Office of Fair Trading launch online register of dodgy estate agents….
The Office of Fair Trading has just launched an online version of its register of dodgy estate agents.
Estate agents listed have all been given warnings or been banned from estate agency work. The list can be viewed at www.oft.gov.uk/estateagentregister
Users can browse alphebetically or by date; the register provides details on how to report suspected breaches by a firm of an existing warning or prohibition order.
Those estate agents listed will have committed certain specific offences in relation to their business such as fraud, other dishonesty or violence; discrimination on the grounds of race or gender or failing to belong to an approved redress scheme.
Reputable estate agents are now desperately seeking new vendors with the National Association of Estate Agents recently reporting that there are four house hunters for every property on the market.
This is at a time when properties on estate agents books are at historic lows and the UK property scene is far from being a sellers market.
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