Category Archives: Real Estate Brokers License
Real Estate Fraud
In the real estate industry, there is often a lot of money at stake. Because of this, real estate agents work hard to get the sale. However, they must abide by a code of ethics in doing so. If they do anything dishonest or unethical, they can lose their license. Real estate fraud is… Read More »
Realtor Ethics Case Involves LGBTQ+ Hate Speech
The National Association of Realtors (NAR) created a code of ethics in 2020. A complaint in Montana is the first legal test of this code. It could actually end up being a landmark legal case, as it highlights hate speech against the LGBTQ+ community. A local resident filed the complaint over the summer. They… Read More »
Real Estate Agent Vs. Broker: What’s The Difference?
Real estate agents and brokers help people buy and sell homes. Both are licensed to provide real estate services and have similar duties. Because of this, many people use the terms interchangeably, but they are not the same. The main difference relates to education. A real estate broker has gone above and beyond what… Read More »
NAR Reinforces MLS Local Marketplace Ethics Rules
In the real estate field, there is a lot of concern about disclosure and transparency. What are brokers and agents really doing for clients? What is included in the fees and what things are extra? The real estate industry can be tricky to navigate. There’s a lot of money exchanging hands. A home is… Read More »
Real Estate Agent Faces License Suspension For Forgery
Real estate agents work with legal documents and in situations where there is a lot of money at stake. Because of this, they must act with honesty and integrity at all times. When they fail to do so, they could face various forms of punishment, such as license loss and suspension. A real estate… Read More »
Real Estate Agents, Realtors, And Brokers: What’s The Difference?
If you’re looking to work in the real estate field, you may have come across several terms that relate to those who sell houses: real estate agents, Realtors, and brokers. But what exactly is the difference? Aren’t they all the same? For the most part, they have similar duties. Plus, all have to abide… Read More »
Ways Real Estate Agents Can Get Sued
Accidents happen, but in the real estate field, even a minor incident can ruin one’s career. Whether the mistake was intentional or not, it can lead to lawsuits, license suspensions, and other issues. Real estate agents have to handle a lot of details, so they’re highly vulnerable. An issue can be stressful or costly…. Read More »
Real Estate Agents Dating Clients: Is It Ethical?
People tend to meet others through their place of business. While a lot of people don’t want to mix business with pleasure, sometimes it happens. In some cases, especially for licensed professionals, it is illegal and unethical to date clients or patients. In some industries, though, there aren’t any rules prohibiting this behavior. This… Read More »
NAR Bans Hate Speech Under Large-Scale Prohibition
Ethics is a huge part of most jobs. When money is involved in a transaction, people need to be on their best behavior. That’s why many industries have laws and regulations regarding how to act appropriately with customers. The real estate industry has especially cracked down on hate speech in recent years. After a… Read More »
Realtor Loses Job Over Racist Rant
Unfortunately, racism is still alive in the United States. Individuals and corporations still discriminate against people of different colors and religions. Many are not punished for their actions, but some are. In fact, some licensed professionals even lose their jobs and licenses over racist speech. A recent example of this is a Realtor from… Read More »
