Act of robbing agents.

Real Estate Broker/Owner with 1st Crown Realty Corporation 503-512-6200 OR 201212528, WA 19555

What do you do when a broker goes rogue? Go balistic? Turn over to the authorities? There is a case of a broker with about 100 agents who gets agents commisions and do not pay them. The state real estate commission takes up to six months to institute an investigation and the perpetrator is long gone and set up another shop.

The issue I believe is one of ethics ad criminal character and intent. How would you address this situation?

Comments (4)

C. Lloyd McKenzie
Living Albuquerque - Albuquerque, NM
Living Albuquerque

It's time to do a manhunt

Jun 06, 2011 03:05 PM
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

Time to be your own Broker. Odds are you won't run out on yourself. Lawyer up and see where it goes.

Jun 06, 2011 03:16 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Wale, there is no place for that in any business.  Hope they catch up with him, and put him away for a long time.

Jun 20, 2011 12:47 AM
Karma's Little Bird

What comes around goes around. Speaking as someone who did a lot of work for YOU and never got paid. Led to really rough times for me personally, but I appreciate the lesson. So good to hear that Karma's got it's eye on you, dude! Stay robbing, Wale.

Dec 06, 2019 06:42 PM