In this case, a broker acted outside of the scope of his license and agency by representing a client in a real estate transaction under an entity that was not a licensed real estate firm in Virginia. It highlights the importance of operating within the scope of your license and firm when representing others in real estate transactions.

This case study highlights the importance of disclosing a licensee’s interest in the transaction, regardless of the role he or she plays in the transaction, and engaging in behavior that is honest and not deceptive to the public.

Glean information about escalation clauses from this article that was in accordance with the “Escalation Clauses” episode of the Caveat REALTOR® podcast, published in September 2020.

We are still hearing about REALTORS® receiving demand letters from law firms claiming that the REALTOR’S® website is inaccessible to those with visual and hearing impairments. In a new twist, however, some of these letters request that the REALTOR® call the law firm directly to discuss the problem.