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  #41  
Old 10.03.2021, 11:07
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Re: Warning tricks makler large real estate agents beware when selling property.

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In the UK you start a petition if you want something done about injustices. How does it work in Switzerland to kick something off ? Who would you write to with respect to behavior of real estate agents being unregulated and no code of conduct ?

There is no injustice, just someone not using common sense or information that is widely available to anyone.
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  #42  
Old 10.03.2021, 12:02
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Re: Warning tricks makler large real estate agents beware when selling property.

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In the UK you start a petition if you want something done about injustices. How does it work in Switzerland to kick something off ? Who would you write to with respect to behavior of real estate agents being unregulated and no code of conduct ?
You seem to enjoy bucking the trend (general feedback youíve received) so why not start with

http://www.siv.ch/en/the-association.html
They might have been able to give you a few pointers before the fact.

Regarding a petition: Federal Constitution of the Swiss Confederation
Art. 33 Right of petition
1 Every person has the right, without prejudice, to petition the authorities.
2 The authorities must acknowledge receipt of such petitions.*
https://www.ch.ch/en/demokratie/poli...ights/petition
*but are not obliged to take measures

As you donít seem to be a Swiss National, Iím afraid an initiative is beyond your personal scope. Perhaps a few local friends might help you out
https://www.ch.ch/en/demokratie/road...ar-initiative/
My summary would be that a petition is about as useful to you as hoping for a presidential pardon while on death row in the USA. An initiative however, has a slightly higher success rate Ė 22 have been accepted since 1891. 345 were submitted and 217 have been voted on.
Donít forget, as the link above outlines, you and your local friends have to collect the valid signatures of at least 100í000 other disgruntled property sellers within 18 months.
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  #43  
Old 10.03.2021, 17:51
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Re: Warning tricks makler large real estate agents beware when selling property.

That is impossible ď you and your local friends have to collect the valid signatures of at least 100í000 other disgruntled property sellers within 18 months.Ē how many sales in CH are there in 18m. Maybe through social media but would be lucky even to find 100 people. Maybe i reach out to association and put it out there but the real estate agent said they are not a member so i donít know where to complain to expose their practices. Appreciate your advice never the less. Now i have to tell the neighbours what to expect who will be impacted there are three they really are going to be pissed but i was tricked as I said before and two offers from other buyers was not shared. I would rather have had someone sell on my behalf given this was my first experience in Switzerland. To the comment earlier a gutachter is the same in the UK as a surveyor if a surveyor is compulsory on sell side and costs shared between buyer and seller chf1500 each this would put a stop to these practices. I made a mistake and as I said those vulnerable i.e. older who don't understand what these people get up to will be torn to shreds by these unscrupulous people who have no ethics.
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  #44  
Old 10.03.2021, 17:55
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Re: Warning tricks makler large real estate agents beware when selling property.

You werenīt tricked, you just failed to use the information that is widely available.
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  #45  
Old 10.03.2021, 19:28
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Re: Warning tricks makler large real estate agents beware when selling property.

Look it is very simple the real estate guy gives me a valuation in 2016 then says in 2020 the valuation is still the same how can that be when properties increase chf30-60K a year. He pulled a fast one and even said he didnít know if Corona had an impact on prices these were all lies he acted without integrity and didnít disclose two other sellers who were interested. Why because he sensed he could bully me and get a way with it. Now if you think that kind of behavior is ok fine and the fault lies with me but i donít see it that way they have to be accountable for their code of conduct just like many other professions where you are removed from your profession for being dishonest. Just because i signed a contract does not mean his behavior is ok and that feedback should not be given and him not reported otherwise there is no integrity whatsoever and they will continue to wrong others.
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  #46  
Old 10.03.2021, 19:32
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Re: Warning tricks makler large real estate agents beware when selling property.

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Look it is very simple the real estate guy gives me a valuation in 2016 then says in 2020 the valuation is still the same how can that be when properties increase chf30-60K a year. He pulled a fast one and even said he didnít know if Corona had an impact on prices these were all lies he acted without integrity and didnít disclose two other sellers who were interested. Why because he sensed he could bully me and get a way with it. Now if you think that kind of behavior is ok fine and the fault lies with me but i donít see it that way they have to be accountable for their code of conduct just like many other professions where you are removed from your profession for being dishonest. Just because i signed a contract does not mean his behavior is ok and that feedback should not be given and him not reported otherwise there is no integrity whatsoever and they will continue to wrong others.
And why didnĎt you say something or ask???
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  #47  
Old 10.03.2021, 19:41
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Re: Warning tricks makler large real estate agents beware when selling property.

