Gruber, Mary L. | Salesperson | Little Rock, AR

02/01/2004 | Hearing No. 2055

In Formal Hearing #2055 the Commissioners voted that “…Respondent Mary L. Gruber be issued a Letter of Reprimand to be placed in her license file, and that she is required to take the 30-hour broker course… That course is to be completed within six (6) months of the date of the hearing (11/18/2002). Respondent Gruber is to pay a fine of $500.00 within thirty (30) days of receipt of notice of this hearing decision.”

The Commission found Ms. Gruber guilty of violating Commission Regulation 8.5 (a).

Ms. Gruber did not protect and promote the interests of her client Complainant (Seller) as follows:

1. She did not include any provision in either of the counter offers to Buyers 1 or Buyers 2 to protect Complainant (Seller) from having both buyers accept the respective counteroffers with the result that Complainant would have two real estate contracts to sell her property to the two different buyers.
2. She faxed the Complainant’s counteroffer for Buyer 2 to the selling agent Principal Broker when she knew that Buyers 1 had verbally accepted their counteroffer and without notifying Complainant of that verbal acceptance or addressing with the Complainant whether to withdraw or modify her counteroffer to Buyer 2.
3. She failed to take reasonable action to withdraw Complainant’s counteroffer to Buyer 2 by delivering notice of Buyer 2’s withdrawal to Principal Broker prior to Buyer 2’s acceptance of that counteroffer being communicated to Respondent Gruber.