Calls for real estate industry crackdown as experts claim too many agents aren't qualified
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Real estate agents have been in the spotlight this week, with allegations of the misappropriation of funds and widespread underquoting of property values. Two independent experts have told Saturday AM they believe it's because many agents simply aren't qualified to be facilitating large property deals. Experts are also warnings buyers to be aware of so-called 'low-cost' or 'discount' agents.
Source: AM | Duration: 3min 30sec
Topics: business-economics-and-finance, australia
Real estate agents have been in the spotlight this week with allegations of misappropriation of funds and widespread underquoting of property values.
Two independent experts have told Saturday AM they believe it's because many agents simply aren't qualified to be facilitating large property deals.
Featured:
Robert Klaric, partner, The Property Expert
John Cunningham, president, Real Estate Institute of NSW