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Look it is very simple the real estate guy gives me a valuation in 2016 then says in 2020 the valuation is still the same how can that be when properties increase chf30-60K a year. He pulled a fast one and even said he didn’t know if Corona had an impact on prices these were all lies he acted without integrity and didn’t disclose two other sellers who were interested. Why because he sensed he could bully me and get a way with it. Now if you think that kind of behavior is ok fine and the fault lies with me but i don’t see it that way they have to be accountable for their code of conduct just like many other professions where you are removed from your profession for being dishonest. Just because i signed a contract does not mean his behavior is ok and that feedback should not be given and him not reported otherwise there is no integrity whatsoever and they will continue to wrong others.
I doubt prices are that much higher than in 2016, the chance of a 700k property now selling for 1 million or 1,060,000 in 2021 seems unlikely. I would expect many 'average' properties to fall due to COVID fall out.
I have taken a 17% hit on a property that was OVER valued in December 2019 & went on the market in May 20. I asked them to sell within 3 months so they priced 12% below, I accepted an offer from a cash buyer on Saturday at 17% below the fantasy valuation so 10 months rather than 3 months later. A previous purchaser offered the same in November but did not sign as she caught COVID & got frightened.
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  #48  
Old 10.03.2021, 23:19
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Re: Warning tricks makler large real estate agents beware when selling property.

He got me in a corner saying if he found a buyer i have to go with i should have said i want to consider other offers but he didn't come clean about the other offers. I was in wrong to be bullied but also he was dishonest.
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  #49  
Old 10.03.2021, 23:26
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Re: Warning tricks makler large real estate agents beware when selling property.

They actually thought i wanted to sell because of Covid and also took advantage of that. I woukdnt also be surprised if a fake viewing was setup as described by other forum member then they went in for the kill full asking price property developer it was all too fast to even think take it in but no doubt they are well voiced at this tactic otherwise why wasn't i informed of other two buyers.
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  #50  
Old 11.03.2021, 02:55
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Re: Warning tricks makler large real estate agents beware when selling property.

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Does anyone know how to kick off a petition to regulate this industry here or is not like UK ?
You really have not learned anything from your experience so far. You failed to do your home work once and you got burned and now having failed to do your research once again you are setting yourself up to get burned again.

Itís very hard to protect people from themselves, but in your case maybe getting a relative or close friend to handle property transactions for you might be an option.
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  #51  
Old 11.03.2021, 07:50
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Re: Warning tricks makler large real estate agents beware when selling property.

As i said what about the vulnerable i donít have any family or people who could have helped even if i searched this forum. I am only calling this out again nit pick i was wrong doesnít mean these people are excused and I would have liked more people like only one forum member who agrees with me that something needs to be done on the care and conduct given at time of real estate transactions remember sub prime where anyone could get a loan even when they had no job these were the same people amazing how people forget.
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  #52  
Old 11.03.2021, 08:18
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Re: Warning tricks makler large real estate agents beware when selling property.

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As i said what about the vulnerable i donít have any family or people who could have helped even if i searched this forum. I am only calling this out again nit pick i was wrong doesnít mean these people are excused and I would have liked more people like only one forum member who agrees with me that something needs to be done on the care and conduct given at time of real estate transactions remember sub prime where anyone could get a loan even when they had no job these were the same people amazing how people forget.
Simple, not every one gets a loan as you need to invest 20 percent or so yourself. Hugely different from what happened back then.

People will not agree with you as it is your responsability to check the facts.
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  #53  
Old 11.03.2021, 10:04
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Re: Warning tricks makler large real estate agents beware when selling property.

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As i said what about the vulnerable i donít have any family or people who could have helped even if i searched this forum. I am only calling this out again nit pick i was wrong doesnít mean these people are excused and I would have liked more people like only one forum member who agrees with me that something needs to be done on the care and conduct given at time of real estate transactions remember sub prime where anyone could get a loan even when they had no job these were the same people amazing how people forget.
Excused from what? The estate agent appears to have done nothing wrong, nothing unethical, nothing even slightly dodgy. You're simply suffering, as someone else said, from seller's remorse, believing that your house was worth more than you sold it for. Whether that belief is correct or not we have no idea, but suggesting that the agent deliberately swindled you is ridiculous - they simply suggested what they thought was a reasonable selling price and you agreed to sell at that price.

