Thu, 29 Mar 07
A campaign targeting rogue estate agents has been launched in
The goal of the campaign is to stop property being sold at inflated values; put an end to the sale of unregulated land and end the ractice of false pricing on deeds. The campaign also aims to stop dual pricing on Bulgarian and
The mission statement for the campaign is: "Quest for real estate ethics in
A quest for real accountability
Quest Bulgaria Managing Director Chris Goodall said: "We receive hundreds of emails and letters from buyers, agents and lawyers regarding real estate transactions - the good, the bad and the ugly of what's been happening. It is clear there is a desire for change.
"Whilst most agents are honest and provide a decent service, there are some who are being very greedy and spoiling it for all, especially for buyers. We want to put a stop to non-accountability and establish a system whereby both real estate professionals and consumers have recourse in the case of any dispute".
Mr. Goodall continued: "A free-for-all attitude in the real estate market has been destroying buyers and investors confidence in
Overwhelming support for the new code of conduct
Supporting the call for a code is Chris Downham, managing director of Bulgarian Home Loans. He observed: "There are definitely a few bad apples out there who can flourish while the market has so few rules. By developing a code of conduct to clamp down on these cowboys, we believe we will stamp this out."
Stephan Dimitrov, chief executive officer of Allied Pickfords International, also supports the code: "Quest
Chris Goodall added: "It is vital that we get people behind this campaign and vote for honesty, integrity and transparency in the estate agency business in
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