Hotline Flooded with Complaints About Real Estate Agents, Legislation Keeps Failing to Materialize
7 Articles
7 Articles
Housing Minister Elanor Boekholt-O’Sullivan wants to discuss possible measures against malpractice in the housing market with the House of Representatives. She responded on Friday to the hundreds of reports received by the Association of Homeowners (VEH) regarding real estate agents and the buying process. "I am fed up with people trying to profit from this housing shortage."
Vereniging Eigen Huis has collected more than nine hundred complaints via a hotline regarding dubious practices by real estate agents. These agents allegedly use various tactics during the buying process to drive up prices, at the expense of either the buyer or the seller. For instance, there were reports of agents attempting to encourage buyers to make a higher bid, even though they turned out to be the highest bidder.
An offer accepted after the deadline, or a real estate agent claiming that a higher bid was made while there is no record of this in the bidding log...
Unclear procedures, preferential treatment, and a lack of transparency: legal rules must be established for real estate agents. Real estate associations NVM and Vastgoed Nederland are joining the call of advocacy group Vereniging Eigen Huis. "It is time for a level playing field."
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