Ethics
I have since learned my lesson, to not be so forth coming with information. this happened about 8-10 years ago.
Some friends of ours had a friend who was selling a large piece of property...It was not on the market. We decided to go in with them and develop it. Meanwhile, while we were negotiating with the owner. Our realtor called me about a house that was just listed. I told him, acutally, we are in escrow right now on a piece of property. He asked where, I told him, and told him it wasn't on the market. He asked me how much and details about the property.
We never got the property, they ended up selling to someone else. months later I ran into this realtor and asked him if he knew anything about that property. He got all quiet and red faced and said. Oh, the company I work for bought it. He never told me that he was working for huge land developer in town. So basicall, he took the info I gave him, and went and scooped the property from us!
Can he do that?