Geez Helen, I don't know. What do you think?

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Re: Check with the DRE

Posted by JK on April 02, 2004 at 7:49 PM

In Reply to: Re: Check with the DRE posted by Jk (the other Jk) on April 02, 2004 at 11:13 AM

jk - It bothers me that someone acting in the capacity of a fiduciary would purchase at a price below FMV and turn around and sell it within a month for a 30% profit not to mention the commissions charged to the former owner who is/was unknowing. Even this resale is below FMV. Honestly the seller would have done better had the place gone to sale as he had purchased subject to and this was the only debt against the property.

I dont think such practices by realtors should continue.

Why do you think this could come back on us??

I try very hard to play by the rules as well as to be fair ... and it does bother me when others don't play fair.


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