2,684,769
Commingling funds.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
-
Steve Penner
Winnipeg, MB
-
Byron K . Jones
Coatesville, PA
-
Eve Alexander
Tampa, FL
4,907,547
Handling of other peoples money.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Tony and Suzanne Marri...
Scottsdale, AZ
-
Lyn Sims
Schaumburg, IL
-
Steve Penner
Winnipeg, MB
5,583,328
I only know one agent who lost her license for 6 months.... she was dismissed from an office and changed the expiration date on her listings in the mls.... and took them with her... the broker/owner was an attorney and hauled her but into court.... those listings belong to the office not to the agent... and he won....
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Steve Penner
Winnipeg, MB
1,057,664
Trust fund irregularities . . . AND speaking/acting FOR their client instead of ON THEIR BEHALF.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Lyn Sims
Schaumburg, IL
-
Steve Penner
Winnipeg, MB
613,494
If you lie, cheat and misrepresent and not pay your referral fees...you will get a slap on the wrist.
Mess with the escrow money and it is a different story...
Eve
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Lyn Sims
Schaumburg, IL
-
Kevin J. May
Hobe Sound, FL
1,466,257
Cade Grosskreuz Agents through misrepresentation and Brokers through commingling of funds.
-
Debe Maxwell, CRS
Charlotte, NC
-
Jerry Newman
San Antonio, TX
-
Nina Hollander, Broker
Charlotte, NC
-
Steve Penner
Winnipeg, MB
2,222,281
I agree with Fred Griffin
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
1,292,269
Fraud and property management errors.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Lyn Sims
Schaumburg, IL
1,153,794
Mishandling of escrow monies is probably still the #1 cause of a serious disciplinary action including loss of license. Oh, and there will be fines.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Steve Penner
Winnipeg, MB
2,195,824
cheating on their spouse !
-
Debe Maxwell, CRS
Charlotte, NC
-
Candice A. Donofrio
Fort Mohave, AZ
-
Michael J. Perry
Lancaster, PA
291,507
Fred Griffin gave your be best answer
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Steve Penner
Winnipeg, MB
717,185
At least 60% of the time it is mismanagement of a client trust account.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
-
Steve Penner
Winnipeg, MB
1,598,452
Good luck, Cade.
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
2,071,025
Now you know....
-
Valeria Mola
Sunny Isles Beach, FL
-
Evelina Tsigelnitskaya
Sunny Isles Beach, FL
5,246,545
Misrepresentation and commmingling funds!
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
1,712,876
In Oklahoma number one is mishandling of money and number two is property management issues.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
4,319,873
Cade Grosskreuz - great answer from Fred Griffin.
-
Debe Maxwell, CRS
Charlotte, NC
-
Fred Griffin Florida R...
Tallahassee, FL
3,350,764
Fraud. Comingling Funds. Having sex in what was believed to be a vacant home ... but was not and sellers walked in on them doing the mattress dance. Now that is getting caught with your pants down!
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
3,988,013
Agents lose focus on the clients' best interest, take shortcuts, think about the money and do things that are illegal. It's all about the money, mostly.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
1,625,253
#1 is greed.
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
2,785,606
Lying will take you to deceit, hidden agendas, greed, and guilt in the end
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
2,073,530
I only know of one agent who lost his license, for lack of payment of state taxes.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
1,847,781
If you just learned why not tell us?
Greed, plain & simple. Thinking you are above the law.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
2,190,182
I don't think the "legal" issues that can cause an agent to lose a license is all that common in the big scheme of things. What I see most often is agents not understanding the cash flow realities of the business and getting into personal financial trouble. Not paying quarterlies is a great example then you're pretty much "scr***d at tax time in April.
-
Debe Maxwell, CRS
Charlotte, NC
-
Nina Hollander, Broker
Charlotte, NC
3,986,308
1,507,073
7,871,691
Unlawful acts are a good ways to invite trouble.
-
Debe Maxwell, CRS
Charlotte, NC
921,504
Co-mingling funds.
There it Trouble defined as violating the club rules and Trouble defined as breaking the law. Co-mingling funds is breaking the law.
There are many ways to get into trouble, but you asked for the MOST COMMON.
-
Nina Hollander, Broker
Charlotte, NC
6,425,924
5,879,816
4,968,101
716,769
Lie, cheat and steal. Do any of those three, get caught, and you'll be in deep ca ca.
4,800,132
5,258,966
4,434,177
5,117,178
To be honest, I pay no attention to those who lose their licenses. Not enough time in my day to think about it.
3,071,589
1,242,204
Hire assistants to knock on door making promises and accept money that can not be delivered.
Realtors showed homes with a revoked driver license(drunk).
3,168,234
It is so rare in my state I don't know anyone personally it happened to, but honestly the usual way is failer to take CE and pay renewal fees.
587,085