Real Estate Unfair Practices

 The Real Estate Agents Authority (REAA) has been in existence since November 2009 to ensure that fraudulent and unfair behavior in the Real Estate World are kept at bay. It is publicly open for people to complain against certain Realtors to the REAA and some examples found for unfair and/or illegal practices include:

• Telling vendors to pay for advertising they don't need for benefit of the agency, including a cut to the agent, and not the property. 
• Setting too high of prices to obtain business and then pushing the vendor down. This can also be practiced by setting too low of prices to get buyers and then trying to push vendors down.
• Not disclosing the realtor is working with this property for a close friend or relative

These are just a few things for new home buyers and sellers to be wary of when working with a realtor.