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The BBC goes after real estate agents

A recent undercover investigation by the BBC claims that real estate agents in the UK go to great lengths to exploit their informational advantage, including trumpeting fake offers, colluding with mortage brokers, and even tossing in a fake British passport with the property. It is an interesting article.

A quote in the article states, “Perhaps, like in the United States, estate agents should be required to have a qualification.”

(Thanks to Mary K. Elkins for the link.)