Concrete Analysis | Hong Kong property agents risk disciplinary action if the information they give clients is inaccurate

  • Providing any misleading information to in order to close a deal quickly or attract consumers brings disrepute to the trade, warns EAA
  • Buyers or tenants can also do their own research instead of solely relying on the information provided by the estate agents

A potential customer looks at ads in the window of a property agency office in North Point, Hong Kong. Photo: Nora Tam
When listing a property or looking for one for sale, purchase or lease, both the vendor/landlord and the buyer or tenant will most likely consider the relevant market data. Such information could affect their decision making.
If estate agents decide to provide the relevant market data to their clients, they must ensure that the information provided is accurate. Otherwise, they may be subject to disciplinary action by the Estate Agents Authority (EAA).
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