Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors)

Spam prevention
Rainmaker
1,648,677
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker and Attorney Licensed in DC, MD, VA,

you ARE EXACTLY RIGHT and there should be some way of policing discussions about fees and shutting those down immediately!

May 02, 2015 10:41 PM
Ambassador
1,490,716
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

I am a Realtor not a lawyer or accountant.  

May 02, 2015 11:17 PM
Rainmaker
2,940,275
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

No one should be asking or answering questions about commission, it is against federal law. You only have to go over to Trulia to see agents after agent answering them though, i dont think they were ever trained properly.

May 02, 2015 10:50 PM
Rainmaker
982,279
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

NO COMMENT!

May 02, 2015 11:17 PM
Rainmaker
4,431,972
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thank you for your answers. Lise you can probably  answer legal questions. Great suggestion to police the questions about fees.

May 02, 2015 10:56 PM
Rainmaker
743,047
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

"Call your attorney."

"Call your accountant."

"Anti-trust laws prevent me from answering."

" and anything containing 'Realtor code of ethics' make me cringe.

And I would use the techniques taught by the past chairmen Allen Greenspan to give the pretense of an answer.

May 02, 2015 10:40 PM
Rainmaker
2,891,678
Richard Weeks
Dallas, TX
REALTOR®, Broker

I would hope tax and legal questions would be asked more for opinion, and see nothing wrong with asking.

May 02, 2015 10:10 PM
Rainmaker
4,866,628
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

there are issues that should not be discussed....period....

May 03, 2015 06:21 AM
Rainer
61,738
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I feel the same I do not answer legal or tax questions as I am not a professional in those areas.  I stick with what I know!  

May 03, 2015 05:57 AM
Rainmaker
1,520,816
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Agreed. Violation of the Sherman Antitrust Act to discuss fees and compensation rates.

Legal questions? Only your attorney or your State Board Legal Counsel should be answering legal questions. It is a matter of agency.

Tax questions? Your CPA, but don't ask the I.R.S.; you will get a different answer to the same question with each person you speak to there.

May 03, 2015 03:02 AM
Rainmaker
3,238,750
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Gita -- I avoid such questions.  

May 03, 2015 01:32 AM
Rainmaker
1,366,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Gita Bantwal Those are questions that can get you into serious trouble. Stay within your own area of (licensed) expertise.

May 02, 2015 11:27 PM
Rainmaker
4,796,451
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I agree.

Nov 10, 2018 05:40 AM
Rainmaker
629,063
Ajay Pandya
e-Merge Real Estate - Columbus, OH
Realtor Ajay Pandya

That is a good practice.

Aug 03, 2018 11:13 PM
Rainmaker
3,049,771
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Lise nailed this one!

 

Oct 27, 2017 05:01 AM
Ambassador
2,188,589
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I will answer real estate questions, but I won't talk about how much I make. If someone wants legal or tax advice I tell them to seek the advice of an attorney and tax professional. 

May 03, 2015 10:39 AM
Rainmaker
772,245
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Gita, I am just amazed that NAR hasn't received an exemption on the Sherman Act.  I find it interesting that doctors can freely limit competition and keep former doctors out of the area and that all the gas stations on the corner can have the same price, but real estate agents are a threat to free competition in The Republic.   Until things change though, MUM is the word!

May 03, 2015 08:40 AM