I would say ethically, if he is employed with the company that he hangs his license, he is ethically obligated to run the income through his broker.

RichDo not say it is against Mass.law, It is the NAR code of ethics you contracted to follow when you became a member.

:roll: If you do it right and ethically to a qualified buyer who has a chance of performing (seek your own legal advice) you will sell it, have it refinanced and be rid of it!

(Not that I would expect everything in a real estate deal to be ethical!)

There is no universal code of ethics, so it's subjective, but in my opinion, this is certainly unethical.It's no different than walking into a grocery store, buying a box of cereal for $4.99, getting to the counter, and having the cashier say, "Oh, the $4.99 doesn't include the packaging...the total price, with the box, is $7.99."

Two other RE agents never called me back.Can anyone spoon feed me some tips on finding, interviewing, and selecting an ethical real estate professional?

I see no "ethical" reason to drop your contract sales price though.

Is this ethical and/or standard practice among investors?

Usually that reason is the person has shown a great interest in real estate investing, a desire to learn, and a work ethic and can provide something in return.

I did ask one agent if I could do that and she said no quickly so I assumed it wasn't ethical.