Estate Agents warned over ‘Portal juggling’
A recent article on the nationaltradingstandards.uk website headlines Estate Agents warned over ‘portal juggling’
It leads… Illegal practice that misleads homebuyers on property websites in the spotlight”.
Estate agents who deliberately mislead potential homebuyers through the practice known as ‘portal juggling’ are being warned that they could be prosecuted and face a ban from working in the industry. The warning comes from the National Trading Standards Estate Agency Team, which has confirmed that the practice is in breach of trading regulations and – in some cases – can be fraudulent.
The National Trading Standards Estate Agency Team is issuing the warning following a number of enquiries and complaints about the practice, which involves the deliberate removal of properties on major property portals before relisting them – often with minor differences – to make them appear new on the market. The National Trading Standards Estate Agency Team has received complaints that some agents who may be struggling to sell a property are using this practice to mislead potential homebuyers…more
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