From time to time all of us who handle REO business are required to sign new Master Listing Agreements. If you take the time to read these things it appears to be more and more common, and especially with the larger accounts, that the listing broker is being required to assume "all liability" for the listing and "protect and defend" the provider, bank, and its employees from any liability intentional or otherwise. Like most brokers I don't mind being responsible for what I do wrong, but it just doesn't make sense that I should be responsible for what my client does wrong. Anyone got any thoughts on the matter or perhaps advice on how your firm is handling this issue.
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Who gave you this listing??