Subject: File No. S7-26-07
From: Jason H Freeman

November 13, 2007

Realtors as a whole need to have the same standards if the SEC is going to oversee TIC's. Just because they have lobbying power should not be sufficient to allow them a free pass. TIC's are investment transactions and realtors are not in the business of investment advice.
This "relief" is not in the consumers best interest.