07 November 2007


The new Real Estate legislation is well overdue. This Dilbert cartoon sums it up in many peoples minds. Interesting that even in the US they think along the same lines. I have had few dealings with Real Estate Agents as it is not often in your life that one sells a house. However, apart from dealing with a personal friend who is an Agent (and he was great) the other dealings have ranged from poor to abysmal. At the time we dealt with the abysmal one a friend, who was also dealing with the same Agent, tape recorded all his actions and used that as proof of the lies to obtain a payment from the firm.
The only fault I see in the legislation at present is that the fines are far too low - should be up to $500,000.
John Key was on TV this morning and he seems to favour the legislation but he is turning into a "burbler" - going on and on and seemingly wants to have a bet both ways on this as well as the fireworks problem and the Fiji disaster.