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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jill who wrote (23431)8/20/2004 9:27:18 AM
From: TradeliteRead Replies (1) of 306849
 
<<I asked the real estate agent who was working with me if she'd manage something off the books for me, which would have probably cut the fee to about 4-5%, and she agreed>>

Are you serious? More importantly, was this so-called "agent" serious? If so, report this person to her broker and/or to state licensing authority.

Do you think it's safe to trust one penny of your money to anyone who promises to engage in state-law avoidance and tax evasion? If this agent is a sole proprietor broker herself, she can lose her license for something like that. If she works for a broker and agrees to do what you suggested outside of the broker's direct supervision and control, the broker will not take kindly to frying for her offenses and will take the agent along for the unpleasant ride.
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