Sentences with phrase «case of real estate salespeople»

In the case of real estate salespeople they have helped the public create millions of dollars of wealth through real estate.

Not exact matches

Given the current relaxed state of broker supervision of salespeople's Internet marketing, it's just a matter of time before we start seeing more legal cases directly involving real estate activities on the Internet.

In the third case, a Massachusetts trial court ruled in favor of the brokerage in 2013, holding that the state's real estate statute allows real estate salespeople to be classified as independent contractors or as employees controlled.

Salespeople can say they're owners of the company, which typically isn't the case in residential real estate.

An earlier Florida case had found that a brokerage's receipt of a commission potentially made it liable for its salesperson's conduct in a real estate transaction if the salesperson committed fraud, even though the transaction had involved the salesperson's separate business.

If ever you feel that you have been victimized by a commissioned sales person, be it a Realtor, a Mortgage Broker / salesperson, or a fee - for - services person like an Appraiser, a new - age real estate «fee - for - service» advisor, or even by a lawyer, under the legally defined terms of Negligent Misrepresentation, or as in Crazy Guy's case, «Fraudulent Misrepresentation», stand firm if you are morally outraged by these bullying tactics, and fight the good fight.

«In case after case, the department has to deal with the problem of real estate brokers becoming designated officers of corporations owned by salespersons or unlicensed individuals, and then not properly supervising the operations.»

What is evident from this case and is of concern to any real estate salesperson is that the entire case rests on a simple statement: «Stigma does not have to be real to be realized.»

By the way, I know personally of a case here in Peterborough whereby a newbie real estate salesperson actually sold the same house to two different buyers within forty - eight hours without signed releases being implemented re the first sale.

We as real estate professionals need to try to take every opportunity to do the right thing (in this case, pay the assumed compensation) instead of trying to wring every last dollar out of a transaction for ourselves and cheating other salespeople or clients out of their just reward.

241 DOS 98 Matter of DOS v. Himark Realty — failure to appear at hearing; cease - and - desist; duty to supervise sales associates; vicarious liability; ex parte hearing is permissible upon proof of proper service; salesperson inadvertently calls home listed on cease - and - desist list which demonstrates incompetency; broker is obligated to supervise real estate brokerage activities of its salespersons and is vicariously liable for their misconduct, limited only with regard to penalty in cases where the broker lacked actual knowledge of misconduct or did not retain any benefit derived from that misconduct; corporate broker, representative broker and salesperson each to pay $ 250 fine

Of the three court challenges — one in Massachusetts and two in California — the Massachusetts case was decided, in a trial court, for the broker, who successfully argued that his brokerage's real estate salespeople are properly classified as statutory independent contractors.

The independent contractor status of real estate salespeople recently has been challenged in three new court cases.

salespeople and offices in some cases still feel the need to belong to more than one real estate board and have to pay a duplication of fees to have access to the data they require to conduct their businesses.