File notice lis pendens on the subject property to protect his rights as broker.
Secure a new written authority to sell from the heirs or their legal guardians or attorney in fact if the heirs are all minors.
Inform the prospective buyer that the registered owner has died.
Explain to the buyer the salient point of Section 4, rule 74 which be annotated in the title if ever
All of the above.
Encouraging the parties to a sale to indicate a consideration lower than the actual selling price.
Keeping a special bank account, separate and distinct from his own funds, for all the money
Disclosing his client confidential person information to a fellow broker in order to facilitate the sale of his client's property.
Delaying submission of a formal offer he had received from a prospective buyer in title hope of securing of higher offer.
None of the above.
The agency of the broker who offers the listing should be respected until it has expired and the
The agency of the listing broker should be respected perpetually in all dealings with his
The agency of the broker who offers the listing should be respected until the owner, without solicitations, offers to list with him.
The listing should not be passed to a third broker without the knowledge and consent of the listing
Encouraging the parties to a sale to indicate a consideration lower that the actual selling price.
Serving as witness in court proceedings involving a property owned by his client.
Disclosing his client's confidential personal information to a fellow broker in order to facilitate the sale of his client's property.
Delaying submission of a formal offer that he had received from a prospective buyer in the hope of securing a higher offer.
Secure detailed information from the proper government agencies as to actual scope of the projects.
Inform the prospective buyer about the forthcoming government projects and the possible effects it will have on the property.
Present the offer to the seller to signing and acceptance to ensure the consummation of the sale.
Inform the seller about the forthcoming government projects and the possible effects it will hve
With clients and fellow practioners.
The organization to which they belong.
The general public.
The general public.
He should pledge himself with utmost fidelity and good faith to protect and promote the interest of his client.
He should undertake to prepare an accurate appraisal report on the property subject of the listing, as part of his service to his client.
He should endeavor to be well informed of current legislation, policies and programs of the
He should endeavor to make his cleint and custo mer conclude a fair contract advantageous to both.
Secure all necessary licenses, permits and authority.
Pay any and all taxes, fees, dues, levies or charges.
Encourage, abet, tolerate, or participate in the aversion or illegal reduction in the payment of all taxes, fees, dues, levies ar charges.
Should not offer or agree to pay, split or rebate any commission or fee.
A true picture of the property and its improvements.
Its rights and interest therein, including its liens and encumbrances.
Indicate name, firm, address and license number.
Conceal relevant information and other related facts.
Acquire an interest or buy for himself or members of his family within the 4th civil degree.
Endeavor to make buyer and seller conclude a fair contract, advantageous to both parties.
Assist his client to acquire possession and ownership of the property bought in accordance with
Should not accept commission or fee from any party in any transaction except from his client
The agent agreement has expired.
The property has come to the attention of the accepting broker.
The owner, without solicitation, offers to list with the accepting broker.
Saw the notice of the property for sale and walk-in within the period of broker's agreement.
Ethics is the name we give to our concern for good behavior. We feel an obligation to consider not only our own personal well-being but also that of others and of human society as a whole.
Ethics is right for right's sake.
A code of Ethics is subservient to laws and regulations. Therefore, any act that is not any law is not
Ethics is having a high moral sense. The capacity to perceive what is right is measured primarily by the application of the Golden Rule
Asecrtain fair market value of land and evaluate cos estimate of developer.
review joint venture agreement
market the finished project.
Monitor and evaluate developer's compliance with his undertaking
Place "for sale" sign on the listed property
Cooperate with other brokers to facilitate a sale
Bind the principal under a contract to sell.
List the property on the multi-listing service.
HOUSE ON A VERY QUITE NEIGHBORHOOD
FLOOD FREE STREET
THE VALUE OF THIS PROPERTY WILL DOUBLE IN ONE YEAR
He accepted an exclusive listing for abandoned house and lot even with his knowledge that
The proceeds to entertain prospective buyers all the while disclosing to them the crime commited
He also advertised the listing giving the exact address for an open house on one weekend.
He invites his friends to attend the open house hoping that real buyers feel that there are many
Using a roundabout route to avoid unwholesome neighborhood.
Employing a cleaning company to freshen the smell of the house interiors.
Forecasting changes from residential to commercial zoning to hint at high rates of value appreciation.
Showing another inferior property to position his listing as the better alternative.
No database of regular clients.
Expertise-some listing require higher skills or knowledge beyond their capability.
Area of operations- the location of the listing precludes proper and diligent effort to service prospective buyers.
Part time brokers cannot give full time attention to listings.
Accept commission from both seller and buyer without the knowledge of either of the parties.
Should assist the buyer to acquire possession and ownership of the real property bought in
Should see to it that bith the buyer and the seller concluded a fair contract advantageous to both.
In case of court proceeding and called upon to act as witness, should give testimonies in the most
Should share the commission as agreed upon.
Should negotiate directly without the consent of the other broker.
Should not seek unfair advantage over his fellow brokers.
Should not criticize publicly the other broker.
The sign is placed at least one meter aways from the other sign
The sign should be of the same size as the other signs
Authorized by owner
It should not exceed three signs on the property
The address of the broker is indicated on the sign.
Willingly share the lessons and experiences
Not use the service of the salesman of the fellow practioner without their knowledge and consent.
Not solicit listings currently listed exclusively with another broker.
Not pass a listing to a third broker without the knowledge and consent of the listing broker.
Put sing or notice of a property for sale without authority from the owner.
Maintain utmost confidentiality on matters not directly related to the property.
Strive to be familiar with laws and ordinances on real estate.
Discuss the negotiating position of your client with the buyer's broker to hasten the sale.
Tell your client/seller that his price is too hign and give your opinion on the fair market value of
Changes or planned changes in the zoning affecting the property.
Your opinion of future land values in the vicinity of the property.
Details of the contract.
Sale of similar property in the vicinity