{"id":2968,"date":"2008-04-14T05:44:28","date_gmt":"2008-04-14T12:44:28","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=2968"},"modified":"2008-04-14T05:48:09","modified_gmt":"2008-04-14T12:48:09","slug":"its-1000am-do-you-know-where-your-realtor-is","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2968\/its-1000am-do-you-know-where-your-realtor-is\/","title":{"rendered":"It’s 10:00AM; Do You Know Where Your Realtor Is?"},"content":{"rendered":"

\"Real<\/h1>\n

Do you know that the Realtor who you have your house listed with is actually still earning their living as a Realtor? That was the concern recently voiced and posed to us by a concerned agent in Poinciana, Florida.<\/p>\n

“In Central Florida, for example, over 50% of real estate agents are not actively working their listings. (That’s an approximation based on the number of agents who never return my calls and\/or are know to now have full-time jobs doing something else.) Seems to me that there is something inherently unethical about REALTORS who don’t disclose to their customers that they aren’t working full-time to sell their properties.”<\/em><\/p>\n

While I understand that this agent is probably a bit frustrated with her Central Florida colleagues and may be embellishing a bit, this comment gave me reason to ponder the implications of her statement.<\/p>\n

A real estate agent approaches a homeowner and seeks to obtain a listing, prepares a listing presentation, and obtains a listing, all the while knowing that they will only be working part-time to sell the homeowner’s property. The homeowner, of course thinking they are hiring a professional, would probably not think to ask this “professional” if they are only in the game on a part-time basis.<\/p>\n

Obviously this is not something the part-time “professional” is going to offer or disclose willingly, so therein lies the dilemma. Is there an inherent misrepresentation if an agent does not inform the homeowner that they are not earning enough of a living as a real estate agent and is not a full-time agent?<\/p>\n

Does the homeowner have the right to know in order to make a fully informed and properly represented hiring decision that could possibly involve the signing of a binding contract?<\/p>\n

In reviewing the National Association of Realtors Code of Ethics there seems to be some evidence to support the notion that an agent should indeed inform a homeowner of their status as a part-time agent.<\/p>\n

Article 12
\nREALTORS\u00ae shall be honest and truthful in their real estate communications<\/font><\/em><\/strong> and shall present a true picture in their advertising, marketing, and other representations. REALTORS\u00ae shall ensure that their status as real Read more<\/a><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Do you know that the Realtor who you have your house listed with is actually still earning their living as a Realtor? That was the concern recently voiced and posed to us by a concerned agent in Poinciana, Florida. “In Central Florida, for example, over 50% of real estate agents are not actively working their […]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-2968","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8579,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/8579\/can-a-realtor-truly-be-a-consumer-advocate\/","url_meta":{"origin":2968,"position":0},"title":"Can a REALTOR Truly be a Consumer Advocate?","author":"Thomas Hall","date":"June 1, 2009","format":false,"excerpt":"My query is sincere.\u00a0 But first, I want to make a distinction between a REALTOR and a licensed real estate agent.\u00a0 NAR tells consumers to seek the counsel of REALTOR - in fact, make sure they are working with a REALTOR, leading consumers to believe that a licensed real estate\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2790,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/2790\/rate-your-realtor%c2%ae-why-are-agents-scared-anyway\/","url_meta":{"origin":2968,"position":1},"title":"Rate Your REALTOR\u00ae – Why Are Agents Scared Anyway?","author":"Dave Phillips","date":"March 17, 2008","format":false,"excerpt":"I\u2019ve had little luck selling the idea that REALTORS\u00ae should embrace an Internet rating system.\u00a0 Local associations, individual REALTORS\u00ae, other association executives, NAR, and even other bloggers have rejected the idea of allowing clients to rate their agent.\u00a0 Twice last week I pitched it to influential leaders in the industry,\u2026","rel":"","context":"In "Dirty Laundry"","block_context":{"text":"Dirty Laundry","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dirty-laundry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6776,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/6776\/ask-the-bloodhounds-what-are-your-top-recommendations-for-a-realtor-just-starting-out-in-todays-market\/","url_meta":{"origin":2968,"position":2},"title":"Ask the Bloodhounds: “What are your top recommendations for a Realtor just starting out in today’s market?”","author":"Greg Swann","date":"January 31, 2009","format":false,"excerpt":"An email from Nicole Ford, a newer agent working on the Gulf coast of Texas:Hi Greg, \u00a0 I'm a new agent (started in July)\u00a0and have recently started reading the Bloodhound Blog. First, I want to say thank you for providing such an incredible resource. Second, I have a question that\u2026","rel":"","context":"In "Flourishing"","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":660,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/660\/dual-agency-smack-down-real-estate-in-real-life\/","url_meta":{"origin":2968,"position":3},"title":"Dual Agency Smack-Down: Real estate in real life . . .","author":"Greg Swann","date":"February 18, 2010","format":false,"excerpt":"Kicking this back up to the top. I wrote this on November 19th, 2006, but nothing has changed since then. But, as it happens, our friends at Agent Shortbus have taken up the topic of dual agency, albeit without reference to anything rigorous or dispositive. We have a whole category\u2026","rel":"","context":"In "Dual Agency"","block_context":{"text":"Dual Agency","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dual-agency\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4319,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4319\/rate-a-realtor-is-for-ding-a-lings\/","url_meta":{"origin":2968,"position":4},"title":"Rate-a-Realtor is for Ding-a-Lings","author":"Galen Ward","date":"September 11, 2008","format":false,"excerpt":"Techie agent types have probably googled their name (or the name of a competitor) only to find a agent review website that says something like: Barbie Baker is a San Diego real estate agent. Barbie Baker has no reviews. Click here to review Barbie Baker. If you're uncommonly lucky, you'll\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1458,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1458\/faking-it\/","url_meta":{"origin":2968,"position":5},"title":"Faking It","author":"Lani Anglin","date":"May 22, 2007","format":false,"excerpt":"I just wanted everyone to know that I am the \"Top Blogger.\" I also host the \"Fastest Growing Blog\" in America. I have the \"Highest Reader Satisfaction On The Web,\" and I was voted the \"Best Wife In The World.\" There, I said it. What's that you say? How can\u2026","rel":"","context":"In "Marketing"","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=2968"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/2968\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=2968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=2968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=2968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}