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April 1st, 2017 14:58

04/03/17: Fiduciary Duties in Real Estate: Past, Present & Future

Bill Wendel
Bill Wendel Public Seen by 325

INTRO: Each year, the period between the Ides of March and April Fool's Day gives real estate consumer advocates an opportunity to wake up "the Sleeping Giant of the Consumer Movement" before the Spring housing hits full speed. This year's topic has the potential to attract a diverse audience from four existing MeetUps in Boston -- Boston Real Estate Tech (#BosRETech), Mass Legal Hackers, Personal Data Boston & Defensive Homebuying. By inviting buyer agents as well as the affordable housing community, we can also test the viability of launching a MeetUp for RECALL (Real Estate Consumer Alliance).

Fiduciary Duties in Real Estate: Past, Present & Future

In 1986, a member pamphlet published by the National Association of Realtors warned that dual agency was "the professional equivalent of Russian roulette." Over the next three decades, the industry moved away from fiduciary duties to mainstream conflicts of interest. But a recent decision by the CA Supreme Court and Congressional votes to block FCC privacy protections are increasing public awareness of the need for fiduciaries. That could set the stage for an Agency Revival. Let's explore those issues and opportunities in a round table discussion at ImpactHub Boston this Monday night, the 24th anniversary of Ralph Nader's keynote at the Consumer Revolution in Real Estate (Boston 1993).

http://bit.ly/Naderin1993

PRE-REGISTER
In person: 7pm, Monday, April 3rd at ImpactHub Boston, 50 Milk St, Boston
http://bit.ly/OpenImpactBOS_0417

Online: Watch for details or email Bill Wendel
@RealEstateCafe
realestatecafe@gmail.com

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OPTIONAL BACKGROUND READING

Fiduciary duties in real estate

Scan CA court decision against designated agency
http://bit.ly/UpholdREProtectCA

Implications for fiduciary duties in real estate
http://bit.ly/DOAgency

Need for information fiduciaries

Responding to Congressional vote to block FCC Privacy Protections
http://bit.ly/pDataBosFCC

Need for Information Fiduciaries
http://bit.ly/GrandTrust

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See images below and in related tweet:
http://bit.ly/RouletTweet