David King wrote:
As a retired veteran of the property industry with more than 40 years direct experience, I have to say that anyone who chooses to be a disciple of critics like Neil Jenman risks debate on at least two big issues (Ending the entrenched real estate racket, March 20).
The first is that Jenman has set up a straw man in order to knock him down for his own self-interest. He hates agents who auction properties. He hates agents who charge for advertising over and above their fee. Both of these practices are industry wide standards, both are eminently defensible, and neither causes much concern among the individuals involved.
Every industry includes creeps with bad ethics, and real estate agents are not excepted. But to imply that their activities have any influence over the price movements of the market at large is a furphy. It imbues the real estate agent with far more power than he actually possesses. Every individual who wishes to deal with an agent can make enquiries to ascertain an agency's reputation. Those who do not must proceed with caution.
20 Mar 2012 9:30 AM
Anthony Wood wrote:
David King (March 20, 9.30am) wrote "every industry includes creeps with bad ethics" (Ending the entrenched real estate racket, March 20).
This suggests that the ethics and honesty of the real estate profession is about par with other industries.
If this is the case why does the Roy Morgan poll continually for 30 years have the real estate industry in the bottom three for honesty and ethics. The latest survey has only 7 per cent of people surveyed consider the industry to be honest and ethical.
That is less than one person in ten views the real estate profession as honest and ethical.
20 Mar 2012 10:26 AM
Monday, March 19, 2012
newsarticle 20th March 2012
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