Can you offer services to another broker’s client?
11/19/2015 | Author: Editorial Staff
A friend told me her neighbor is having a hard time selling his property, and he isn't sure he's satisfied with his current real estate broker. Is it ethical for me to contact the seller to offer my services?
Standard of Practice 16-4 of the Code of Ethics says REALTORS® cannot solicit a listing which is currently listed exclusively with another broker. However, if you contact the neighbor's current broker and he or she refuses to disclose the nature of their exclusive agreement, you can then contact the neighbor to get this information. You can also discuss the terms of a future listing agreement, or can enter into an agreement that becomes effective once the existing agreement expires.
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