Verifying information about a property before presenting it to a potential buyer is a cornerstone responsibility for an estate agent.

Estate agents should protect the interests of their clients and should not make any misrepresentation to them. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.

Estate agents must act in an honest manner and not issue any advertisements containing misleading or wrong information. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.

Estate agents should make a full disclosure of any conflict of interest to their clients in relation to the properties they handle. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.

Estate agents should act according to their clients’ instructions and should not commit misrepresentation to clients.

“Tenancy Guide for Non-local Students in Hong Kong”

The booklet introduces to non-local students the important points to note about renting a flat in Hong Kong.
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Estate agents should ensure that all parties agree to all the information and terms provided in a tenancy agreement, and they should explain accurately to clients each clause.

Estate agents should not make any misrepresentations to clients on the property purchase price and relevant stamp duties. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.

WHEN arranging for clients to sign a provisional agreement for sale and purchase of a property, estate agents should not leave essential terms blank – such as the total amount of commission payable by the purchaser and/or the vendor. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority.

It may be risky for purchasers to pay deposits directly to vendors – especially in the transaction of properties involving undischarged mortgages.
Estate agents should warn the purchaser of the risks involved, and advise the client to stakehold the deposits by a firm of solicitors before arranging for the parties to sign the provisional agreement for sale and purchase.