So I ask again - what, exactly, is the "something" that "needs to be be done"?

BTW the subprime crisis had little or nothing to do with Estate Agents - it was the banks who lent the money, supported the unrealistic housing bubble, the banks who then traded the bad debts, the banks who tried to hide their exposed positions, and in essence the banks who then burst the bubble causing a huge drop in house prices (in the US), mass repossessions and foreclosures and the subsequent economic downturn that it triggered.
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  #54  
Old 11.03.2021, 10:20
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Re: Warning tricks makler large real estate agents beware when selling property.

Buckie, I am sorry you feel sore about what happened.

But look at it the other way round. The 'makler' over estimates your property, and it sticks- for weeks, for months - then the market falls for whatever reason- and after a very long time, you have to massively drop the price and you have lost all that time, stress and worry, and still be no better off.
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Old 11.03.2021, 11:53
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Re: Warning tricks makler large real estate agents beware when selling property.

Had typed a reply then timed out
Conclusion i complained to company ceo they said no where to turn no regulation not member of makler association so dead end.
I cannot report this person for his behaviour if someone came to your house and burglared your house stole items you would report it or have an insurance to cover it . I have nothing can do and this behavior will continue. Sorry I could not take action well at least for others who may be tricked if allow it to happen. My point is it should not be allowed to happen and there is nothing to stop it so it will continue they know it no slap on the wrists or any rebuke just lets sell the next property as fast as we can make the buyer happy and ignore the seller if he is not willing to stand up to us for himself then he deserves all he gets. Life in general is pretty much like that if you don't speak up at a given time in your life.
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  #56  
Old 11.03.2021, 12:30
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Re: Warning tricks makler large real estate agents beware when selling property.

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My point is it should not be allowed to happen and there is nothing to stop it so it will continue they know it no slap on the wrists or any rebuke just lets sell the next property as fast as we can make the buyer happy and ignore the seller if he is not willing to stand up to us for himself then he deserves all he gets. Life in general is pretty much like that if you don't speak up at a given time in your life.
First of all a valuation is only an opinion of someone in the know, nothing more than that. They can be off by more that 50% at times, because it is only base on previous experience and on the day you can getting two buyers in competition and for the price up way beyond the valuation, or you can get little interest because that particular property is not favourable despite being in a marketable area. That is why you get more than one valuation.

Now had you taken even a little time to google this before you took action, you would have known this.... so how exactly to you expect society to protect you from yourself? Do we ask you to take some kind of test before allowing you to use your money to enter into a transaction????
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Old 11.03.2021, 15:19
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Re: Warning tricks makler large real estate agents beware when selling property.

Some people in society need protecting if you leave to the owner to dictate it doesnít always work hence consumers need protection that is what fidleg and finfrag etc is about. It is clear this sector needs regulation !
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  #58  
Old 11.03.2021, 15:38
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Re: Warning tricks makler large real estate agents beware when selling property.

ďSome people in society need protecting if you leave to the owner to dictate it doesnít always work hence consumers need protection that is what fidleg and finfrag etc is about. It is clear this sector needs regulation !Ē*

I understand you feel youíve been short changed. The info you give is a bit mixed, to say the least. As others have suggested, you might need protection from the consequences your own decisions.

Why donít you contact
https://www.ktipp.ch/beratung/ or
https://shop.beobachter.ch/rechtsberatung
They might be able to take up your issues if you agree to a back dated subscription. If they judge your story as juicy and scandalous as you imagine, they might do it for ďfreeĒ and you can post a conclusive link here after publication. Good luck!


*quoting seems a bit strange of lateÖ.
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Old 11.03.2021, 15:53
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Re: Warning tricks makler large real estate agents beware when selling property.

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Some people in society need protecting if you leave to the owner to dictate it doesnít always work hence consumers need protection that is what fidleg and finfrag etc is about. It is clear this sector needs regulation !
Personally I do not think regulation is good, look at Tobacco companies heavily regulated license to print money whilst killing people in the process.
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Old 11.03.2021, 15:58
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Re: Warning tricks makler large real estate agents beware when selling property.

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Personally I do not think regulation is good, look at Tobacco companies heavily regulated license to print money whilst killing people in the process.
Less "regulated" cartels (FI in Mexico) knock off quite a few folk as well...
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