THE sizzling-hot property market and the rush by buyers to secure choice units have led some property agents to turn greedy. Some agents are offering potential buyers their services to secure a booking for their choice units if they pay them a commission. This has prompted at least two marketing agencies to warn their agents against this practice. This scheme is reportedly rampant at the freehold...
Unethical Agents
COMPLAINTS against real estate agents are rising. According to the latest statistics, more than 1,000 reports have been lodged with the Consumers Association of Singapore and the Inland Revenue Authority. I am puzzled why little has been done to eradicate the presence of unethical agents who offer wrong advice and short-change buyers and sellers in a booming sector. It is time the industry is...