ah ok sorry i misunderstood. i wasnt talking about this story specifically, more today tonights history of being rubbish and general lack of credibility
Anyone heard of property secrets ?
- Thread starter hysterical
- Start date
ah ok sorry i misunderstood. i wasnt talking about this story specifically, more today tonights history of being rubbish and general lack of credibility
Have not used them, but talked to them when I was looking for a BA.
It will be different for different people, but for me, that one call screams "no, not for me".
They're very eager, asking too many personal details too early in the process. No asking of goals, no introduction, one size fits all. It's "you have this much, this is what I want you to do."
Feels like a sale and I'm not looking for a salesman, especially when they're selling something to me when I need them to be a team member and buy something for me. Hence it's a no.
Of course, and I would be a fool to not be aware of that. However you asked why anyone cares if someone they pay for advice acts in a way that is illegal and unethical. I told you why I care.
This is a great example of my scientific version of karma.
In my world, the majority do the right thing and we should report these types of illegal and unethical activities. You can get ahead without being a bad person.
In ok180's world, these type of dodgy kickbacks are OK, because that's how you get ahead - just don't get caught. What a stressful, unhappy world that must be.
You call them different worlds I call them reality land and fantasy land.
The reality is that a BA or REA can receive kickbacks and/or commissions - that is not the issue. The issue is, that you need under the Act, to declare what those commissions are. That way a consumer can make up their own mind whether or not to use the 3rd party service being recommended.
It just need to be transparent.
We get offered kickbacks on a regular basis but always turn them down so that we can disclose $0 and only recommend on the basis of the 3rd party provider doing a good job for the client.
Regularly the case re: BAs getting contacted with concept of kickbacks.
Quite difficult situation to be put in.
I'm all for the truth. Certainly, believe that buyers should do their own due diligence on every expert and not trust every thing they read/are told, but we should always strive for a better industry.
More coming on Property Observer about this situation tomorrow.
Quite difficult situation to be put in.
I'm all for the truth. Certainly, believe that buyers should do their own due diligence on every expert and not trust every thing they read/are told, but we should always strive for a better industry.
More coming on Property Observer about this situation tomorrow.
Agree 100% and, as with Prop's comments before, the issue here is that Property Secrets acted contrary to the PSBAA Sec 47 re: Duty of Disclosure.
http://www.austlii.edu.au/au/legis/nsw/consol_act/psabaa2002385/s47.html
As Terry W has already pointed out in another post, real estate agents are bound by this and are acting unethically and illegally by not disclosing here.
What about solicitors Jacque? The reason I moved from my first solicitor was the suspicion that he got big cuts for strata reports and B&P. He used to charge us $440 for the strata reports and did for a few. Till I realised after gaining some experience. Now I get BETTER reports for $255.
Same applies- they must absolutely disclose in writing
http://www.lawsociety.com.au/ForSol...dards/Ruleslegislation/SolicitorsRules/027133
Make sure you are clear of the facts, then take property spruikers to Fair Trading to start with then Corporate regulator ASIC for serious matters like fraud.
When I have reported my case I spoke to the investigator himself Doug Sharman from Fair Trading. There are his details.
Doug Sharman | Principal Investigator, Investigation Compliance & Enforcement | NSW Fair Trading| Level 3, 1 Fitzwilliam Street Parramatta 2150
E-Mail: [email protected] | p: 9895 0552 | f: 9895 0456 |m: 0413 382 915 www.services.nsw.gov.au
If you can't get through send an email or contact Fair Trading directly.
Good luck
Doug Sharman | Principal Investigator, Investigation Compliance & Enforcement | NSW Fair Trading| Level 3, 1 Fitzwilliam Street Parramatta 2150
E-Mail: [email protected] | p: 9895 0552 | f: 9895 0456 |m: 0413 382 915 www.services.nsw.gov.au
If you can't get through send an email or contact Fair Trading directly.
Good luck
Seems these guys are moving to Perth now. Got this in email:
We look forward to seeing you today on our famous 'Property Trip in Perth'.
In just two hours you will pick up some of the most important secrets to successful property investing and developing.
When: Saturday - 26th October 2013
Where: Meet at Integrity Builders Office
Address: 67 Howe st, Osborne Prk WA 6017
Start time: 2 pm (Sharp)
Finish Time: 4 pm
Thoughts?
We look forward to seeing you today on our famous 'Property Trip in Perth'.
In just two hours you will pick up some of the most important secrets to successful property investing and developing.
When: Saturday - 26th October 2013
Where: Meet at Integrity Builders Office
Address: 67 Howe st, Osborne Prk WA 6017
Start time: 2 pm (Sharp)
Finish Time: 4 pm
Thoughts?
They have been around in Perth for a year when they worked out which councils allowed granny flats.
PS goes into liquidation:
http://www.propertyobserver.com.au/...ezekamp-avoids-tribunal-hearing/2013102265858
http://www.propertyobserver.com.au/...ezekamp-avoids-tribunal-hearing/2013102265858
Did this trip go ahead?
No idea..I'm not in Perth. But found it odd that I received this in email instead of the usual Sydney email I've received in the past.
