September 2010 RCDs
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About The Author
ft Editorial Staff
is the writing staff comprised of legal editor Fred Crane, In-House Broker Consultant Fernando Nunez and writer-editors Connor P. Wallmark, Giang Hoang-Burdette, Jeffery Marino, Carrie B. Reyes, Sarah Cantino, Matthew Taylor and Matthew Shade.
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No failure to disclose when information is not known
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![Covenants-conditions-and-restrictions1[1]](http://firsttuesdayjournal.com/wp-content/uploads/Covenants-conditions-and-restrictions11-106x75.jpg)
Enforcement of CID CC&R’s arbitration clause available only to owners
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![iStock_000006162498Medium1[1]](http://firsttuesdayjournal.com/wp-content/uploads/iStock_000006162498Medium11-106x75.jpg)
Landlord not liable for tenant’s lost business during renovations
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UD move-out settlement avoids local rent control ordinances
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Apartment owner’s opposition to tenant’s child care business is not retaliatory action
Help me make sense of recent events
As a Realtor, I have made numerous offers on behalf of my client to purchase more than one property in short sale or reo.
The agent representing the short sales misrepresented facts about the property and the bank position towards offers. Our written offer was not submitted and ignored as the agent tried to double commission
The
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Trying to submit written offers to Reo agents is near impossible
Many don’t put listings in the MLS. Seeking instead to advertise on other public sites and not exposing listings to Realtors or offering a commission. Thus listing go stale as they attempt to double pop or cut Realtor commission entirely. I try to contact the agents by phone, fax and email, but my contact and written offers are ignored.My clients are frustraited as I am. The banks seem bent upon controlling the market as the pending glut.
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Darrell, you are not alone. Some of the REO agents unfair business practices should be reported to the DRE and the DRE needs to take an action against their licenses as in revocation or suspensions. The local associations of Realtors also need to step up to the plate and kick some ass. Only then will this crap come to a resolution that will be fair to sellers and agents alike.
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