Warning of estate agent scam
Sep 21st 2005, 11:32 am
#1
Forum Regular
Thread Starter
Joined: Jan 2005
Location: Leeds/UK
Posts: 231
Warning of estate agent scam
My brother has had his house up for sale now for 18 months with very little interest. He has even been dropping the house price to sell.
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
Sep 21st 2005, 11:34 am
#2
Chocoholic
Joined: Apr 2005
Location: Betchworth, Surrey.
Posts: 2,899
Re: Warning of estate agent scam
That is really bad. Your brother should report this agent 
Congratulations on getting your visa BTW.
Julie
Congratulations on getting your visa BTW.
Julie
Sep 21st 2005, 11:40 am
#3
BE Enthusiast
Joined: Sep 2005
Location: Kenmore, Brisbane
Posts: 733
Re: Warning of estate agent scam
Originally Posted by Juliecabs
That is really bad. Your brother should report this agent
This used to go on regularly but I thought it had been stamped out now!!
CONGRATULATIONS ON GETTING YOUR VISA !!
Sep 21st 2005, 11:41 am
#4
small steps long journey
Joined: Aug 2003
Location: A river somewhere
Posts: 3,451
Re: Warning of estate agent scam
Estate Agents scamming ??? Is there no-one left in which we can place our trust ?
Sep 21st 2005, 11:47 am
#5
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Warning of estate agent scam
Originally Posted by leedslad
My brother has had his house up for sale now for 18 months with very little interest. He has even been dropping the house price to sell.
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
Sep 21st 2005, 12:11 pm
#6
Forum Regular
Thread Starter
Joined: Jan 2005
Location: Leeds/UK
Posts: 231
Re: Warning of estate agent scam
Originally Posted by moneypen20
I'm sorry but that is crap. The agent is contracted to sell the house for the best price, if they are doing something illegal, then the contract is surely null and void and your brother cannot be held to that contract. He needs to report them immediately and inform the agents what he has found out, how he has reported them and unless they sort it out, he will go public.
Its all getting sorted out at the moment,just wanted to let you guys know that it still goes on.
Thanks for the congrats everyone!!! the waiting is over thank god
Sep 21st 2005, 12:17 pm
#7
Forum Regular
Joined: Jun 2004
Location: Birmingham (Brisbane March 09)
Posts: 141
Re: Warning of estate agent scam
Originally Posted by leedslad
That is what i told him to do, but he says that the agent is very sly and will just wriggle out of it. Lets face it there's 100k to gain, or lose in my bro's case.
Its all getting sorted out at the moment,just wanted to let you guys know that it still goes on.
Thanks for the congrats everyone!!! the waiting is over thank god
Its all getting sorted out at the moment,just wanted to let you guys know that it still goes on.
Thanks for the congrats everyone!!! the waiting is over thank god
If your brother is still in the UK he should phone some up like the Citizens Advice Bureau to see if he has any way out. A drop of 100k is a lot of money. I would not give it up without a fight.
Sep 21st 2005, 12:21 pm
#8
Marvin for PM
Joined: Jun 2005
Location: Buderim, Qld
Posts: 263
Re: Warning of estate agent scam
Well Done on Visa
What will you do with your business? expand over there?Ange
What will you do with your business? expand over there?Ange
Sep 21st 2005, 12:39 pm
#9
Forum Regular
Thread Starter
Joined: Jan 2005
Location: Leeds/UK
Posts: 231
Re: Warning of estate agent scam
Originally Posted by Whitby Wanderers
Well Done on Visa
What will you do with your business? expand over there?Ange
What will you do with your business? expand over there?Ange
Sorry guys should have said my brother is in Perth
Thanks again for the congrats.
Ange: I'm gonna set up over there working from home and build it up. Want to be my own boss for a change. Sick of making other people rich.
Sep 21st 2005, 3:28 pm
#10
BE Enthusiast
Joined: Feb 2004
Location: The sunny coast on the other side of the planet
Posts: 596
Re: Warning of estate agent scam
Originally Posted by leedslad
Sorry guys should have said my brother is in Perth
Thanks again for the congrats.
Ange: I'm gonna set up over there working from home and build it up. Want to be my own boss for a change. Sick of making other people rich.
Thanks again for the congrats.
Ange: I'm gonna set up over there working from home and build it up. Want to be my own boss for a change. Sick of making other people rich.
Your brother will not be bound by the contract as ........doesnt matter how slippery the EA is, it is fraud.
Report him to the EA regulators and not only will he get out of the contract but Mr.Slippery will also lose his job(I know somebody that this happened to)
And BIG CONGRATS with the visa
Sep 21st 2005, 3:40 pm
#11
Joined: Jan 2005
Posts: 975
Re: Warning of estate agent scam
Originally Posted by leedslad
My brother has had his house up for sale now for 18 months with very little interest. He has even been dropping the house price to sell.
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
He finally found a buyer....but!
He has recently found out that the agent who is selling the house has been telling people that it is sold so that he can get his friend to buy it and make a hefty 100k+ profit. The house in todays market is very under valued and the agent knows this.
However my brother has signed a contract with to sell the house to the agents friend for the fixed price.
Other agents who my brother has hed re-value the house (this is how he found out) have told him that it should be at least 100k more and that the agent in question is renound for this scam. So all the other agents know about them too.
Thought i'd bring this to the attention of everyone on this forum as it is heartbreaking to think they are getting away with it.
If you require the name of the agent then please pm me.
oh by the way i got my visa granted today!
What a shame that your brothers plight is overshadowing it. I hope that your brother is reporting them to the OEA, friends of ours did and took them to court and they WON!
Sep 21st 2005, 3:41 pm
#12
Joined: Jul 2004
Posts: 12,063
Re: Warning of estate agent scam
Originally Posted by leedslad
Sorry guys should have said my brother is in Perth
Thanks again for the congrats.
Ange: I'm gonna set up over there working from home and build it up. Want to be my own boss for a change. Sick of making other people rich.
Thanks again for the congrats.
Ange: I'm gonna set up over there working from home and build it up. Want to be my own boss for a change. Sick of making other people rich.
BIG CONGRATS ON YOUR VISA
Sep 21st 2005, 3:50 pm
#13
Forum Regular
Thread Starter
Joined: Jan 2005
Location: Leeds/UK
Posts: 231
Re: Warning of estate agent scam
Muchas gracias! for the congrats
will be a few of these tonight
will be a few of these tonight
Sep 22nd 2005, 12:02 am
#14
Lost in BE Cyberspace
Joined: Mar 2003
Posts: 9,397
Re: Warning of estate agent scam
Originally Posted by seang
Estate Agents scamming ??? Is there no-one left in which we can place our trust ?
