estate agents must maintain good order at sale sites and comply with guidelines issued by the Estate Agents Authority when participating in promotions of residential properties if they are to avoid disciplinary action.
estate agents should advise their purchaser clients of the possible risks in payment of deposits directly to the vendor, and recommend the purchaser pay all deposits (both the initial and further deposits) to a firm of solicitors as stakeholders. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.
estate agents should not make any misrepresentation to prospective purchasers on valuations of properties or make any promise on mortgage terms. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.
real estate agents have been warned against sending abusive text messages to customers.
Estate agents who make a misrepresentation to clients in the first-hand sales of residential properties will face disciplinary action by the Estate Agents Authority. Consider this case:
Estate agents must be careful to avoid any misleading information being given to a client about unauthorized building works at a property.
The EAA will organise a public seminar (conducted in Cantonese) on 10 March 2018. Admission is free and all are welcome. Click here to register