When I wrote about proposed new advertising rules for real estate brokers, I was unable to find specific penalties.
Now Whitney A. Clark of the Department of State has enlightened me with a response to my search for answers, and the good news is that virtually all violations of New York Real Property Law can produce the same costly punishments. Continue reading
(flickr photo by Taran Rambersad)
I somehow came across an unsigned ad on Craigslist begging for referrals:
I am a real estate agent. I offer a referral fee to someone that is well connected and may know people looking to rent an apartment in the city.
Maintaining that “I honestly believe in collaboration as oppose [sic] to pure competition,” this agent says he’ll pay 15 percent for up to $2,690 in monthly rent and 20 percent for more expensive apartments. The advertiser continues:
Payment will be done through Paypal.
After you contact me, I will email you the link to my personal and corpotate [sic] website and all my contact information.
We should also discuss details over the phone.
Well now, that’s what I call Continue reading
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