Many real estate brokers also become members of the boards of buildings in which they live.
One lofty reason is their commitment to making a contribution to their community. Another is to protect their investment.
A baser desire is to raise their profile and, in so doing, snare business in the building.
But is it permissible for a building’s board member to represent a unit’s seller or buyer as agent? Many brokers will tell you that the question is a thorny one. Continue reading