Useful answers to questions about property transactions and estate agents’ services frequently asked by consumers.
Estate agency work has a wide definition in the law. Therefore, the EAA is of the view that you should not ask a caretaker who does not have an estate agent’s or salesperson’s licence to sell your property. Otherwise, the caretaker may be in breach of the law.
According to the Code of Ethics issued by the EAA, estate agents must serve their clients with honesty, fidelity and integrity, protect and promote the interests of their clients, and act in a fair and impartial manner to all parties involved in the transaction.
The EAA also suggests you read the Guide to Purchasing Second-hand Residential Properties or A Guide to Tenancy to learn more about the things you need to pay attention to when buying or renting a property.
Video of the EAA’s online seminar on “Be vigilant to the risks before purchasing off-plan properties outside Hong Kong” (in Cantonese only)