4 ms·

Real estate agents shouldn’t be permitted to own anything other than a primary residence in any region they are licensed in. Or they should be required to use a

by sidlls 6y ago

Real estate agents shouldn’t be permitted to own anything other than a primary residence in any region they are licensed in. Or they should be required to use another agent that they have no other relationship with to transact on properties they do own.

shoo 6y ago
Why?
- rubiquity 6y ago
  For any reason why the makers of a market shouldn’t be allowed to participate in said market.
  - chii 6y ago
    > the makers of a market shouldn’t be allowed to participate in said market. by definition a market maker participates in the market.
    - carlmr 6y ago
      They shouldn't be allowed to privately participate in that market. Since that leads to conflicts of interest with their job.
- sidlls 6y ago
  It’s an inherent conflict of interest. The agent that owns real estate is incentivized and, perhaps more importantly, empowered by virtue of his license, to favor his own property over that of other clients. I should amend my comment though: an agent should not be permitted to practice while he holds property, and he should not be permitted to hold property while he practices.