ACL campaign - Property Spruikers in the crosshairs

Discussion in 'Property Experts' started by Tyler Durden, 22nd May, 2016.

Join Australia's most dynamic and respected property investment community
?

Do you feel that property spruikers should be put on notice?

  1. No way!

    0 vote(s)
    0.0%

  2. Absolutely!

    15 vote(s)
    88.2%

  3. Impartial

    2 vote(s)
    11.8%
  1. Tyler Durden

    Tyler Durden Well-Known Member

    Joined:
    19th Jan, 2016
    Posts:
    350
    Location:
    Australia
    Tyler Durden, 22nd May, 2016
    #1
    S.T likes this.
  2. spludgey

    spludgey Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    3,527
    Location:
    Sydney
    I just saw this on the ABC website as well and was going to post about it.
    Good that they're creating awareness, I really dislike those spruikers.
     
    spludgey, 22nd May, 2016
    #2
    Tyler Durden likes this.
  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    42,051
    Location:
    Australia wide
    They mention getting advice from 'licenced professionals' however there is no licensing requirement for property advice. At the moment anyone can just start advising on property or running seminars as long as they are not giving tax or legal advice or trying to sell properties.
     
    Terry_w, 22nd May, 2016
    #3
    Greyghost likes this.
  4. Greyghost

    Greyghost Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    1,635
    Location:
    Brisbane
    Agree no licensing, however Ben Kingsley has developed a body called 'PIPA' which you can get an accreditation from. Trying to raise the standard of advice given.
     
    Greyghost, 22nd May, 2016
    #4
  5. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

    Joined:
    18th Jun, 2015
    Posts:
    42,051
    Location:
    Australia wide
    I am not sure if Ben developed it but he is the chair. However there is no requirement to join such an organisation (maybe there should be). The trouble is the spruikers just avoid these sorts of organisation.
     
    Terry_w, 22nd May, 2016
    #5
Buy Property Interstate WITHOUT Buyers Agents!

Buy Property Interstate WITHOUT Dropping $15k On Buyers Agents Each Time! Helping People Achieve PASSIVE INCOME Using Our Unique Data-Driven System, So You Can Confidently Buy Top 5% Growth & Cashflow Property, Anywhere In Australia