editor Site Admin
Joined: 01 Dec 2003 Posts: 878
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Posted: Thu Aug 24, 2006 1:29 pm Post subject: |
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Vancouver realtors say lawyers using threats to extract part of agent's commission:
We were very disturbed by complaints we received recently from several Vancouver realtors asking for advice regarding lawyers who threaten to nix the deal unless they are given a percentage of the agent's commission. Here's our e-mail to the law society's ethics committee:
| Quote: | From: legal [mailto:legal@pokerpulse.com]
Sent: Wednesday, August 16, 2006 11:54 AM
To: ethics
Cc: editor@bccondos.ca
Subject: Not urgent - Real estate lawyers seeking percentage of realtor's commission
Hello Ethics,
We've had a few complaints lately from realtors we trust regarding lawyers representing clients in a real estate transation who have threatened to nix the deal unless the realtor representing the other party agrees to provide a percentage of the commission. Transactions involving hard-to-sell properties are especially targeted, so we're told. The realtors would like to know how they should handle this type of confrontation, especially when they are likely to meet the same attorneys again in future transactions. All advice gratefully received.
Ed. |
Ethics committee chair replies:
| Quote: | From: JOlsen@lsbc.org
To: legal@pokerpulse.com
Sent: Wednesday, August 16, 2006 12:36 PM
Subject: RE: Not urgent - Real estate lawyers seeking percentage of realtor's commission
I am sorry that I am unable to give you any advice. You may wish to consult a lawyer through the British Columbia Branch of the Canadian Bar Association Lawyer Referral Service, where you can obtain 1/2 hour of advice for a fee of $25. The telephone number for the Lawyer Referral Service is (604) 687-3221 or toll free 1-800-663-1919.
Should you wish to make a complaint about a lawyer to the law society you may do so by writing to:
Professional Conduct Department
Law Society of British Columbia
845 Cambie St.
Vancouver, BC V6B 4Z9
or by e mail to professionalconduct@lsbc.org. |
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