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Updated over 9 years ago,

Michiel Hart's profile image
Michiel Hart's profile image
Michiel Hart
  • from Hiram, Ohio
  • Member since May 12, 2015
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7
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2
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Michiel Hart's profile image
Michiel Hart's profile image
Michiel Hart
  • from Hiram, Ohio
  • Member since May 12, 2015
Connect
Michiel Hart
  • Hiram, OH
2
Votes |
7
Posts
Buying & Selling Real Estate

Selling real estate

Michiel Hart
  • Hiram, OH
Posted

A real estate agent forms an LLC. While previewing the new listings on the market the agent sees a bank-owned listing priced to sell quickly. The agent writes an offer on the property in the name of the LLC. The bank addendum prohibits agents from purchasing bank-owned assets. The agent's LLC buys the property. Is going about it this way ethical or unethical?

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