7,864,157
You may suffer the penalties which could include loss of your license, fines and jail.
-
John Pusa
Glendale, CA
-
Les & Sarah Oswald
Eastvale, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Setunsky
Woodbridge, VA
-
Sheri Sperry - MCNE®
Sedona, AZ
-
Roy Kelley
Gaithersburg, MD
5,061,034
It increases your liability with the potential for lawsuits and a range of penalties. Contracts might also fall apart.
-
Les & Sarah Oswald
Eastvale, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Dorie Dillard Austin TX
Austin, TX
-
Roy Kelley
Gaithersburg, MD
-
Sheri Sperry - MCNE®
Sedona, AZ
2,188,163
What Roy Kelley said. If you always put the best interest of the client first, you will never have a problem.
-
Nina Hollander, Broker
Charlotte, NC
-
Debe Maxwell, CRS
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
1,466,257
stacey wuyts We may have to visit you on Sunday's.
-
Nina Hollander, Broker
Charlotte, NC
-
Olga Simoncelli
New Fairfield, CT
-
Roy Kelley
Gaithersburg, MD
1,506,163
It's like dividing by zero. The world comes to an end. Oh and you may open yourself up for legal actions.
-
Nina Hollander, Broker
Charlotte, NC
-
Olga Simoncelli
New Fairfield, CT
-
Roy Kelley
Gaithersburg, MD
213,263
Thats one big can of whup-ass just waiting for someone to pop the tab!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
3,071,489
Nothing good!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
4,272,934
Trouble erupts!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
5,772,587
Exactly what Roy Kelley said.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
902,038
You get thrown into jail, don't go down that road!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
3,986,308
You have the chance of getting sued!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
4,177,308
stacey wuyts Legal and financial liabilities.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
5,028,171
Jeff Dowler answered your question..can't say it any better!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
4,800,132
Then the agent has not acted in the clients' best interest and has let them down and can be sued.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
4,901,858
In Texas that would be a violation of our state real estate, and of the law of agency. You could be reprimanded, fined, loss of license, or a combination of these 3.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
3,988,013
It is legal responsibility and shouldn't be taken lightly. I would think a client could sue you and certainly fire you.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
1,955,862
I would never put myself in a situation to find out. I know that nothing good could ever come from not fulfilling fiduciary responsibilities.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
564,494
Roy Kelley has many years of experience and much wisdom...he has given a very good answer!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
3,349,554
Nothing Good happens when an agent fails to serve their client.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
5,583,328
the penalties can be stiff....
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
2,192,369
You might get sued !!!
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
716,032
The agent runs the risk of failing their agency obligations to best represent their client. This can lead to sale fails, issues connected with inspections, and potential lawsuits. The agent can be held accountable for this failure - and run the risk of sanctions with their state agency as well as code of ethics violations if they are a Realtor.
-
Nina Hollander, Broker
Charlotte, NC
-
Roy Kelley
Gaithersburg, MD
5,113,121
You could lose your license, you could be fined, and depending on the severity of the situation you could land in real estate jail.
-
John Pusa
Glendale, CA
5,254,675
I totally agree with Carol Williams - follow the letter of the law and you'll always be just fine...well, unless you have a whackadoodle client and we've all had a few of those!!
-
Roy Kelley
Gaithersburg, MD
2,684,669
Civil suit.
Possible criminal charges, depending upon the infraction.
Disciplinary action from the Real Estate Commission.
-
Nina Hollander, Broker
Charlotte, NC
3,742,070
You need to look at your state laws. Some jurisdictions have changed the laws to eliminate the concept of fiduciary responsibility and replaced it with other standards. Whatever the law is, it never hurts to keep the old fiduciary obligations in mind. If you break whatever the laws are in your state, you could wind up in real estate deep doo doo.
-
Nina Hollander, Broker
Charlotte, NC
4,319,773
stacey wuyts - violation of code of ethics may lead to litigation.
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Nina Hollander, Broker
Charlotte, NC
1,241,879
Legal obligation-that is most important. Did you deliver the agreement? Did they get the home or sold?
Some people take advantage of the opportunities when people feel they are not getting their money worth. Granted RE is a biggest investment. People often expect more than they are entitled. This is when an agent needs to draw the line.
-
Roy Kelley
Gaithersburg, MD
6,418,755
I hope to never find out.
Will just keep focusing on the positive and take my example from the good agents.
5,877,915
2,224,473
You open yourself up to complaints with your state real estate commission, and take the chance of getting sued.
864,708
Transaction might fall apart, lawsuits, fines, de-licensed and it will ruin your reputation.
Clients first...
1,617,916
1,712,776