WOW...RESPA...

By
Real Estate Agent with Keller Williams Client's Choice

Well, I went to a RESPA class today, very informative, but good gosh....scary stuff.... The scenarios went on and on. First offense is $10,000 and perhaps some jail time. Second offense can result in up to  $50,000 and jail time. Notice I am saying AND JAIL TIME, NOT OR JAIL TIME....

Another interesting fact, that the majority of complaints on the books right now are not consumers complaining about us, but our own fellow settlement service providers, filing complaints about each other....

Conclusion, a law gets passed to protect consumers, and yet the nature of laws being what they are,  the pendulum swings to limit good marketing skills,  a tool gets invoked to curb our human-nature-like-jealousies, and we are left to ponder  whether or not to drop off Starbuck cards to past client, other service provider, who may or may not have referred a client in our direction!...Help me out here, what do you think?  

 

 

 

 

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