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What is Kickback in real estate properties? 

  • Andrew
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1 year 5 months ago #40608 by Andrew
I heard a lot about real estate Kickbacks Some people say it is illegal, and some people believe it’s legal or compensation overwork might not fall into the illegal What to believe?

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  • paulwatkins929@gmail.com
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1 year 5 months ago - 1 year 5 months ago #40609 by paulwatkins929@gmail.com
Replied by paulwatkins929@gmail.com on topic What is Kickback in real estate properties? 
When a real estate agent, who has a fiduciary duty to the client, receives advantages or items of value in exchange for referring specific companies or services, this is known as a kickback in the industry.
Given that they frequently take the form of money or other valuables like gifts, these are typically unlawful and are regarded as bribes.
Your agent must abide by the law and cannot be paid to refer businesses if they suggest extra real estate services like escrow firms, title companies, inspection companies, or other businesses involved in the real estate transaction. So, this is all about what is Kickback in real estate properties .
Last edit: 1 year 5 months ago by paulwatkins929@gmail.com.

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