A quick follow up to my original post: I have no properties under contract right now and am still trying to build up my cash buyers list, is it ethical to put up bandit signs and such when I have nothing to market just to get serious buyers?

But there needs to be a legal/ethical way for agents to get paid IF it never closes.Why would an agent want to work for free?

I'd be interested in working with another investor to buy a house if they were ethical and legit.

I'm trying to weigh out our ethical and ficuciary responsibilities in this short sale market.

This is something that is always addressed by ethical agents.

3-Teach Your agents that Ethics/Attitude/Reputation is EVERYTHING!

I've always suspected this thing goes on in sealed bids, but didn't know there was a term for it.....Ray (and anybody else here).....regarding Realtors and their "ethics"First off, let me say this...I realize I'm painting with a rather large brush here, and this isn't representative of all realtors, just some I've met.

As licensed Realtors, we have to abide by a Standard Code of Ethics because we, as Realtors, strive to maintain a positive image and a healthy reputation for other Realtors.

I have always tried to live as ethically and morally as possible.

There seems to be a severe lack of ethics in this business, but it probably extends to the country at large.Hopefully karma has its way of working things out, because I can't afford to fly to different parts of the country just to punch people in the face for ripping me off.