Milford Michigan Home Buying

Wednesday, March 26, 2008

Prudential broker writes laws in one state, breaks in the next

I Just heard from an Exclusive Buyer's Agent out west who noticed something from their professional licensing bureau that caught her eye.

The Iowa licensing bureau fined a Nebraska broker and 5 of his agents $7,500 for practicing real estate in Iowa without an Iowa license. The company, a Prudential franchise, was licensed in Omaha, they were just doing business in Iowa.

Here is the interesting point:

The broker that was guilty in Iowa is a member of the real estate commission in Omaha! The guy helps write laws in Omaha and he breaks them in Iowa!



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