Real Estate Ethics Expert in Residential Transactions

Case Description:

A real estate ethics expert in residential transactions was needed for a lawsuit alleging fraud and breach of fiduciary duty. After purchasing a residential property for a quarter million dollars, the plaintiff discovered extensive termite damage to the residence. Plaintiff filed suit against all parties involved in the real estate transaction, alleging defendants were aware of the termite damage and withheld the information until closing was complete.

IMS ExpertServices was asked to locate real estate ethics experts familiar with disclosure policies and the standards of care required for ethical residential transactions. The expert was needed to consult on the fiduciary duty of real estate brokers and the due diligence required in real estate transactions. Someone with prior testimony experience who had experience instructing or managing other realtors on ethics issues was sought.

Experts Presented:

  • Real Estate Ethics Expert

    This expert in real estate ethics has more than 35 years of experience as a licensed realtor. He has also been a real estate educator for the past 30 years. His work as a real estate broker includes residential and commercial transactions, management, and syndication. As an educator, he's taught college courses in real estate investment analysis, real estate appraisal, real estate finance, real estate law and real estate fundamentals and can easily address the fiduciary duty responsibilities in ethical real estate transactions. He has also offered pre-licensing and post-licensing courses through continuing education programs. This expert has chaired professional standards committees and is active in various professional realtor organizations. IMS Reference #1994214

  • Real Estate Law Expert

    For more than 30 years this expert in real estate law has been an attorney focusing on real estate and general business law. Her practice areas include real estate purchase/sale transactions, loan transactions, leasing, joint ventures, and title insurance issuance, claims and negotiations. She is also considered an ethics expert and has lectured on real estate ethics topics at seminars sponsored by the Lawyers Title Insurance Corporation and other providers of real estate transaction services, as well as by professional associations. This expert has taught university classes on real estate law topics and has a thorough understanding of the fiduciary duty, due diligence, and ethical conduct required of a real estate professional. IMS Reference #199462

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Industry: All, Real Estate