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 Cheated by real estate agent, its my first house and its end up a mess

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SUSGazprom200
post Aug 9 2014, 06:11 PM

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849 posts

Joined: Aug 2014


QUOTE(dingdong985 @ Mar 5 2011, 11:40 PM)
Hi all.

FYI: I was told http://www.miea.com.my/ this can help me. smile.gif Any success case can share with me?

would like to seek help from you guys... sad.gif  icon_question.gif  icon_question.gif
I was lured into a trap by a real estate agency into purchasing a Bumi lot.
The 1st time when I go n view the house, the first thing i asked is whether it is a Bumi lot
the agent confirm me it is not.... sad.gif
And then after all deal, I have paid 3% deposit to him. When I was giving him the cheque, the owner part is not signed yet.
When he give me the confirmation letter after the owner sign I saw he is a malay.

When I feel it is some kind fishy, I asked him again whether it is a Bumi lot, he again vy confirm and sure that it is not.
I feel not safe and I go and google the unit. End up I saw the unit is auction before at 2009, and it is a BUMI LOT!!

And then suddenly his lawyer called and I asked the lawyer to confirm it and finally it is confirmed.
I called up the agent and try to cancel the deal with him and get back my deposit as it will be issue in transferring the title for the unit.

What the agent do is:
1) try to convinced me to buy the unit ( where he has the way to change the title  shocking.gif  )
2) told me that he dunno it is a Bumi lot ( which is at 1st he VERY SURE it is not )  mad.gif

And now he still refuse to pay back my deposit. sad.gif
If I know it is a BUMI LOT i won't proceed with the purchasing. 

Anyone face the same cases before or anyone got any good suggestion what to do?  icon_question.gif  icon_question.gif

My lesson is " Do not fully trust your agent" and try to do lot of research yourself. Even no help given, I hope this give some tips to other property buyer.
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Talk to the real estate company not the agent. Agent don't care wan
SUSGazprom200
post Aug 9 2014, 06:17 PM

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Senior Member
849 posts

Joined: Aug 2014


QUOTE(bluecoat @ Aug 9 2014, 02:35 PM)
Real estate agent may want to protect their own rice bowl , but I saw most of them is not responsible .some more always try to create story. I would like to say we are buying property which is affect in whole life and not cheap. Please be more honest and responsible
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I agree there are alot of irresponsible agents. Alot of those agents are doing it part-time while some just came into the industry thinking its easy to make big bucks. These people will "hit and run" i.e. try to make as much money from you using tactics bordering on illegal. Coz for them at the end of the day, they just want to do it for the short term, earn their money and run.

That is why, always look for agents with a track record. Ask them low long have they been an agent. If anything less than 5 years, be cautious. Also avoid those who are doing it part-time. Since the real estate market isn't regulated, anyone can go in and out of the industry as and when they like

 

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