Forum Replies Created
Thank you all for replying back to my posted question.
Is it safe to assume now that so-called property advisors are really just real estate agents (who does not carry Australian financial services license)trying to sell me properties they have on stock?
Also, if the so-called advisors are going to act as a buyer’s agent to help find investment properties for the investor (buyer) and the source of properties that they are going to recommend is from a developer who they know and is paying them commission (i.e. working for the developer)then wouldnt there be some conflict of interest there? Is’nt that illegal as stated in Property, Stock and Business Agents Act?
I think it would probably be unfair if I start mentioning names of companies who have approached me. I really just want to know if so-called realetate advisory companies who help clients find investment properties are licensed and regulated by ASIC to protect consumers.
