Monday, May 18, 2009

Sample of Possible Citations

Citation Schedule

 

ARTICLE 3: Attempt to change offer of compensation after

being made aware of signed offer to purchase.

 

Failure to disclose existence of dual or variable rate

commission.

 

Failure to disclose existence of accepted offers to

cooperating brokers.

 

ARTICLE 4: Failure to disclose REALTOR® interest

in property being bought or sold.

 

ARTICLE 5: Providing professional service without

disclosing interest in property.

 

ARTICLE 6: Accepting any commission, rebate or profit

on expenditures without client's knowledge or consent.

 

ARTICLE 12: Failure to present a true picture in

real estate communications and advertising.

 

Failure to disclose professional status

in advertising and other representations.

 

Failure to disclose compensation from 3rd party

for services provided free to a client.

 

Advertisement offering to sell/lease property

without authority of owner or listing broker.

 

Failure to disclose name of firm in advertisement

for listed property.

 

Failure to disclose status as both owner/landlord

and REALTOR® or licensee when advertising property

in which REALTOR® has ownership interest.

 

Falsely claiming to have "sold" property.

 

Registration or use of deceptive URL or domain name.

 

ARTICLE 14: Failure to cooperate in any professional

standards proceeding or investigation.

 

ARTICLE 16: Use of terms of an offer to modify listing

broker's offer of compensation.

 

Placement of for sale/lease sign on property without

permission of seller/landlord.

 

 

 

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