Quote:
Originally Posted by slipcovers
I definitely think that the bond balance should be disclosed on the listing sheet. However, it is not disclosed with MLS either so don't single out the developer.
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You are correct.
It would seem that the MLS Realtors would benefit from bond disclosure by everyone since the bond is very high on the new houses (being sold by the Developer) and much smaller or nonexistent on the pre-owned houses (being sold by the Realtors. Therefore, not disclosing the bond gives the Developer a major competitive advantage. I don't know why the Realtors haven't made an issue out of this, especially since it appears that they and the Developer don't get along.