REALTORS Excoriated In Atlanta

Sounds like Realtors need to purchase a prepaid legal plan from me......

umm... some one need to man up.

that just can't happen.

looks like you're 'on a roll'... and yes, the link would be great. Thanks!

Here's the link.

I think that is crazy.  They cited Rick Hale, an agent who used to be in my office.  It says he actually paid the $3300 fine.  It was on a $12,000 listing with an unpaid $150,000 water bill.  Who's going to take on those listings now?  I surely wouldn't.  I guess it will be better with the homes sit there and deteriorate over a few years.

This is just an example of how messed up the city government is in Atlanta.  What a joke.

Agents who take on the responsibility for foreclosed properties are accountable to the lender to maintain the property. It is in the listing agreement they sign.   So if there are letting the property fall into disrepair, let the yards grow wild and are not doing the required property checks then they should be held accountable.  Maybe this will be a wake up call to agents to do what they signed up to do with the lenders and if they can't then they need to get out of the foreclosure business.

How can the Realtors be held liable for the condition of someone else's property?  It would be the same as holding the mayor personally liable for a pothole in the street causing a car accident.  Or an attorney being held liable because his client punched the judge in the nose. 

I have to agree that agent need to take some responsibility's for their listings. If you take a foreclosure listing you take on the responsibility on behalf of the bank and if you mange the listing don't take it .

We as agents have to stop sticking our sign in a yard and expect a check and nothing else 

Doesn't seem really legal to me.