Is it ever OK to take money under the table?

By
Real Estate Broker/Owner with CastNet Realty TREC#263257

No, no, and no!!!!!                                                 Realtor logo

Under what table?  There was no table.  The client wanted to give my agent $500.00 cash in an envelope.  Nobody would know, just my agent and a client of another REALTOR(R).

He wanted my agent to sell his home quickly.  My agent had shown this man's house several times and I suppose he thought if he gave my agent money "under the table", my agent would be persuaded to give his home more attention.  Maybe he thought my agent would try to talk his clients into this man's home instead of letting them choose the home they wanted.

I don't know what this man was thinking but offering my agent money "under the table" is not acceptable.  He has made showing his home a little less comfortable for our office now that everyone knows what he was willing to do.  Under the table, under handed, understood, now uninterested.

The best thing a seller can do to sell his home is to pick a qualified, hard working agent and listen to their advice about selling the home.  DO what your agent suggests.  Price the home according to the market, make sure it is in good condition, stage it, make it available for quick showings and cooperate.  Be the owner of the house every agent wants to show.

Don't try tactics like this man tried.  It will backfire on you.  There are strong laws in place concerning commissions and agents know these laws and most would never deviate from them.  Good REALTORS(R) abide by the Code of Ethics and practice fair housing laws and fair procedures.  My agent did what was right by letting his broker know immediately and telling the man this was not acceptable.

 

 logo  

2916 Memorial Blvd           Kerrville, TX  78028      (830)257-2520    www.reretx.com 

Comments (14)

Lenn Harley
Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate - Leesburg, VA
Real Estate Broker - Virginia & Maryland

That seller is history. 

Apr 12, 2014 06:59 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

You said it! :)

Apr 12, 2014 10:40 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Ricki: YES. lol not really I am just kidding or am I? Yes I am kidding or am I? Most certainly I am kidding. I think. Yes now I am positive. 

Apr 13, 2014 11:00 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Hi Alan, yoU are so funny!  I wonder how many people don't want to answer this question :)  I thought this would invoke lots of comments and voila! surprise! :)

Apr 13, 2014 11:21 AM
Yolanda Cordova-Gilbert
Richmond, TX

Ricki,

 NO NO and NO! I hope you are having a good week, as I said in my blog last week we usually have one more freeze and I was right wish I wasn't!

Apr 14, 2014 07:30 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

you were right alright, gonna get mighty cold this evening. brrrrr :)

Apr 14, 2014 10:09 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Ricki:

I have to agree with you. I thought you would get tons of comments on this. So let me see if we can remedy that. Suggest  "I carry great weight with the powers that be at AR or Trulia or whatever."

Apr 14, 2014 11:33 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

I know you do! :)

Apr 15, 2014 01:50 AM
Charmaine Ottinger
Ricki Eichler Real Estate - Kerrville, TX
Ricki Eichler Real Estate

PEOPLE NEVER CEASE TO AMAZE ME!  Believe it or not, there are some things "Money" can not buy!  Kuddo's to the Agent! And SHAME on that Man!

Apr 17, 2014 06:53 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Thanks for the comment Charmaine!

Apr 18, 2014 01:06 AM
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

Ricki: So intersting story, I have never had this kind of thing happen until this past week. Your post was timely, I may share more in a members only post. Have a great week. 

Apr 18, 2014 11:57 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Interesting indeed!  Some things never cease to amaze me.

Apr 18, 2014 12:12 PM
Joni Bailey
101 Main St. Realty - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

The best thing a seller can do to sell his home is to pick a qualified, hard working agent and listen to their advice about selling the home.  DO what your agent suggests.  Price the home according to the market, make sure it is in good condition, stage it, make it available for quick showings and cooperate.  Be the owner of the house every agent wants to show.

I love what you said above! It wouldn't let me put quotations around it but my first thought when I read what you wrote was EXACTLY! You nailed it!

Apr 21, 2014 02:42 AM
Ricki Eichler McCallum
CastNet Realty - Corpus Christi, TX
Broker,GRI,ABR, e-Pro, TAHS

Thanks Joni!  It is amazing what some people will do.

Apr 21, 2014 10:17 AM