Is it a Conflict of Interest if a Condo Association (HOA) Board Member is Also a Realtor Representing People in the Complex?

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“Have any laws been broken when a condo association board member is also a realtor representing sellers in that complex, and having those units that are for sale (specifically those units represented by this person) reshingled etc. before other units in the complex which were ahead on the list? Making these units that are represented by the board member more attractive to potential buyers at the expense of the residents (an assessment) is resulting in this board member profiting (real estate commission) from this person’s own influence.”

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Good question. I’m not sure of the answer, but the board that licenses real estate agents in your state may be able to tell you–and might be interested in pursuing the matter themselves if there is a violation.

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Author: House Attorney

A house attorney has answered this question.

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