Sue Heldstab
Chanhassen,#2REBUTTAL Individual responds
Thu, June 25, 2009
1. I have never in 14 years of being a full time professional Realtor had a client named Marcus Peterson. 2. 14 years and a business that is thriving due to repeat and referred clients come only to those who serve the best interests of their clients. I pride myself in having each and every one of my clients read and understand each disclosure that by law, I must have signed prior to a professional working relationship. 3. What my clients know is that they have the choice of a Title Company, Mortgage Services, Inspection Company and Home Owners Insurance Company. 4. What all professional real estate agents, loan officers and closers know is that there is no financial gain to a Realtor when a client chooses any certain title company or lender. That would be a RESPA violation which carries fines, penalties and possible loss of license. That practice would be detrimental to my clients thus my career and is against all of my ethics. According to Minnesota State Statutes, all buyers have the right to choose their own title company. 5. Dual Agency comes into play when both the Seller and Buyer are represented by the same broker and that is disclosed to a Seller/Buyer on the Agency Relationships in Real Estate Transactions form. ALL of my clients have read, discussed and signed this disclosure when we meet and decide that they wish to work with me. 6. Lastly, I do not understand the break in price reference. Dual Agency has nothing to do with compensation. Compensation is agreed upon by the Agent and Client on the Listing Agreement for a seller and the Right to Represent form for a buyer. You cannot represent a client unless they are under contract. 7. Whoever Marcus Peterson maybe, as I said, I do not know this person. I sincerely believe you have been given erroneous information because I have enjoyed and worked very hard for each and every one of my clients. Their best interests are always at the forefront.