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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] I fully agree. Posted by Bob on April 04, 2004 at 4:33 PM In Reply to: Bumbling is no excuse... posted by Ward-CA- on April 04, 2004 at 2:39 PM : : How would a selling agent that is working with an investor to buy a home that is listed in the MLS know that the property is in NOD stage until they receive the prelim. at which time the escrow may have been open for some time..... : =========== : Bob, : Agents find out what's going on in their world the same way any other regular citizen has to figure things out. : Statutes aren't passed, just to apply to the cognosenti. Ward, I fully agree with you. If any listing is taken and the agent fails to determine if the property is in default and they do not comply with the statue then the listing agent, selling agent and buyer (if buyer is not going to live in home) should be subject to the penalties perscribed in the statue. They might not like it, especially a first time investor just shopping through the classified section of the paper looking for his first rental. I would hope that in the licensing preparation for agents and brokers these statues are covered, if not, they should. Thank you. Follow Ups: Thats a laugh JK 8:45 PM, 04/04/04 (0) Post a Followup: Name : E-Mail : Subject : Comments: : : : How would a selling agent that is working with an investor to buy a home that is listed in the MLS know that the property is in NOD stage until they receive the prelim. at which time the escrow may have been open for some time..... : : =========== : : Bob, : : Agents find out what's going on in their world the same way any other regular citizen has to figure things out. : : Statutes aren't passed, just to apply to the cognosenti. : Ward, : I fully agree with you. If any listing is taken and the agent fails to determine if the property is in default and they do not comply with the statue then the listing agent, selling agent and buyer (if buyer is not going to live in home) should be subject to the penalties perscribed in the statue. They might not like it, especially a first time investor just shopping through the classified section of the paper looking for his first rental. I would hope that in the licensing preparation for agents and brokers these statues are covered, if not, they should. Thank you. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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