TRANSACTION PROBLEMS & RESOLUTION

Transaction dilemma? We're here to help!

From time to time it is inevitable that as a broker you will run across a dilemma during a transaction. For easy reference a 'dilemma' is a problem offering two possibilities, neither of which is practically acceptable. Some like to refer to this as 'between a rock and a hard place.' The NYBA Ethics Committee is an untapped resource that is here to help you find the best, most ethical outcome to your dilemma.

Your Ethics Committee is made up of a group of peers that will act as a sounding board to help you through problematic sales transactions before they make a wrong turn. The committee is comprised of Barbara Lippert of Nordhavn Yachts NW, Art Kaplan of La Conner Yacht Sales, and Greg Mustari of West Yachts. They meet as needed to discuss current or on-going ethics issues within the Association, as well as review and respond to member's formal complaints.

The Ethics Committee wants you to know that they are here to help with guidance at anytime. Please feel free to contact them when needed.

Paul F. Groesbeck — paul@oceanalexander.com

Art Kaplan — yachts@cnw.com

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