http://realonomics.net/2008/04/remember-marty-ummel/ real estate business models in the consumer-centric era Wed, 20 Aug 2008 16:44:10 +0000 http://wordpress.org/?v=2.6 http://realonomics.net/2008/04/remember-marty-ummel/#comment-20383 Don Leonard Sun, 20 Apr 2008 18:48:25 +0000 http://realonomics.net/?p=264#comment-20383 Did anyone go on the "Today" show to explain the farce now that Little, (and realtors in general), had been humiliated in front of millions of people? Did anyone go on the “Today” show to explain the farce now that Little, (and realtors in general), had been humiliated in front of millions of people?

]]> http://realonomics.net/2008/04/remember-marty-ummel/#comment-19791 Paul Howard Fri, 18 Apr 2008 13:21:01 +0000 http://realonomics.net/?p=264#comment-19791 Marty Ummel sued her agent because he didn't give her all the comparable sales data. The jury said that was not a violation of law. Indeed, the standards of practice and Code of Ethics of the National Association of Realtors does not require its' agents to give 'comps' to buyers. The only national association of real estate agents that does require that by their code of ethics is the National Assoication of Exclusive Buyer Agents. (NAEBA.ORG) Those agents are also members of NAR but their organizations standards are somewhat higher so using one of their members may help protect a buyer while relying on the law or NAR's ethics code will not. Paul Howard Marty Ummel sued her agent because he didn’t give her all the comparable sales data. The jury said that was not a violation of law. Indeed, the standards of practice and Code of Ethics of the National Association of Realtors does not require its’ agents to give ‘comps’ to buyers. The only national association of real estate agents that does require that by their code of ethics is the National Assoication of Exclusive Buyer Agents. (NAEBA.ORG) Those agents are also members of NAR but their organizations standards are somewhat higher so using one of their members may help protect a buyer while relying on the law or NAR’s ethics code will not.
Paul Howard

]]> http://realonomics.net/2008/04/remember-marty-ummel/#comment-19699 Broadcast San Diego » Can You Believe It? Fri, 18 Apr 2008 00:19:24 +0000 http://realonomics.net/?p=264#comment-19699 [...] Ummel recently purchased a home in the San Diego area and sued her agent. Click here to read the full [...] [...] Ummel recently purchased a home in the San Diego area and sued her agent. Click here to read the full [...]

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