Just spoke to a client that we are sourcing a deal for. We knowingly are competing with a well known broker shop out of California and they REFUSE to give the client the payback amount in their presentment of the offer. I requested it in good faith so I can try to beat the pricing, but the other broker refuses to disclose the payback to the client.

How the heck can someone sell a deal and not give the payback? How deceptive is that? This is where regulators need to step in, to stop scumbag sales guys like this. If you pull tactics like this -- refusing to disclose material terms of a deal, lack of transparency, creating an artificial sense of urgency -- you're an absolute scum bag and a disgrace to this industry.