[WSBARP] [SPAM] restrictions on show of listing by seller

[swhite8893 at aol.com]

A licensee cannot refuse to present an offer. RCW 18.86.030(c). The seller
is free to counter with that stipulation. It would seem to me to be a red
flag that the licensee has some arrangement with the bank. By that I mean
there may be other legitimate reasons, but this arrangement bears
scrutiny. The issue is not one for the NWMLS, but for DOL. I would
communicate to the licensee that if the offer is not presented forthwith,
that DOL will be contacted.
 
Steve Whitehouse
 
Stephen Whitehouse
Whitehouse & Nichols, LLP
Attorneys at Law
P.O. Box 1273
601 W. Railroad Ave.
Shelton, Wa. 98584
360-426-5885
swhite8893 at aol.com
-----Original Message-----
From: Justin Monro <justinm at monrolawfirm.com>
To: 'wsbarp at lists.wsbarppt.com' <wsbarp at lists.wsbarppt.com>
Sent: Mon, Apr 14, 2014 2:41 pm
Subject: [WSBARP] [SPAM] restrictions on show of listing by seller


List mates:
 
I own a real estate company. One of my brokers recently presented an
offer, full price to a NWMLS agent and she refused to send the offer to
the sellers unless the buyers went through a specific bank that is listed
in the listing. I call the NWMLS and they stated that the brokers can
restrict the bank that they want the buyers to go through as long as there
is a written letter on file and in this case there is. As member broker of
NWMLS  I really have some trouble with this rule.  What is to say that the
financing would fall apart with the bank they want you with?
 
Sincerely,
 
 
Justin K. Monro
Attorney at Law
The Monro Law Firm P.S. Inc.
1830 Bickford Ave. Ste 204
Snohomish, WA 98290
P:360.863.3728
F:360.863.3985
 
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Information provided on this list should not be considered legal advice.
As with all lists - let the reader beware! No warranties or
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All opinions and comments in this message represent the views of the
author and do not necessarily have the endorsement of the Washington State
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