Several threads recently have discussed the ethical standard of suitability in real estate.

I run my business openly and ethically, so I'm not worried about anything.

IMO it begins with an ethical conduct toward providing a service that employs a high degree of skill and/or knowledge.Seems there is a lack of knowledge that is simply compensated for by a high rate of interest and 5,6 or 10 points in making a loan decission, many seem to care less if the borrower succeeds or fails, so long as they are well secured to ensure the return of thier money with a high profit.

The ones that fit into #2 have probably had bad experiences with wholesalers who:- Were just tire-kickers and never made offers;- Made offers but often backed out of deals;- Tried to get the seller to lower the price after a contract was executed;- Made closings difficult with needing to double-close or some other non-standard transaction.I recognize there are some very good, very ethical and very successful wholesalers out there, but they are a very small minority of the total group of people who call themselves wholesalers.

I agree with your ethics about whether i would do the transaction if the commission was cut, of course i would still do the transaction.

ha haThen again, there’s nothing like keeping out from under the thumb of Uncle Sam and the IRS out of your transactions, legally, ethically and creatively.Page, work the numbers on an example like this and you'll find that the yield is phenomenal as well as your cash-on-cash return.

You can fill a contract with contingencies (which is ethically a different discussion) to make it so you will never have a bad deal.

But, in the end, the contract is between the client and the broker and the broker is on the hook for ensuring everything is done correctly, legally, ethically, etc.Generally, you would have an independent contractor relationship with your broker (you'd be the contractor).

It's not the Wild West anymore and there are laws, regulations, rules as well as ethics.

I'd also phone the California Department of Real Estate to see if the agent's tactics fall within the real estate statutes and ethics of the profession.My experience has been that larger tracts, obtained by "packaging," invariably have a "hold out" that thinks their tract is necessary for a developer to move forward.