Has anyone attempted to bring Ethics Violations against a Realtor for continually making negative remarks against you?

[WestMichiganCG]

I have been on a panel twice where Realtors can ask questions of appraisers and it was well attended, however you have a few bad Realty companies that have gone as far as having a letter penned by an attorney saying that certain appraiser's can't appraise their listings or they have had the seller agree to not let the appraiser on their property. This letter has not kept one appraiser from doing their work, because the lender cannot allow the Realtor to dictate who they use as appraisers.

We've had this happen and it has kept appraisers from doing a property. I know of a commercial broker that has blacklisted appraisers and basically says that they don't care who the bank uses but they can't use these appraisers. If the bank wants the business then they blacklist appraisers. It can be good or it can be bad. One of them blacklisted appraisers because they did a poor job based on the information I received about the appraisal. We've been blacklisted for discounting lots in a subdivision on a subdivision appraisal instead of multiplying the units by the projected sales price of each lot. In other words, we did a subdivision analysis correctly and the developer didn't get the loan amount they wanted so we lost the "opportunity" to work with them in the future.

 

[JTip]

Not a Realtor yet! I am working on it, about to take the state exam. I have a business degree in real estate and been in the business for 28 years.

If you are a (dues paying) member of the National Association of Realtors then yes, you are a Realtor.

 

[apprtech]

If you are a (dues paying) member of the National Association of Realtors then yes, you are a Realtor.

Sorry, I assume we associate members since we do not have a broker or sales associate's license. We cannot list property on MLS. I agree if I am paying the same dues I should at least have the same access to the making claims against their ethics.

 

[J Grant]

OOMG you just keep beating that drum. Do not do this. JGrant is confused about the difference between underwriting and appraising. Estimate the most probable price WITHIN THE MARKET THAT EXISTS. Do get caught in the trap of saying the market has undue stimulus. Not your job to appraise the market...underwriters make those decisions.

. I've appraised close to 25 years by now which includes reviewing and am super busy - nobody would hire me if I did not understand we appraise in the market as exits. I am not confusing UW and appraising, but you might be confusing Selling and appraising.

The MV definition says the PRICE is not affected by undue stimulus. Nobody is talking about a MARKET unaffected by undue stimulus . Not even understating your own MV definition?

Some seem to confuse the actual $ price of a contract sale., with the presumed sale $ opinion developed in our appraisal. Like it or not, the appraisal SC transaction is supposed to occur at the MV definition terms, which state a price not affected by undue stimulus. Slamming me does not change that fact.

 

[Dublin ohio]

Not a Realtor yet!

Are you not a member of you local board. To be a member of the local board here. You also have to be a NAR member. A Realtor is nothing more than a member of the NAR

 

[JTip]

Sorry, I assume we associate members since we do not have a broker or sales associate's license. We cannot list property on MLS. I agree if I am paying the same dues I should at least have the same access to the making claims against their ethics.

Having a broker or salesperson license is not a prerequisite to being a Realtor.

If you pay national/state dues to the Realtor association, then you are a Realtor.

I put my salesperson license in escrow way over a decade ago, still a CR and I remain Realtor.

Perhaps you are only have MLS access, but I bet you pay dues to NAR.......just a guess.....

 

[J Grant]

OOMG you just keep beating that drum. Do not do this. JGrant is confused about the difference between underwriting and appraising. Estimate the most probable price WITHIN THE MARKET THAT EXISTS. Do get caught in the trap of saying the market has undue stimulus. Not your job to appraise the market...underwriters make those decisions.

DEFINITION OF MARKET VALUE: The most probable price which a property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller, each acting prudently, knowledgeably and assuming the price is not affected by undue stimulus. Implicit in this definition is the consummation of a sale as of a specified date and the passing of title from seller to buyer under conditions whereby: (1) buyer and seller are typically motivated; (2) both parties are well informed or well advised, and each acting in what he or she considers his or her own best interest; (3) a reasonable time is allowed for exposure in the open market; (4) payment is made in terms of cash in U. S. dollars or in terms of financial arrangements comparable thereto; and (5) the price represents the normal consideration for the property sold unaffected by special or creative financing or sales concessions* granted by anyone associated with the sale.

The MV definition states a PRICE not affected - it does not say the market has undue stimulus " The MV definition is about an individual price of a property being using the MV definition.
We address the market in the appraisal report, should get lots of attention. However, the MV definition addresses price of a single property ,

 

[norapp]

We are all humans, just have to be more diligent to look back over report before sending it in. I am 51 years old and I make mistakes, but they are usually caught and fixed before going to client. Here in our area of Florida homes are selling for more than we can find data to prove the appreciation, I just use the most up to date comparable sales. When the Realtor list the property and you meet listed price but the house sales for more than that you struggle to find sales to prove it and I will not make an adjustment for appreciation that I cannot prove.

My problem is I am not catching these minor mistakes and that makes me nervous. I need to regroup and stop booking weeks ahead. I can't keep everything straight in my head. I am losing it. Just told my main client I am not accepting anything until mid June. One or two more calls like that and I will be able to breath. The rest of the emails that come through from crappy clients I am not even answering.

 

[apprtech]

Are you not a member of you local board. To be a member of the local board here. You also have to be a NAR member. A Realtor is nothing more than a member of the NAR

I have a member number, have a lock box key like the sales associates/brokers, pay the same amount in dues, have to go to a ethics class every four years, and some of my money goes to NAR; yet never been called a Realtor.

 

[Couch Potato]

... They say fill out the form and explain why you feel they breached ethics and which one of the guidelines they failed in....

So did you follow this standard procedure for filing an ethics complaint for violating Article 15?