Quote:
Originally Posted by Kup Kake
Did the Realtor hold a gun to the seller's head and tell him he had to sell his condo to him, or else??? Did he even twist his arm? I think not!
So what, pray tell, is unethical about this agent buying this property and putting it back on the market for more money?
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There are two schools of thought on this issue....
1....a
Realtor has the knowledge of where to price a property. Hence, the Realtor should of explained to the sellers that correct market value.
2.....A seller realized the properties value, but wanted a
fast easy sale and didn't mind loosing a little profit to remove the hassle of showings, keeping it clean or making necessary repairs, ect.....the Realtor didn't mind taking the time and bought the property as is...I would do the same thing
So unless you explain the whole story....either one of these scenerios can apply.