Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 9 years ago,
Switching Agents and Procuring Cases
Hello,
I'm switching my current broker. I'm interviewing a replacement. This is a hypothetical question.
What if I submit a bid on a property I saw with a prior agent? I will certainly notify my current buyer's agent of my previous bid or visit to a place. The last thing I want is legal trouble.
However, is there a time-frame one should ethically wait? A week, a month, or a year? Can issues arise even after several months? Am I eternally bound to an agent that showed the property?
I read about procuring cases and they are not fun. I don't want any part on that.
http://realtormag.realtor.org/law-and-ethics/law/a...
I think the right thing to do is to split the commission, but who am I to tell a buyer's agent what to do with their money?
Thanks,
Frank