Posts tagged as:

Flips For Profit

Agency Pays Up on Flipping Profit to Couple

March 6, 2009

Remember the case we mentioned a month ago with regards to two unethical agents? The agency pays up the differences to the original sellers of $257,000.00 and the agents have since quit the firm.
A COUPLE who successfully sued estate agency ERA Realty Network for flipping their apartment has got back the money that the agents [...]

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Couple Wins Difference, Agency Ordered to Compensate 275K

February 5, 2009

The verdict is out for the property flipping incident involving the marketing agent friend we’ve mentioned about few days ago.
REAL estate agency ERA has been ordered by the High Court to cough up $257,000 and other expenses to a married couple whose property agent had acted in conflict of interest.
…
When a property agent is engaged [...]

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Couple Sues Agency Firm After Buyer Flips For Profit

January 22, 2009

Ethical issues?
WHEN a married couple sold their downtown apartment for $688,000 in 2007, they thought it was the best deal they were going to find.
But soon after they granted the buyer the right to purchase the property, the two-bedroom Keng Cheow Street apartment was re-sold for $945,000.
It was only later that Mr Yuen Chow Hin [...]

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