You might have just heard of the property agent who was recently fined $5,000 for putting up a fake listing online as a marketing tactic. It's a funny story, but what's not funny is just how long this has been an issue. As a homebuyer myself, I find it incredulous how in 2023 we still have to deal with such...
. It's a funny story, but what's not funny is just how long this has been an issue.
And don't even get me started on when the listings aren't even real . For more desperate homebuyers, they might have been catfished before by cunning agents dangling the hope to find a home. This would typically result in the agent just telling you that:In fact, it's so smooth, that you might not even have realised you've been catfished before.
You'd typically find this to be a bigger issue when the market turns and there are fewer buyers as compared to sellers.From what I know, there are stricter requirements to post a listing today – you need to achieve a high percentage of completion before you can post.I have also heard of cases where the listing gets taken down by the portal a day later because of inaccuracies, but it is still not completely foolproof at this point.
Other times, it's because the unit is in a deplorable state; so using pictures from the previous occupation is the best way to conceal it without outright lying. A picture of the condo facade is mostly useless to any prospective buyer. A picture of just the condo facade, plus an unusually low price and no interior pictures, may just be a scam or fake listing.If the description says there's a great view overlooking the park, a pool view, or a waterfront view, then there would logically be pictures supporting it. The seller would want to show it off.
In fact, we've had someone write to us about this: "I have heard a lot of agent talk about pool views with their video or whatever elusive views that is advertised interestingly only to be disappointed.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chingay 2023 returns in its full glory despite heavy downpourSINGAPORE - Chingay Parade returned with a bang on Friday, the first fully physical edition after two years of digital and hybrid formats. Read more at straitstimes.com.
Read more »
Bosch says Chinese recovery is key to 2023bsBERLIN/STUTTGART : German automotive supplier Bosch considers recovery in China as key to success this year, it said on Friday, steering clear of concrete forecasts despite reporting a more than 15 per cent jump in full-year operating profit.'We are observing whether demand will return. It was hugely da
Read more »
Azerbaijan to boost gas exports to Turkey by 19% to 10 bcm in 2023BAKU : Azerbaijan plans to increase natural gas supplies to neighbouring Turkey this year by around 19 per cent to 10 billion cubic metres (bcm) from 8.4 bcm delivered last year, Azerbaijan's Energy Minister Parviz Shakhbazov said on Friday.Turkey is almost fully dependent on imported gas from Russia, Aze
Read more »
Highlights from the fall/winter 2023 menswear collectionsQuiet luxury has prevailed.
Read more »
Nat Ho Signs Lease For Seoul Studio 6 Months After Moving There To Further Music Production CareerLooks like 2023 will be a busy year for Nat.
Read more »
Aviation rebound set to continue in 2023, but industry optimism tempered by uncertaintyThe extent of recovery will depend on how quickly flights to and from China can be reinstated, say industry experts. Read more at straitstimes.com.
Read more »