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 Real estate Agent instigate property rents Price

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Chanzeryl
post Jan 28 2024, 04:24 PM

On my way
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QUOTE(Red_rustyjelly @ Jan 22 2024, 02:44 PM)
I am the owner of 1 shop lot property which I am renting it to my aunt for her small business, I rent to her at 10% lower than the market price. Assuming 6000, I am renting it for 5500 to her.

Recently, there was a realtor who called me up to ask if I am the owner of the property and he told me he can rent it out at higher price than the market value of RM 6000 to RM 8000. And he told me the tenant in my shop now is looking for him to find a cheaper location which means I will have the potential to have no tenant if i don't act fast.

I found it very weird, so I gave my aunt a call she told me no such case. So I went to my shop lot area to dig around, so happened one of the car workshop guy whom I always send my car for maintenance told me their rent increased by 30% suddenly, usually is 7-10% every year depending on rent value. He also suspected the realtor did this because the owner called him and asked him if he is moving out already at the very first conversation.
while there is no evidence we can get this because it is a willing buyer willing seller right, is there any government office we can report these cases to?
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I got the same call too so i just asked the Agent to deposit money into my account first but he blocked me. Why ah confused.gif
JimbeamofNRT
post May 18 2024, 01:45 PM

the Original Lanji@_ Chicken Rice Shop Since 2002
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QUOTE(nexona88 @ Jan 23 2024, 12:10 PM)
nothing new...

been like this for don't know how many donkey years...

agents always cunning one... create "new market" when there's none....
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the same hkc fellas who created partition room business.
JimbeamofNRT
post May 18 2024, 01:46 PM

the Original Lanji@_ Chicken Rice Shop Since 2002
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QUOTE(scorgio @ Jan 22 2024, 02:59 PM)
There's a longtime agent from USJ retired abruptly last year because she's doing the abovementioned.

After getting news that both landlords & tenants wanted to whack her.

Tenants who'd been renting 15-20 yrs & paying on-time were forced to vacate/shift because she's been promising landlords 30-50% higher rent.

While from landlord side, after old tenant left, cannot get new tenant, as the deposit alone is 5-digit.
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mind sharing me the info? because I happened to come across same thing happened recently in taipan. thanks
nexona88
post May 18 2024, 03:35 PM

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QUOTE(JimbeamofNRT @ May 18 2024, 01:45 PM)
the same hkc fellas who created partition room business.
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That one seriously I really speechless one...

Partitions rooms for maximum $$$...
No privacy or security... If fire happened...
Really GG
JimbeamofNRT
post May 18 2024, 03:45 PM

the Original Lanji@_ Chicken Rice Shop Since 2002
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Senior Member
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Joined: Sep 2012

QUOTE(nexona88 @ May 18 2024, 03:35 PM)
That one seriously I really speechless one...

Partitions rooms for maximum $$$...
No privacy or security... If fire happened...
Really GG
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these cbk RA/LL where got moral conscience
as long can get more $$$
anything goes

 

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