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| Feb 6, 2008 | |
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More should be done to prevent rogue property agents from fleecing the public
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| I REFER to the report, 'Plans for new group to lift standards of housing agents' (ST, Feb 4), in the face of rising complaints against rogue agents.
Recently, I encountered an agent from a top agency who tried to reduce the sale price of my flat and pressure me into quickly closing the sale. I made a complaint to the agency. But it replaced the agent only after he had filed successfully, against my wishes, with the HDB for the first appointment. Many people are using a large portion of their CPF money to buy a roof over their heads. Hence, I urge government agencies to do more to protect HDB flat owners from rogue agents. It should not be left to the industry to self-regulate as this has been unsatisfactory so far. I suggest the following: >>That agents representing sellers cannot represent buyers for the same property, that is, buyers' agents must be independent of sellers' agents because of conflict of interest. >>That a list of registered agents be maintained as well as a list of barred agents and that no agency is allowed to employ agents who have been debarred to practise under its umbrella. >>That HDB conduct workshops to educate flat owners on all the procedures, legal forms and declarations, etc, involved in the sale and purchase of HDB flats. I hope the relevant authorities can look into these suggestions. Goh Hock Tee | |
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