Wednesday, October 29, 2008

You Would Think A School Owner Wouldn't Let This Happen?

It seems that a local real estate school owner (not me) failed to take care of one very important business necessity. RENEWING THEIR REAL ESTATE BROKER’S LICENSE!!! It seems the broker took their MCE, had their fingerprints taken but for some reason didn't file a timely renewal. No big deal. Right. Well in most cases this is not a big deal. File the late renewal form, pay the extra fees and in a few days you are back in business. For some reason when the late renewal was filed something caught the Real Estate Commission’s eye. An enforcement case file was opened and it has been several months and the broker’s license, as of the date of this posting, still has NOT been renewed to active status . It’s in some kind of perpetual “expired” status. Only time will tell why this late renewal was not processed quickly and without problems. Maybe it was just a simple paper-work snafu or something more interesting. However, it cannot be a good sign when a broker can't renew their license. Without a license a person does not have access to services such as the MLS or the privilege to be called a REALTOR. Without a license you are no longer on the "INSIDE" so to speak. Not having an active real estate license does not bar a person from teaching in or owning a real estate school.

You make the call:
This is one of the "Laundry List" violations listed under the Texas Deceptive Trade Practices Act (DTPA).
Representing goods or services that claim to have sponsorship, approval, characteristics, ingredients, uses, benefits, or quantities but do not or a person claiming to have a sponsorship, approval, status, affiliation or connection but does not.
Do you think a school has violated this portion if they claim only experienced active agents or brokers teach at their school when they know at least one instructor does not have an active real estate license?

I'm sure this school is having a fit that this is being talked about. They just need to remember when they posted an attack web site with several damaging false claims about other real estate schools in town. It seems "KARMA" is coming back to haunt them for their past actions.

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