Module 03 Ethics Project - Creative Issues

Module02EthicsProject-TrendingIssues.pptx

Trending Issues

Steering

Pushing Clients into a particular investment or property for my own benefit and not the clients

Pushing Clients towards an area or market based on my own personal prejudices and not the client’s

To Avoid Steering it is based to focus on the property or investment in relation to your client's personal needs only.

Full Disclosure

Failing to Disclose property defects like a poor foundation on a property.

Hiding infromation about the property or overstating facts for example saying a house is older or newer than what it really is

Saying features of the house are better than they really are for example saying the property has real wood floors when it really has vinyl flooring.

Fully Disclose all features and infromation of the property to avoid in conflicts with full disclosure.

Bad Deals

Realtors purposely trying to get sellers or buyers to walk from a deal so they can save the deal for themselves.

Realtors purposely trying to get sellers or buyers to walk from a deal so they can save the deal for a family member.

Realtors charging unfavorable commission rates to different people based on their own prejudices.

Best way to avoid bad dealing is to always to what is in the best interest of your client.

In House Deals vs Outside Deals

Giving priority to deals in house vs Outside deals

Telling buyers and sellers what the outside offers are so they can make a better offer.

Ignoring Outside deals altogether

Treat every deal the same and be fair to al parties involved

Citations

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