Broker Associate

When it comes to real estate, what is a “Broker Associate”? Some may have heard this term referring to a Realtor(R) who is offering professional services to help home buyers, sellers, renters, landlords and investors with their property transactions. Let’s distinguish between these common terms that involve different titles, credentials, licenses, rights and responsibilities: real estate agent, Realtor, real estate broker, real estate salesperson, broker owner and broker associate. | VIDEO | COMMENT | CAREERS

A real estate agent is a licensed professional who is authorized and credentialed to represent people and properties in the sales and marketing of a house, condominium, land or other real property. A Realtor is a licensed real estate professional who is a member of the National Association of Realtors(R). In California and some other states, a real estate agent is the term for a licensed pro who has been hired to represent. The license is called a Real Estate Salesperson license. The holder of this standard license is required to be supervised by a higher level professional called a Real Estate Broker. Technically, the Real Estate Salesperson represents the broker, while the broker legally represents the client. The broker owns the listing, and has ultimate responsibility. The Real Estate Broker license requires additional education, and permits the higher level professional to hire and supervise Real Estate Salespersons. A Broker Owner is a broker who owns and is responsible for the broker company. A Broker Associate is a licensed real estate broker who works as a salesperson, and is supervised by another broker, thus the Broker Associate does not supervise. A Broker Associate is able to do a few special things, like work with several other brokers at once, such as one broker for real estate and one broker for mortgage loans, if credentialed for mortgages. | COMMENT | CAREERS

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker. | COMMENT | CAREERS

Corey Chambers Receives Death Threat: Los Angeles Real Estate Agent Threatened with Murder

REAL ESTATE NEWS

Downtown Los Angeles, CA  —  This morning at 8:56 AM Pacific, loft specialist Realtor Corey Chambers received an SMS message from a hitman.  The text reads, “Someone paid me to kill you. If you want me to spare you, I’ll give you two days to pay $5000. If you inform the police or anybody, you will die, I am monitoring you.”  #coreychambers

Corey Chambers receives death threat
Corey Chambers receives death threat

For broker Corey Chambers, a veteran U.S. Air Force information specialist, and modern-day real estate fraud sleuth, the text is easily recognizable as an example of today’s popular illegal fraud scheme called the Hitman Scam.

Scamnet reports that scammers have reached a new low with this vicious scam that threatens to kill people unless they give in to demands and pay thousands of dollars to an alleged assassin.  #deaththreat

Known around the world as the “hitman” scam, it first surfaced in 2007 as an email, and has since evolved to SMS text messages.

The sender claims to be a hitman who has been hired to kill the receiver of the message, but will spare their life if the victim sends them money, typically between $1,000 and $100,000.

The sender claims they are watching the victim, and the fraudster warns not to report the SMS or email to police.

Chambers reminds all internet users to “never believe anything on the internet, email or mobile text message until after it is verified.”  |  VIDEO


What To Do If You Receive A Hitman Scam Death Threat

Don’t be alarmed. The email and SMS are being sent randomly to thousands of harvested email addresses and phone numbers.

Local and overseas police are urging people to ignore it, saying it is an empty threat and their life is not in danger.

Replying to the SMS or email will only alert the scammers that they have a live account and they could escalate the intimidation, and make more threatening demands.

One version of the email scam reads: “I am very sorry for you, is a pity that this is how your life is going to end as soon as you don’t comply. As you can see there is no need of introducing myself to you because I don’t have any business with you, my duty as I am mailing you now is just to KILL you and I have to do it as I have already been paid for that.”

The email goes on to say that a friend “wants you dead” and has paid the hitman a large amount of money. The so-called friend has provided your details and the hitman’s team has tracked you down and are watching you.

The email goes on to warn: “Do not think of contacting the police or even tell anyone because I will know. Remember someone who knows you very well want you dead! I will extend it to your family, incase I notice something funny.”

L.A. real estate professional Corey Chambers received the typical SMS version that reads verbatim: “Someone paid me to kill you…. you will die, I am monitoring you.”

Other text messages may be longer, containing the same or more text, while others are broken up into shorter messages.

Downtown Los Angeles real estate can seem dangerous at times. All DTLA loft and condo buildings have issues that buyers should know about before going to see a unit for sale. Get a free list of downtown loft buildings with litigation, lawsuits and other potential issues. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

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Killer or clown? Corey receives notice of impending assassination
Killer or clown? Corey receives notice of impending assassination.

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.