Law VIOLATION – For Sale Sign with No Listing Agreement
PLEASE be aware; If a licensee attempts to sell real property without a listing agreement, they are in violation of the law.
Civil Code section 1091 requires a written agreement to sell property for another. It states, “An estate in real property, other than an estate at will or for a term not exceeding one year, can be transferred only by operation of law, or by an instrument in writing, subscribed by the party disposing of the same, or by his agent thereunto authorized by writing.”
Likewise, if the “for sale” sign falsely indicates the licensee can legally sell the property, the licensee would be engaging in substantial misrepresentation, violating Business and Professions Code section 10176(a).
Violation – When Farming Goes Too Far: Expired Listings and CRMLS Rule 12.11
What many agents don’t realize is that contacting a seller because their listing has either expired or canceled in the MLS is a violation of CRMLS Rule 12.11
