Guidance note code of conduct for real estate agents and sales reps
Client identification verification and real estate fraud prevention.
Identity fraud and scams are increasingly prevalent throughout the community, and the property industry is not immune to falling victim to such events.
Two highly publicised incidents in September 2010 and March/April 2011 resulted in properties being sold in Western Australia without the knowledge and consent of the lawful property owners.
These sales were undertaken by real estate agents who were contacted by criminals masquerading as the true owners.
This document goes on to address: