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Rainmaker
2,857,161
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I am curious to know what your real estate school has to say about this. What are they teaching you? 

Nov 29, 2018 01:57 PM
Ambassador
3,603,430
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Zzzzzzzzz

Nov 29, 2018 04:14 PM
Rainmaker
3,549,343
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Y

Nov 29, 2018 04:12 PM
Ambassador
2,413,523
Fred Griffin Tallahassee Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

x

Nov 29, 2018 02:18 PM
Rainmaker
1,253,640
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

X

Nov 29, 2018 03:36 PM
Ambassador
4,559,830
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I focus on the good agents, unfortunate that your professor likes to focus on the bad.

Let them know that what you focus on expands.

Nov 29, 2018 03:28 PM
Rainmaker
760,672
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

 Make Google your friend for the first question. Ask your teacher what they have heard of for the second question. If your teacher cannot help you there, what are you paying them for?

Please find a better school!

Nov 29, 2018 03:08 PM
Rainmaker
3,368,404
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

X

Nov 29, 2018 02:30 PM
Rainmaker
831,029
Doug Dawes
Keller Williams Realty - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

loss of license 

Nov 30, 2018 06:21 AM
Rainmaker
3,485,287
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

If your teacher can't tell youo, change schools so you can pass the test!

Nov 29, 2018 03:56 PM
Rainmaker
746,733
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I know of a local broker who lost his license, lost his franchise and faced criminal charges for hustling up straw buyers to pretend to buy houses against which he then arranged purchase money loans on which were subsequently defaulted. The houses went into foreclosure. He used the money from the loans for his own purposes after paying a fee to the straw buyers.

Basically, the guy was a liar and a thief.

Nov 29, 2018 03:51 PM
Rainmaker
1,718,093
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

Aanny. 

That question will be in state exam.

Nov 30, 2018 06:19 PM
Rainmaker
1,273,458
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea. 

Nov 30, 2018 05:58 PM
Rainmaker
784,931
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Loss of license and jail time. 

Nov 29, 2018 06:25 PM
Rainmaker
3,285,705
Richard Weeks
Dallas, TX
REALTOR®, Broker

I hope you have an idea of what disciplinary sanction means.  Worst 'jail time'.

Nov 30, 2018 04:48 AM
Rainmaker
1,505,323
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Jail? 

Nov 30, 2018 12:03 AM
Ambassador
4,154,781
Jeff Dowler, CRS
eXp Realty of California - Carlsbad, CA
The Southern California Relocation Dude

Hopefully you are having this discussion in your real estate class! BUt to asnwer the second question - loss of license and jail. More importantly you need to learn how to run your real estate business so the issue of sanctions won't even come up.

Nov 29, 2018 08:09 PM
Rainmaker
1,705,957
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

If your instructor isn't teaching you this you need to enroll in a REAL Real Estate school Aanny K .

Nov 29, 2018 07:34 PM
Rainmaker
5,677,925
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Read the regulations in your state.

Loss of license, jail and fines are pretty bad in addition to the thousands of dollars for your defense lawyer.

Nov 29, 2018 06:16 PM
Rainmaker
869,796
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Fines and penalties vary from state to state so this should be included in the class materials. If not, ask your instructor. 

Nov 29, 2018 05:48 PM
Rainmaker
4,432,589
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Loss of license.

Nov 29, 2018 05:23 PM
Rainmaker
3,122,764
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Violating the law. The worst thing was loss of a license. You lose your career. 

Nov 29, 2018 05:13 PM
Ambassador
1,702,155
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

That is something you should be able to find easily in yoor course material and your teacher should be giving you examples.

Nov 29, 2018 04:53 PM
Rainmaker
563,107
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Thank you Roy Kelley 

Dec 02, 2018 03:14 PM
Rainmaker
2,949,218
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Many great responses.

Nov 30, 2018 07:47 PM
Rainmaker
1,286,937
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Your school should be sanctioned for sending all their students here to learn instead of teaching you themselves.

Nov 30, 2018 11:00 AM
Rainmaker
4,798,170
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It's not something that I am concerned about.

Nov 30, 2018 07:59 AM
Rainmaker
1,063,577
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

serving times.

Nov 30, 2018 05:22 AM
Rainmaker
4,266,300
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Losing your license is pretty bad.

Dec 03, 2018 04:25 PM
Rainmaker
3,985,260
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

There are many but loss of license is the biggest penalty...or is it?

Dec 02, 2018 06:40 PM
Rainmaker
1,154,728
Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Loss of license and incarceration 

Nov 30, 2018 07:48 AM
Rainmaker
2,532,371
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Having any type of "stigma" that the public can assess doesnt go well

Nov 30, 2018 07:44 AM
Rainmaker
3,062,918
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

One that resulted in:

Nov 30, 2018 07:35 AM