Comments on: Delisted: Bay Tech lot withdrawn from MLS

By: Just Jim

Just Jim — Fri, 19 Oct 2012 20:36:43 +0000

I heard the state was investigating.

By: Tom

Tom — Fri, 19 Oct 2012 17:44:40 +0000

Either way they need to be removed from Real Estate .

By: Doug Handshoe

Doug Handshoe — Fri, 19 Oct 2012 17:15:54 +0000

I figure following the money out of LNG will reveal the parties to this conspiracy. Banking transactions can’t be hidden.

By: Tom

Tom — Fri, 19 Oct 2012 17:09:59 +0000

Then do file the Ethics charges both at the local board and the National Realtors Association they will have to have a hearing or come up with a very good reason for not and I can’t conceive of that if prices in the MLS were changed without the owners permission. Be interestingly useful for discovery Doug.

By: Doug Handshoe

Doug Handshoe — Fri, 19 Oct 2012 16:53:52 +0000

I’ll share my disappointment that some of the people on the periphery of this did not make better decisions early on when the scandal broke here on Slabbed. I thought the school board were dupes at first instead of what appears to be active conspirators to what, at best, is a massive civil fraud and at worse, far worse.

This should have been clear cut for Ms Bunch’s new broker as well but he too set sail and the reputational damage that being done to his realty business is undeniable.

By: Tom

Tom — Fri, 19 Oct 2012 16:52:01 +0000

P. S.

Having to join the local board and National Association of Realtors to list properties in the MLS has been done for over 20 years that I know of Realtors own and operate the MLS system and it is through there code of ethics that they operate the MLS .

By: Tom

Tom — Fri, 19 Oct 2012 16:44:06 +0000

Then things have changed quite a bit since you were licensed , the Real Estate Commission can only sanction you if you are licensed however they can refer the case to the state DA if you are collecting commissions unlicensed however the caveat is if you live out of state and operate from out of state there is little they can do . Removing a Realtor from the MLS is the quickest way to shut him down and the MLS is part of the local board which in turn are members of the National Association of Realtor . If you use the Realtor logo and not a member it is fraud as well a violation of copy rights .

By: name

name — Fri, 19 Oct 2012 16:11:08 +0000

Unless things have changed in recent years you can join the MLS and not be part of the Association of Realtors. I was in the MLS for years without being in their club. I later had to join the club as the broker was taken over by a company in it.

Rules from a club are not enforceable by law. The consumers don’t know what the Association even is. They call all agents “realtors”. I know people in the LREC, I’ve been told they are constantly getting complaints from consumers who want to file complaints based on Realtor Association rules.

Being an ethical person is one thing. Being governed by rules from a private club is another. I think the laws governing agents are more than adequate. If you wish to be part of their club I have no problem with it, it just isn’t for me.

My original comment was that these companies may not be part of the club and that just because they have the R as part of their MLS logo may not mean that they are part of it. The MLS has their logos combined with the R logo in many places.

By: Tom

Tom — Fri, 19 Oct 2012 15:37:24 +0000

Sure what the heck who needs ethics, right ? You can’t join the MLS unless you are a realtor and if you violate those ethics you get removed from the MLS. It keeps professionals operating under a set of ethics also means those professionals are higher trained and educated in their jobs .

By: name

name — Fri, 19 Oct 2012 15:24:46 +0000

A real estate agent is not a “realtor”

A “realtor” is only someone who is a member of their club.