Howell Michigan Home Buying

Notes on home buying in Howell, Brighton, and the surrounding areas.

Tuesday, March 6, 2007

Big office gets caught with hand in real estate cookie jar

A big Coldwell Banker office got caught steering their real estate buyers and sellers to a company that they owned without complete disclosure.

We see this type of behaviour all the time in SE Michigan, but rarely does the real estate company get caught.

Here in Howell you want to be careful if you see related mortgage companies or related title companies. Often it is hard to know if there is actually money passing under the table from your wallet to companies related to the real estate brokerage.

Here is a link to a Washington Post article:
  • WA Post article on class action suit

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