One of Australia’s biggest property spruikers, Rick Otton, has been banned from promoting his get-rich-quick scheme in Western Australia.
Posts by Neil Jenman:
Here is something I never thought I’d say: “The Real Estate Institute of Victoria (REIV) has made a brave and ethical decision.” The Institute has chosen not to support an American motivational speaker who has spent time in prison for fraud and money-laundering and who is coming to Australia to teach his methods to agents.
A woman who claims she went from “virtually zero to a $3.5 million property portfolio in just 18 months” has been penalised by Queensland Fair Trading regulators over bogus seminar claims.
Prior to working for Belle Property, James Robertson worked for another real estate agency in Unley, Walter & Irvine Real Estate, owned by Kevin Walter and his wife Leanne Walter.
But if it’s bad for agents, it’s also bad for the people who traditionally pay the agents – the property sellers. Tens of thousands of properties are languishing unsold. No one wants to buy them. Or, at least that’s how it seems.
The NSW government has released a statement saying they “want to send a clear message that underquoting won’t be tolerated.”
How a gang of American spruikers is fleecing Aussies. Here’s how an American seminar gang is pulling off a multi-million dollar spruiking heist in Australia.
The motive behind false auction statistics. For many years, the Real Estate Institute of Victoria (REIV) has misled and deceived real estate consumers.
Psychologists call it the ‘Scarcity Principle’. The strategy is simple – tell your targets that the deal you are offering is limited – either to a set number of people or to a set period of time.
Recently, I sent a message to several people who, some time ago, had been conned into (I beg your pardon, I mean “persuaded to invest in”) a George Mihos ‘multiple-streams-of-income’ seminar.