Comment

Comment by Bob Wienk on August 18, 2010 at 4:28pm

Brigitte:
I appreciated our discourse. Seems that whoever is now running your real estate agency is much more liberal than most regarding rules and regulations. I don't know if that will help or hinder in the future, but in general, I do not like the abundance of restrictions that bureacrats impose so I hope this trend bodes well for all you Virginia agents!

Comment by Brigitte Powell on August 18, 2010 at 11:46am

Tell him to sign on. There are so many people on here always willing to help. :-)

Comment by Edward Pham on August 18, 2010 at 11:32am

Thanks Brigitte. I actually ask for the listing agent. Pointed him to this group.

Comment by Brigitte Powell on August 18, 2010 at 11:17am

Unfortunately the listing agent is in charge and you have to ask the listing agent to escalate. The Seller did not give authorization to the servicer saying that they can talk to you....so they will most likely not speak to you. But, give it a shot and see what happens. The number to call may be in all these posts somewhere. I personally have not needed a number to call ....YET :-) Good luck and I hope it goes to closing for you.

Comment by Edward Pham on August 18, 2010 at 8:07am

Hi all, I have followed the discussion in this group with great interest and my impression is that the group members are really fantastic. I am the buyer's agent for a short sale where WF is the first lender. I would like to have contact information to escalate this transaction. The property is in Northern California. Please unicast me at [email protected]. Thanks.

Comment by Brigitte Powell on August 17, 2010 at 11:57am

Bob, I know it's hard to believe, and I was not licensed when it changed. I WAS licensed before it changed and just as you was surprised when i came back, to find it had changed. Around the same time another thing changed here. Formerly the company name always had to be larger in any advertising than the name of the agent....that has changed. The agents name can be as big as they want and the Co name can be as small as they want to make it :-) or as small as the co. will allow it to be :-). Disclosure has also changed for us....but I won't even go there today :-) have a great week

Comment by Bob Wienk on August 17, 2010 at 11:44am

Brigitte:

I am in Oregon. I believe you, but it seems strange that Virginia should be different. My wife has practiced in CA, WI, MI, IL, and OR and all those states defined and required fiduciary responsibility of agents to their client.

But I am happy to hear that at least attorneys in Virginia have high standards!

Comment by Brigitte Powell on August 17, 2010 at 11:31am

One more thing Bob......I am not trying to tell you what to do or what to believe. You asked me and I told you the way it is in VIRGINIA.

Comment by Brigitte Powell on August 17, 2010 at 11:25am

Bob.....VAR says we do not that is in Virginia. I am sure it is different in all the other states EXCEPT Florida I hear. it has nothing to do with attorneys. That is the law in Virginia. Now, you are not in Virginia are you? The attorney was quoting the law in Virginia not elsewhere

Comment by Bob Wienk on August 17, 2010 at 11:09am

Brigitte:

Regardless of what those "real estate attorneys" stated, we most certainly DO have fiduciary responsibility to our client! If anybody doubts that, try Googling the words "fiduciary responsibility of real estate agents" and then read some of the search results. I have been licensed in California, Wisconsin, and Oregon, and all states real estate agencies were pretty clear on that subject.

Once again, an example of why I dislike attorneys. How about their statement: "The agent does not owe you a duty of fiduciary care -- the high standard imposed on attorneys and trustees." Do attorneys really have high standards? Is that why they are known as "sharks"?

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