Powered by MOMENTUM MEDIA
realestatebusiness logo

Breaking news and updates daily. Subscribe to our Newsletter!

Home of the REB Top 100 Agents
Breaking news and updates daily. Subscribe to our newsletter

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Latest


Must Read


PM Tech Growth Sales Marketing Industry

Our Events


New Broker Academy 2022

The Adviser’s New Broker Academy aims to equip prospective brokers with the knowledge, skills and mindset to succeed...

LEARN MORE
VIEW ALL
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.

Fair Trading disqualifies 17 agents

By Staff Reporter
26 October 2009 | 1 minute read

Annual reports from consumer regulators in New South Wales and Victoria have shown more real estate agents than ever beforehave faced disciplinary action.

According to an article in the Australian Financial Review, dozens of agents were cautioned or disqualified from practice due to variety of blunders in everything from trust accounts to licensing and underquoting offences.

In the 12 months to June 30, the NSW Office of Fair Trading fined five agents and disqualified 17 – significantly more than the three disqualifications it imposed last year.

In Victoria, Consumer Affairs conducted 432 audits and inspections of real estate agents and through legal action won fines and consent orders totaling $177,500.

Civil action was taken against six real estate agencies and criminal action was taken against two agencies, all of which were won by Consumer Affairs Victoria.

Fair Trading disqualifies 17 agents
default
lawyersweekly logo

Tags:

Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.