Presentation on theme: "Bokusky v. Edina Realty, Inc., No. 3-92 CIV 223, 1993 WL 515827 (D.Minn. Aug. 6, 1993)"— Presentation transcript:
Bokusky v. Edina Realty, Inc., No CIV 223, 1993 WL (D.Minn. Aug. 6, 1993)
After launching a class action law suit against Edina Realty the US District Court of Minnesota, in 1993, awarded nearly $20 Million Dollars to the plaintiffs. Buyers finally had rights and the evil domain of Darth Agent was shattered. But wait… we are rushing ahead of our story…
When Mr. Bokusky met with Darth Agent of Edina Realty… Mr. Bokusky thought he had an advocate by his side… a confidant, someone that represented him. Sadly that would not be the case.
Wait a minute, how did he get in this story?
In 1995, Master Yoda NAR revised the Realtor Code of Ethics to accommodate the new posture of Agency Representation. Master Yoda NAR teaches…. Disclose your agency relationship you must… there is no try!
Buyers can either elect to be represented by a Buyers Agent… Or…they can chose to be represented by someone other than a Buyers Advocate