Pocket Listings: An Ethical Conundrum

Blog Contributor Business Challenges, Code of Ethics, ethics 3 Comments

By Dale Swanton You’ve no doubt heard the term “exclusive” or “pocket listing,” referring to a listing that is not promoted on the MLS but is marketed to the listing agent’s brokerage only or to a select group of “in-the-know” agents. Although not illegal or even unethical in and of itself, the practice is rather controversial as it often puts …

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Fiduciary Duty

Blog Contributor Business Challenges, ethics, Helpful Tools, Professional Development 1 Comment

By Jennifer Klein The current real estate market is tricky to understand. In this video with Steve Ostrom, we discuss who is obligated to whom, both in a short sale and in the case of bank owned homes.  Understanding who our agreements are with as agents will help buyers better navigate the market. Jennifer Klein is a REALTOR® in Northern …