Coldwell Banker Wardley Real Estate – Las Vegas and Henderson MLS News and Search Tool

August 25, 2009

The Time Magazine Las Vegas Real Estate Article – A Message from the Coldwell Banker Wardley President

I, along with many of you, have recently been receiving phone calls, e-mails, inquiries from other brokers and even recruiting calls, that have cited a recent article in Time Magazine. In this article, a former Coldwell Banker Wardley agent was interviewed and many incriminating statements were published by the magazine.  The agent, no longer with Coldwell Banker Wardley, has stated that she was misquoted and did not make the statements as represented by Time.

 To set the record straight on behalf of Coldwell Banker Wardley, our Company policy is as follows:

We NEVER tell or recommend to a seller and/or client that they should stop making payments on their mortgage(s).


  • We do not encourage, advocate or participate in “Buy and Bail” transactions in any form or format.


  • We NEVER participate in a transaction in which we are aware of material terms agreed to between buyer and seller which are withheld or hidden from the lender. (This includes both the short sale lender and the purchase loan lender)


  • We do not take ANYONE other than bona fide buyers into listed properties.


  • We do not allow clients to climb through windows to obtain access to properties, even if the window is unlocked or open. We use the lockbox and enter through the appropriate door.


  • We do not make remarks or comments that would be disparaging to other REALTORS.


If you have any concerns about this article or feel a need for further clarification you can call me on my cell phone (702)281-1927.





Jeff L. Sommers, President

Coldwell Banker Wardley Real Estate

7670 W. Lake Mead, Ste.100

Las Vegas, NV 89128

(702)281-1927 Cell.

(702)207-4115 Fax


Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: