I have no doubt people can ethically do this, but, when it comes to seniors and how often they're taken advantage of, I just cringe at the thought of another shark circling them.If anyone's been close with their grandparents and seen them struggle through battling insurance companies, random thief's calling them asking for cash on and on, door to door theives saying they have mandated work needed on the house and need half up front, you'll know exactly what I'm talking about.

Also where I own a majority of my units the city has recently mandated backflow valves (fairly expensive installation) with yearly inspections (close to $50 per valve); who could have seen that one coming?. 

In Calif they are directly related:  By definition, the last sale is the MV and our Prop 13 mandates Prop Tax value = MV x 1%But the tax rate moves as the state/county need it to be, so tax bills do move.

@Brian Ewell everyone seems to think there is some law that states you can't get more than 4 loans (or 6 or 8 or whatever the FHA mandate is now).  

Virtually no one thought that the government would ever mandate LL provide rent free housing to tenants that did not pay.

Now during popular times you can mandate (based on demand) that they book 7 days.

That's why so few people do it, combine that with the unfunded mandate the government placed on landlords and you can see why almost 40 years after it was banned most multi-families still have it.

I would think they need to update their reg.s, just like some boards that try to mandate All offers be submitted to short sale banks, even after one is under contract and being processed.

Great people there.Are you a mandate for large REO/Note packages?

So simply tell the other agent your doing this too, as long as you are the one writing up the offer, taking care of your side of the transaction, and really representing yourself as your State real estate Commissions mandates in the license law.