Agents Online Real Estate Forums, Discussion, Realtors Marketing Tips

Follow AgentsOnline on Twitter

Click Here to display our logo on your site and link to us!
AgentsOnline Real Estate Discussion Forums Logo

Good Ideas
Nusetlock.com




REO Prep Foreclosure Listings




BPO REO Secret System




How To Advertise Here

More Good Ideas!
real estate newsletters


Real Estate Websites for Realtors




Build your brand on a Real Estate Site





Facebook
Topic Options
Rate This Topic
#145766 - 06/05/07 02:13 PM Referring Agent ethics
suwoncd Offline
Junior Member

Registered: 06/05/07
Posts: 1
My husband and I are buying a house. We are a few days away from closing. We had asked a family member of his to refer us to a real estate agent. They did and all was going well. Until yesterday when the referring agent (family member) called our real estate agent and asked for our HUD documents. We have already signed all the paperwork, so this is confusing as best. What is the ethics of referring agents asking for documents from the real estate agent? What recourse do we have?

Top
#145828 - 06/05/07 04:38 PM Re: Referring Agent ethics [Re: suwoncd]
REODayton Offline
Major Contributor

Registered: 07/27/06
Posts: 3699
Loc: Dayton Ohio
I keep on top of referrals I make, as I get a referral fee for referring out business. I want to make sure the the clients I have and refer out are taken care of. The family member may be extra cautious and looking out for your needs. Sometimes HUDs are inaccurate and need adjusted. Are you suggesting the family member is being Nosey?

If so, tell your agent not to release the HUD statement. Your agent is working for you. Your agent will then relay the infor to your family member.

Good luck with closing and Enjoy your new home !!!!

Top
#146820 - 06/08/07 04:05 PM Re: Referring Agent ethics [Re: REODayton]
Paul Oaks Offline
Major Contributor

Registered: 06/23/04
Posts: 3370
Loc: Central Illinois
Maybe the referring agent(your family member) is just making sure he gets the full referral fee he is entitled to. The HUD wil show the sales price and the commission your agent is getting.

What is your specific objection to sending the referring agent the HUD? There is no confidential information on that HUD that is not available somewhere else except possibly your SSN and you can just black that out.
_________________________
Paul Oaks
Oaks Real Estate Group

Top
#150987 - 06/27/07 03:38 AM Re: Referring Agent ethics [Re: Paul Oaks]
flash40 Offline
Junior Member

Registered: 06/27/07
Posts: 4
The referring agent is more than likely just guaranteeing that they get the alloted comission.

Like someone said, just black out your SSN it's no big deal.
_________________________
MiamiHomeMortgage.net

Top






Google Custom Forum Search

This Google Custom search may do a better job of searching the forums for some keywords than the old forum search does. The results do not include threads from the Asset Managers Forum however. To search that forum you will need to be actually in the Asset Managers Forum and you will need to use the old forum search below.
Search

Good Ideas!
real estate newsletters




How To Advertise Here

Sponsors

Newest Members
Josh Parks, rockstar45177, JLD MIAMI TEAM, DaneHooper, Will Sell Homes
21431 Registered Users
Who's Online
1 registered (KT), 140 Guests and 1 Spider online.
Key: Admin, Global Mod, Mod
Shout Box

Top Posters (30 Days)
Vermont 85
Brit16 51
KingofBPOs 47
shurdul 45
DueDiligence 43
johnnyloans 35
Averis 34
Kjmendy 34
Bigtoe 33
SoldWithVideo 32
RIzwan 30
super realtor 30
Doin' bpose 28
75Corvette 28
Scintillion 25
(Views)Popular Topics
No new orders today 4741783
I MAKE 100 COLD CALLS EVERY DAY & LOVE IT! 2692879
Stupid MLS comments. 956856
EML 458010
Evalonline 299689
What do you know about Froy Candelario, top agent in USA 290243
Land America 285007
New HUD Listing Brokers---Any Update? 268467
Mainstreet 261768
Pay it Forward - BPO/REO Tips & Tricks I & II 238902
Stupid QC comments and BPO requirements. 229388
Is there religious content in Buffini class? 225249
FARVV 177251
REOTRANS 160556
USRES / RES.NET 147658
Let's talk about our cars 147002
asset val seminar in colorado 143917
AVM Bpos 139642
FARVV 126764
PAS 118332
Featured Member
Registered: 08/01/06
Posts: 1123

How To Advertise Here


This site presented by RNC Internet Services