Hello,
My name is Scott Gormley,
Broker/Owner of Oak Valley Mortgage and I thank
you for considering Oak Valley Mortgage to
represent you in one of the largest decisions of
your life! I graduated from Chico State
with a degree in Business and Marketing. I was the 2006
Chairman of the Chico Association of Realtors Affiliate Committee
and member of the Chico Chamber of Commerce. I am
committed to our community through fundraisers
and events in appreciation for what Chico offers
in return, a great lifestyle. Feel free to look around our website
and contact us with any questions you may have.
There is a lot of valuable information within the site
that will benefit potential home buyers, home owners, investors
and Realtors. I am committed to providing the best
service available to our clients. Oak Valley
Mortgage's mission is to become the only company
you will need to finance your future.
California REALTOR® Trying to Sell Their Own Home to THEIR CLIENT....HELP!!! pThis is a new topic for me. I have a client that I have Pre-Approved for a home loan that has been looking at properties with his Realtorreg;. The last offer fell out of escrow, because the home didn't appraise to the contract price. NOW....My client's REALTORreg; is trying to sell her own personal property to him. I'm lost...../p pQuestions...../p p1.) Wouldn't this be considered an Arm's Length Transaction?/p p2.) Is this action acceptable under the REALTORreg; Code of Conduct?/p p3.) I would imagine it would need to be disclosed..Correct?/p p4.) Would another REALTORreg; in the office (or the Broker of Record) be better off taking the listing or representing the client?/p pTo me, it seems illegal and a conflict of interest, when the seller is seeking the highest selling price and the buyer is looking to pay as little as possible for the home./p pWhat say you Rainers?/p pIt's been a while since I've been in the rain it it feels nice to feel it upon my facenbsp; :)/p
