Real Estate News Current Real Estate news
The Purple Bricks Fiasco
There was one major flaw with English real estate company Purple Bricks and their entry into the Australian real estate market: They were dodgy.
Media Article
A national real estate agency has entered into two enforceable undertakings with the Office of Fair Trading (OFT), for alleged breaches of the Australian Consumer Law and the Property Occupations Act 2014.
Bank Robber Banned from Banks
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.
Cold August Night
On a cold August night, back in 2005, I made a big mistake. I made a promise to a journalist by the name of Paul Barry that a woman by the name of Maria Di Benedetto would not lose her home.
The Gough Response
There are few sights more ridiculous in the business world than businessmen attempting to defend the indefensible.
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 […]
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 […]
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 […]
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 […]
REIV Deserves 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 […]
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 […]
Kung Fu Spruiker
Edwin Goulding and “Peasantville”. UPDATE MARCH 17, 2009. Ed Goulding was banned last week from giving financial advice for 25 years. A good result from ASIC on this one. For more details, click here. ************************** by Neil Jenman This is a story about a get-rich-quick (for him) spruiker by the name of Edwin James Goulding […]
Three Days, Three Seminars, and at Least 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 […]
REIV Caught Cheating – Again
For many years, the Real Estate Institute of Victoria (REIV) has misled and deceived real estate consumers. Whether it be trying to justify (or deny) dodgy practices such as false price quoting or whether it’s brushing-aside common claims of widespread dishonesty, as far as real estate […]
The 47 Pitch
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. Any get-rich-quick spruiker knows that one of the best ways […]
The Purple Bricks Fiasco
There was one major flaw with English real estate company Purple Bricks and their entry into the Australian real estate market: They were dodgy.
Media Article
A national real estate agency has entered into two enforceable undertakings with the Office of Fair Trading (OFT), for alleged breaches of the Australian Consumer Law and the Property Occupations Act 2014.
Bank Robber Banned from Banks
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.
Cold August Night
On a cold August night, back in 2005, I made a big mistake. I made a promise to a journalist by the name of Paul Barry that a woman by the name of Maria Di Benedetto would not lose her home.
The Gough Response
There are few sights more ridiculous in the business world than businessmen attempting to defend the indefensible.
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 […]
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 […]
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 […]
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 […]
REIV Deserves 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 […]
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 […]
Kung Fu Spruiker
Edwin Goulding and “Peasantville”. UPDATE MARCH 17, 2009. Ed Goulding was banned last week from giving financial advice for 25 years. A good result from ASIC on this one. For more details, click here. ************************** by Neil Jenman This is a story about a get-rich-quick (for him) spruiker by the name of Edwin James Goulding […]
Three Days, Three Seminars, and at Least 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 […]
REIV Caught Cheating – Again
For many years, the Real Estate Institute of Victoria (REIV) has misled and deceived real estate consumers. Whether it be trying to justify (or deny) dodgy practices such as false price quoting or whether it’s brushing-aside common claims of widespread dishonesty, as far as real estate […]
The 47 Pitch
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. Any get-rich-quick spruiker knows that one of the best ways […]