Complaints against real estate agents rise from 10-year low - News Summed Up

Complaints against real estate agents rise from 10-year low


The number of complaints against real estate agents is increasing, according to the Real Estate Authority. * Rise in real estate agents gaining licences in Australia poses risk to industry, minister warned* Complaints about real estate agents at all-time low* Real estate agents ordered to repay $14k in commission after double dipping“In the second half of 2020, the real estate market proved to be buoyant and extremely competitive, and this is ongoing. Supplied Consumer NZ head of research Jessica Wilson says penalties against non-compliant real estate agents need to be tougher. Consumer NZ’s head of research Jessica Wilson said the rise in complaints indicated there were still far too many real estate agents not meeting their obligations. Supplied Real Estate Institute chief executive Wendy Alexander says a lot of complaints about real estate agents stem from misunderstandings about the process.


Source: Stuff April 14, 2021 17:00 UTC



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