Division of real estate complaint
I have a legal question. Recently i had a jealous real estate agent start trouble with me. Im a wholesaler in florida and was doing a wholesale deal on a hud home. I had the house under contract with hud, and i was advertising it for sale on craigslist. well this real estate agent made a big stink about it and made a complaint on me. She was saying i was advertising on craigslist as the owner and im not licensed to sell real estate. I told her i had it under contract and will be doing a double closing. My contract states i have subject property under contract with owner of record and i intend to sell it immediately after closing with owner of record.Well now i just got a letter from Division of real estate and regulations saying i have 3 options (election of rights). Just curious if anybody has any good advice as to what i should do.
Most Popular Reply
@Account Closed
What do you think the agent did wrong Joe ?
No offense Eric, but at the very least you put your agent in a position to lose his NAID number and not be able to sell HUD homes
As far as the wholesaling issue I don't really have an opinion one way or another but HUD does not allow the marketing of their properties prior to closing. I would take the letter seriously and not ignore it.