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Estate Agents Sales - Rentals Conflict Of Interest

Submitted on Wednesday 21st September 2011

Published on Friday 23rd September 2011

Current status: Closed

Closed: Sunday 23rd September 2012

Signatures: 3

Petition Action

Estate Agents Sales - Rentals Conflict Of Interest

Additional Information

Ban the joint sales and rentals of properties because of the inherent conflict of interest.

There is no incentive for estate agents to lower house sales during a recession because they can fall back on rental incomes. This is complicated by the fact that high house prices keeps people renting thus reinforcing their gauranteed income base making them less concerned about lowering sale prices in order to make sales.

Seperating these two business interests will make the sales business competitive in the public interest.


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