New Law To Protect The Unprotected!

Beginning January 1 2009, the Dre can suspend or revoke a real estate license if the licensee generates an inaccurate opinion of value. (BPO or Broker Price Opinion)for a short sale of residential real property to manipulate the lender to reject the short sale to acquire a financial or business advantage, such as obtaining a listing agreement. This new rule aims to stop agents from inflating a BPO in hopes that the lender will reject the short sale, foreclose on the property and give the BPO agent that REO listing. Bill 1737. It would be an amazing thing to see our world if people really cared about customer service and just providing the best they could in the interest of the client. We all know that what comes around goes around and I would becare full of what you are doing. You may not think that you are being watched but trust me, God sees all things and you might get away with it for a while, but it will catch up with you and you are going to not like the outcome. It is so much easier to be honest and to look out for your clients knowing you did all you could to help them. With this in mind the best thing sometimes is to tell people there is nothing you can do for them at this time. And yes that would mean not making any money, but doing the right thing will always come back to reward you in the end.