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ActiveRain Expired & Withdrawn Listings Could Spell TROUBLE For You !

By
Industry Observer TN LIC# 290452

Do you have withdrawn and expired

listings posted on ActiveRain ?

Thousands of withdrawn and expired listings reside on the servers of social and professional real estate networks.

Agents find these withdrawn and expired listings, contact sellers and ask them to relist their homes.

What could happen to you if you call the seller of an expired listing who just so happens to be included in the National Do Not Call Registry ?

If the former seller you call files a complaint you and your broker can be punished.

 

You and your broker could be indicted for violating the laws governing the National Do Not Call Registry and fined thousands of dollars.

Calling expired listings which are included in the National Do Not Call Registry violate federal law and NAR's Code of Ethics.

The Preamble to the REALTORS® Code of Ethic’s requires real estate agents to be professional to customers and the public and place customers needs first at all times. 

It states, “While the Code of Ethics establishes obligations that may be higher than those mandated by law, in any instance where the Code of Ethics and the law conflict, the obligations of the law must take precedence.” 

Agents are  required to abide by all of the laws of this nation, including the laws which govern the Federal Do Not Call Registry.

Your state real estate commission may also have laws which require you to remove your expired listings from public servers, such as ActiveRain.

 

The Tennessee Real Estate Commission has stated:

Title 62

Professions, Businesses and Trades

Chapter 13

Real Estate Brokers

62-13-403

(5) "Disclose to each party to the transaction timely and accurate information regarding market conditions that might affect such transaction only when such information is available through public records and when such information is requested by a party."

 

If you have inactive, withdrawn and

expired listings on ActiveRain

or anywhere else

you should remove and delete them.

 

Review your blog roll regularly

and delete every inactive,

withdrawn and expired listing.

 

Be a Pro !

Not a Schmo !

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Time&Temp Memphis

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Comments(2)

Sam Miller
RE/MAX Stars Realty - Howard, OH
Knox County Ohio Real Estate Specialist

David, This is an interesting post and it is very thought provoking.

Jun 08, 2014 09:37 PM
David Saks
Memphis, TN
Broker / Industry Analyst

Thank you, Sam. Hope you're having a fine morning.

Jun 09, 2014 01:54 AM