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People’s life savings ‘must be protected’
Industry experts are united in their concerns over the controversial practice of deposit flicking.
Trust Account Compliance
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Regulation
Deposit flicking: Real estate agents urged to cease and desist
Real Estate Institute NSW issues alert to agents, saying ‘we are recommending that members not engage with the model’.
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Regulation
Practice raises ‘serious contractual and legislative concerns’
Real Estate Institute of NSW backs calls for deposit flicking to have ‘closer scrutiny’ from authorities.
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Regulation
No escaping accountability despite ‘deposit flicking’
But conveyancing body wants to meet with Fair Trading to stop process of house deposits going to a third party.