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J

jeisson

Junior Member
What is the name of your state? Illinois

My question is as follows: I currently run a marketing company whose principal market is real estate. My customers range from mortgage brokers, LO's, realtors, etc. The thing is that I myself am a Loan Originator and Real Estate Broker. Do I have to disclose to my clients that I am LO and/or Broker? I ask before I am afraid they might think I want to steal their clients because I get a client database from each. In the contract we sign it says i will not market to their customers.
 


H

HomeGuru

Senior Member
jeisson said:
What is the name of your state? Illinois

My question is as follows: I currently run a marketing company whose principal market is real estate. My customers range from mortgage brokers, LO's, realtors, etc. The thing is that I myself am a Loan Originator and Real Estate Broker. Do I have to disclose to my clients that I am LO and/or Broker? I ask before I am afraid they might think I want to steal their clients because I get a client database from each. In the contract we sign it says i will not market to their customers.
Click to expand...

**A: yes you do so git wid da program.
 
M

MargotM3

Junior Member
My question is as follows: I currently run a marketing company whose principal market is real estate. My customers range from mortgage brokers, LO's, realtors, etc. The thing is that I myself am a Loan Originator and Real Estate Broker. Do I have to disclose to my clients that I am LO and/or Broker? I ask before I am afraid they might think I want to steal their clients because I get a client database from each. In the contract we sign it says i will not market to their customers.

Disclose to what clients -- the clients of your marketing company? I would think you'd have to disclose it to people you were making loans to or selling houses to or listing houses for.

I'm less sure about the marketing clients. I would think there's no ethical reason to disclose that, but there might be a practical one: seems like it would make you more qualified to help them.
 
H

HomeGuru

Senior Member
MargotM3 said:
My question is as follows: I currently run a marketing company whose principal market is real estate. My customers range from mortgage brokers, LO's, realtors, etc. The thing is that I myself am a Loan Originator and Real Estate Broker. Do I have to disclose to my clients that I am LO and/or Broker? I ask before I am afraid they might think I want to steal their clients because I get a client database from each. In the contract we sign it says i will not market to their customers.

Disclose to what clients -- the clients of your marketing company? I would think you'd have to disclose it to people you were making loans to or selling houses to or listing houses for.

I'm less sure about the marketing clients. I would think there's no ethical reason to disclose that, but there might be a practical one: seems like it would make you more qualified to help them.
Click to expand...
**A: and who the heck are you? You sound like the original; poster but have a different user name. Are you the reincarnation of Dr. Jeckyl and Mr. Hyde?
 
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