Ok, I have been listing foreclosures for a little over 3 years but here lately it seems like investors are coming out of the woodwork!
They all want a deal and most of them are shady. Do they not think we talk to other agents? I have had several bribes in these last few weeks. I tell them all the same thing-I can't accept anything.
This brings me to my question. I know we can give our clients a closing gift, but can they give us one? And what is the limit? I have had others say they want to buy me something, and I always say no.
I know several companies you are not allowed to give gifts to the AM either because it looks like a bribe for business, which I can understand but I know of an agent that he does it all the time, and he gets listings all the time! I do my best to be honest and ethical and don't get as many listings, but then these agents are unethical and get alot of listings, even past the 15 mile radius. He just butters them up. What gives?
REO business, as much as I like it, can be so frustrating.