seminar in NJ. Wow are there alot of bad people out there!

May 28, 2011 05:13 AM
Bill Gillhespy
16 Sunview Blvd - Fort Myers Beach, FL
Fort Myers Beach Realtor, Fort Myers Beach Agent - Homes & Condos

Hi Wayne,  And now if we could get some of our elected officials to adher to this same standard !   Have a terrific Memorial Day Weekend.

May 28, 2011 05:27 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

The FBI should have many successful cases with all of the fraud involved in short sale transactions.

I hope you are having a great weekend!

Blooming for you!

May 29, 2011 09:04 AM