Real Estate salespeople are breaking ethical and legal rules in order to double their sales commission, despite their professional Code of ethics. The problem is exacerbated in Toronto’s red-hot real restate market where desperate home-buying consumers may not know if the agent has acted unethically in the closed-bidding system. The wrongdoing proves to be hard to prove and even harder to prosecute.. >>>
LINK: Real estate agents caught breaking the rules on Marketplace’s hidden camera
(by Saman Malik, Tiffany Foxcroft for Marketplace)
Attempting to buy a home in a red-hot market can make it feel like the deck is already stacked against you. But if a real estate agent is behaving unethically, it could cost you tens of thousands of dollars — even the house of your dreams.
An investigation by CBC Marketplace reveals some real estate agents are breaking the rules in an effort to double their sales commission.
Using hidden cameras, Marketplace documented how some of the top real estate agents in the Greater Toronto Area breached ethical and legal rules aimed at protecting consumers…..
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