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Old 12-07-2008, 04:30 PM
Olly Olly is offline
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Join Date: Jan 2008
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Oh why do people fall for these types of ruse so often? Sadly the UK is full of people trying to sell property with not a jot of experience nor training. If they don't realise the financial dangers to their buyers (and themselves shortly) it's about time they looked closer at the laws governing real property across the world.

It's a massive subject and if you are working with a brand new organisation with little trading experience and 'probably' even less real estate knowledge & experience, You, the agent could find yourself in deep waters - even jail in some countries. USA is just one of these countries incidentally and there are several in Europe too.

For goodness sake BE careful and don't be hood-winked into becoming a freelance sales person without proper assurances & due diligence on the knowledge and practices of the Company making the offer.

...and, just for the record I am a British, US Licensed Realtor & International Property Specialist affiliated to one of the world's largest residential real estate corporations and, a Commercial Finance Broker working between my bases in Europe & USA.

Across the years I've witnessed numerous people (including uk estate agents) lose vast amounts of money for their clients (themselves too). In three instances Brits were arrested. One received a massive fine and and had to pay restitution of the buyers lost funds - the agent lost his uk home in the process. Two others went to jail and suffered similar fetes.

Legislation & regulation is coming to the uk in the near future and, therefore, don't just become someones agent, get trained and learn about property - at least the very basics - including the laws pertaining to the country you might be selling into. Learn to protect your buyers not just sell & run.

There's masses of room in the industry fo those who wish to raise the levels...

Olly

Last edited by Olly; 12-07-2008 at 04:32 PM.
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