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- Denis A. Caravella
Real Estate: Dealing with Agents/Expert Profile
Expertise
From the general public and real estate professionals alike, I am qualified to answer questions relating to the ethical and legal practice of the real estate profession. From the general public these would be questions arising mostly from interaction with licensed agents; questions about contracts, fairness issues, or whether an agent is practicing honestly or legally. From licensed agents, questions may involve such topics as their relationship with their licensing authority, challenges from clients, or whether proposed business models are in compliance with state license law or federal law. I prefer to avoid questions regarding marketplace discussions, such as how an agent may best compete in the marketplace, how a seller of real estate may competitively market a property, or whether a buyer should or should not make certain purchases. Not being an attorney I can only research existing statutes and rules, not interpret them, and not provide legal advice.
Experience in the area
I am a licensed real estate broker in Illinois and Florida, and I am a licensed instructor of real estate in Illinois. I own and operate as lead instructor a licensed real estate continuing education school in Illinois. On behalf of the State of Illinois, I evaluate all real estate instructor applicants.
Organizations
National Association of Realtors. Association of Illinois Real Estate Educators.
Education/Credentials
Licensed real estate broker—Illinois. Licensed real estate broker—Florida. Licensed real estate instructor for continuing education—Illinois. Graduate of ethics training—National Association of Realtors.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response P = Politeness| User | Date | K | C | P | Comments |
|---|---|---|---|---|---|
| Dorothy | 05/20/12 | 10 | 10 | 10 | Thanks for your prompt reply. What you ..... |
| Pablo | 05/17/12 | 10 | 10 | 10 | Thank you very much! I REALLY appreciated ..... |
| Mike | 12/03/11 | 10 | 10 | 10 | Thank you so much Dennis for your ..... |
| Jill | 10/06/11 | 10 | 10 | 10 | |
| jm | 08/16/11 | 10 | 10 | 10 | Thank you very much for your help ..... |
Recent Answers from Denis A. Caravella
2011-10-13 agent:
Dear Danny; Thank you for your contact. Though I am unable to advise you about the fairness of compensation due your agent, I can advise you to check check any agreement or contract that you have with
2011-10-06 Value of my house:
Dear Jill, Thank you for your contact, and for your very clear question. Most counties will assess a home value to reflect a fair market value. But if the market is changing rapidly, as is the case
2011-08-15 do we need to pay commission:
Dear Gaylene; First, allow me to invite you to call me by telephone so that we may more easily discuss developing details. You will find my number at http://www.expresslearningcenters.com. In any
2011-08-14 do we need to pay commission:
Dear Gaylene, From your original message to me it appears that you already have a valid contract with the buyer: "After we signed the buyer's counter. . . ." Since you gave me no indication that the
2011-08-12 do we need to pay commission:
Dear Gaylene; Thank you for your contact. You describe a situation in which the agent involved is not from your perspective the "procuring cause" of the sales contract. That is to say the agent did
Answers by Expert:
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