State investigation looks into real estate agent's deal with himself

Posted by puguh on Thursday, February 10, 2011

State investigation looks into real estate agent's deal with himself. The Colorado Division of Real Estate is investigating a Jefferson County real estate agent following a 9Wants to Know investigation into a transaction where a Realtor didn't bring an offer to the seller and then turned around and bought the building at a foreclosure auction.



9Wants to Know discovered Realtor Mark Dyson bought a property he listed at foreclosure, turned around quickly and sold it to a buyer who had made two previous offers before the building went to foreclosure.

One of those offers was not presented to the seller even though state law requires a seller's agent to present all offers.

Source: http://www.denverpost.com

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