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unethical broker

Started by bendy
over 16 years ago
Posts: 1
Member since: May 2009
Discussion about
we fired this broker after 3 days, she was so terrible. She then listed our apt as sold on her web site as well as the comps the brokers see, so if a buyer used a broker they would think something was wrong with our apt or we were trying to flip it! she is with brown h.s. initials gg. do not use her! she is a lying, awful woman!
Response by familyguy
over 16 years ago
Posts: 167
Member since: Apr 2009

Sounds awful. I don't think I'd ever hire BHS just based on how crappy their web site is, with any luck that very crappyness will limit the damage to you.

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Response by jess
over 16 years ago
Posts: 142
Member since: Jan 2006

Isn't what she did against REBNY code of ethics? Did she represent you in a deal? If not, I don't see how she could do what she did.

http://www.rebny.com/pdf_files/Code_of_Ethics.pdf

B. Members shall not:

(2) willfully or knowingly make, circulate or transmit, or cause to be made, circulated or transmitted, either orally, in writing or by any electronic means, any statement or allegation which is untrue or which is intended or calculated to cause a false or misleading
value to be placed upon any property;

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

so are we talking about gail gross?

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Response by patient09
over 16 years ago
Posts: 1571
Member since: Nov 2008

jess: You are cherry picking codes. This is the one which they all have agreed to waive. Almost 90% of listings and 100% of agents fail this test.

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Response by jess
over 16 years ago
Posts: 142
Member since: Jan 2006

Going back to bendy's original complaint, I would think that she could go to BHS and ask them to remove her apartment information from the site, and reference the REBNY code. I sure would be pissed if an agent I worked with for 3 days did what bendy said she did.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

listen to the deafening silence.

they're all wondering (as am I) how you fire a broker with whom you signed a contract.

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Response by westelle
over 16 years ago
Posts: 152
Member since: Apr 2008

cc: you can terminate the contract at any time.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

really? "at any time?"

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Response by westelle
over 16 years ago
Posts: 152
Member since: Apr 2008

yep. It's a contract with a broker, not the seller. We've fired one broker and hired another the other week.

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

can you fire them after you have a buyer?

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Response by JohnDoe
over 16 years ago
Posts: 449
Member since: Apr 2007

I thought contracts with brokers generally involve the seller giving the broker an exclusive on the property for a period of time (usually 6 months), in exchange for the broker agreeing to market the property. I take it people are wondering how the seller got out of the commitment to give an exclusive for a period of time?

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Response by columbiacounty
over 16 years ago
Posts: 12708
Member since: Jan 2009

precisely.

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9880
Member since: Mar 2009

You guys are only seeing the latest and worst incarnation of Real Estate brokerage. While in general over the past 30 years I've found the majority of brokers to be ill informed on RE law and what their fiduciary duty was, it's nothing like today where the explosion of idiots into the field is truly overwhelming. When I first started selling Coops downtown, I think there were probably 150 of us doing it. Now, it's probably 100 times that number. And it's partly the fault of the buyers and sellers: the sellers give their listing to "cousin Fred' who just started working at XYZ Brokerage instead of the person who made every sale in the building for the last 10 years. And it's gotten to the point where there are SO many brokers that everyone has a cousin Fred. It's forced a lot of the more competent brokers out of the business and replaced them with the exact type of brokers which everyone here complains about.

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Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9880
Member since: Mar 2009

"cc: you can terminate the contract at any time"

Sure: contracts mean nothing. this is exactly the type of advice that if a broker gave it, you'd be all over them for being ................

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Response by generalogoun
over 16 years ago
Posts: 329
Member since: Jan 2009

Contracts with brokers can be exclusive or not, and for any time period agreed on, or no time period at all. I've seen many variations and don't know of any arrangement that is standard.

Even if the seller *did* breach the contract, the broker still should not have listed the apartment as sold, since she knew it was not sold. We've only heard one side of this story, and there is a remote possibility (farfetched, I know, but still possible) that the broker listed it as sold by accident. In either case, BHS has at least an ethical obligation to take the incorrect information off their website as soon as they are notified and to fix the comps list, too.

In the old days, before sharing info on the internet, no one would have been aware of what the broker did and she would have had her petty revenge. I believe brokers will eventually find that the old nasty ways no longer serve them well in this brave, new world. As we used to chant at our anti-war demos back in the day, "the whole world is watching!"

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Response by Eurocash
over 16 years ago
Posts: 124
Member since: Aug 2008

Yes, but not cool to give a dog a bad name.. and hang her!!

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