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Real Estate News

BANK ROBBER BANNED FROM BANKS

Real crims and real estate crims. by Neil Jenman. A bank robber who robbed a bank of almost a quarter of a million dollars has been banned from entering any bank premises for five years. Gus Grabovich, who has a long history of dishonesty – ranging from petty theft to major armed hold-ups – was…

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COLD AUGUST NIGHT

And the price of a promise. by Neil Jenman INTRODUCTION: Over the past two weeks, I have often been asked the same question: “Why haven’t you written anything about the judgement in the case of the families who invested with Bangaru?” It’s hard to know how to tell this story. It has been a dreadful…

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THE GOUGH RESPONSE

Harcourts and the hardest word. UPDATE. October 6, 2009. A Media Statement has been issued by Harcourts Queensland announcing that it has terminated Ben Gough’s Franchise Agreement. The statement said, in part, “We acknowledge and sincerely regret the distress this particular incident has caused the clients involved, and will continue to work with them to…

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DON’T PAY ANYTHING!

How sellers can save thousands of dollars. Opinion by Neil Jenman. It’s probably real estate’s biggest con. And it’s affecting thousands of property sellers every month. It’s the advertising stitch-up and here’s how it works. You decide to sell your property and you call the agent. The agent tells you that you’ve got a fine…

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GUILTY OF FRAUD

Spruiker faces lengthy jail sentence. UPDATE – On Friday, December 17, 2010, Bangaru was sentenced to eight and a half years in jail. He will be eligible for parole in six years and four months. When he is released he should be deported back to South Africa. ************** by Neil Jenman. One of Australia’s most…

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FLOOD VICTIMS NEED ‘VALUE’ COMPENSATION

Millions of dollars in unseen damage caused. by Neil Jenman For many years, Queensland solicitor Tim O’Dwyer has warned would-be property buyers about the likelihood of floods in his normally Sunshine State. O’Dwyer is furious that the government makes it compulsory for auctioneers of water-damaged vehicles to disclose to prospective buyers that the vehicle has…

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RICK OTTON BANNED

Consumers protected in WA by Neil Jenman One of Australia’s biggest property spruikers, Rick Otton, has been banned from promoting his get-rich-quick scheme in Western Australia. The WA Commissioner for Consumer Protection, Anne Driscoll, believed that Otton had been misleading consumers with the promotion of his rent-to-buy scheme. Otton has been widely promoting his claim that…

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REIV DESERVE PRAISE FOR ‘WOLF’ DECISION

But shame on fools at REIWA for gross stupidity! Comment 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…

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IF THIS IS HOW HE TREATS HIS BOSS….

How will James Robertson treat his clients? by Neil Jenman JAMES ROBERTSON is a salesman with Belle Property in Unley, a suburb of Adelaide. 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. Kevin…

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Three days Three seminars and Atleast Three Million

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. They began with an advertisement in The Sydney Morning Herald in May. Come and see “Australia’s Number One […]

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