Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Travis_Bickle who wrote (78028)	5/22/2007 4:35:29 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

You would have a lot of fun talking with the in-house and out-of-house legal counsels employed by the firm I used to work for. You would also have a lot of fun talking to me face-to-face about this subject. I listed in an earlier post some of the fiduciary-related responsibilites of a real estate licensee in my state...you think the fiduciary thing is much more limited than that, based on what you posted.

To: Travis_Bickle who wrote (78028)	5/22/2007 5:20:12 PM
From: Tradelite	Read Replies (1) \| Respond to of 306849

<<Were a realtor or broker to truly function in a fiduciary capacity, the first thing he or she would do is advise the client to hire a professional investment manager.>> Pretty funny statement. I wonder how many buyers and sellers I would offend if I tried to talk to them about their entire investment portfolio, when all they want to do is sell or buy a house. I only have a license to do one thing--sell real estate--and that task needs to be done with their best (fiduciary) interests in mind if they become my clients and assign to me that ONE task. They can't sue me if they lose money in the stock market.