When you are on a listing appointment how many times have you heard that we can not list for X amount because we owe this etc. Would having your PAR code of ethics help in this situation? In my opinion is may because according to Standard of Practice 1-3 REALTORS®, in attempting to secure a listing, shall not deliberately mislead the owner as to market value.
Would showing the client that it is against the code of ethics for you to come in and mislead them with a price either lower or higher than the market is currently dictating would put you in jeopardy of being fined or losing your license help you get the listing for what you originally suggested? I would hope that any home owner that is looking to sell would feel more comfortable with going with an agent that stands by the code of ethics and would list it with you knowing that you stand by the code and will not take an overpriced listing.
Then again is it against the code to list it for what the client wants?
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Thursday, January 6, 2011
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