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The High Road: Brokers must not hide their ownership of properties they list and show
March 6, 2012(Mark: Flickr photo by by Ben Fredericson)
Visiting the open house of an Upper West Side apartment listed at well over $1 million, I overheard a buyer asking whether the broker also was the owner.
After he responded in the affirmative, I looked closely at his marketing materials. To my surprise, there was no mention of his ownership.
When I got to my computer, I look at the listing in the Online Real Estate (OLR) database, and the information wasn’t there either.
That was not only surprising, but it was a clear (more…)
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Tags:Apartments, Broker ethics, Condos, Manhattan real estate, New York City, OLR, Real Estate Board of New York, REBNY, Upper West Side
Posted in Brokers, Co-ops and Condos, Commentary, Manhattan, New York City, Real Estate, The High Road | Leave a Comment »