Quote:
Originally Posted by CaptJohn
Sorry to inform you but part of what you have written is incorrect and is part of the confusion and myth of Realtors. Realtors are simply members of a private Realtors club. Their private code of ethics have nothing to do with the state real estate license law. They can lose their membership in the club but has nothing to do with the state real estate law unless it happens to address the same items or issue in question. They cannot lose their license by violating the club code of ethics. It is being in violation of the state real estate law that can have their license revoked if convicted by the state real estate commission.
There is no place in the Florida real estate license law where the word Realtor is mentioned except as a definition.
RE - FREC
It's time to end this confusion that has persisted for decades.
State of Florida definition of a Realtor (see page 49):
http://www.myfloridalicense.com/dbpr...AQs_102012.pdf |
I paid my dues to the state of North Carolina and was proud to have the title of REALTOR - not sales agent. They had the power to take my license if I didn't play by the club's rules. As a paying member of the MLS club I also had to play by their rules or could be reported to the state that had the power to cut me off. My point is who has the power over the sales agents in The Villages - the developer. And if they are producing they have way more latitude to say things then a REALTOR ever could.
"The terms REALTOR and real estate licensee are not synonymous. REALTORS are members of a local Board (Association) of REALTORS and the National Association of REALTORS are privately run professional organizations." Pg 10 Florida Real Estate Principles, Practices & Law 36th edition.
Why such disrespect for the profession???