House sold without owners’ knowledge alleged

House sold without owners’ knowledge alleged

by 0 comments

Steven Cross

A Western Australian real estate agent is in hot water after falling victim to a scam.

A Mirrabooka real estate agent has undergone ‘disciplinary action’ following the fraudulent sale of a Ballajura home in April last year without the real owners’ knowledge or consent.

The State Administrative Tribunal will hear the case against the L.J. Hooker agent at Mirrabooka and licensee Mr John Samykannu for alleged breaches of the real estate agents’ Code of Conduct.

The owners discovered they had become victims of identity fraud by scammers in Nigeria when they returned to Perth to inspect the property in August.

The $400,000 made from the sale had been sent to a bank account in China.

The Commissioner for Consumer Protection will allege that the agency did not “exercise due skill, care and diligence by failing to properly verify the identities of the vendors”.

It is further alleged that the agent failed to act in the best interests of his clients and failed to act in accordance with their instructions by not contacting them via the details listed on the ‘authority to act as managing agent’ agreement for their property.

Steven Cross

A Western Australian real estate agent is in hot water after falling victim to a scam.

A Mirrabooka real estate agent has undergone ‘disciplinary action’ following the fraudulent sale of a Ballajura home in April last year without the real owners’ knowledge or consent.

The State Administrative Tribunal will hear the case against the L.J. Hooker agent at Mirrabooka and licensee Mr John Samykannu for alleged breaches of the real estate agents’ Code of Conduct.

The owners discovered they had become victims of identity fraud by scammers in Nigeria when they returned to Perth to inspect the property in August.

The $400,000 made from the sale had been sent to a bank account in China.

The Commissioner for Consumer Protection will allege that the agency did not “exercise due skill, care and diligence by failing to properly verify the identities of the vendors”.

It is further alleged that the agent failed to act in the best interests of his clients and failed to act in accordance with their instructions by not contacting them via the details listed on the ‘authority to act as managing agent’ agreement for their property.

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
How this agent's commitment to clientele built him a 25k-strong client base

In this episode of Secrets of the Top 100 Agents, host Tim Nearly talks to RT Edgar’s Glen Coutinho who ranked number six in this year’...

View all podcasts

How effective are testimonials as a marketing tool?

Not effective at all
Somewhat effective
Very effective
They are the most effective tool there is
Do you have an industry update?