False Architect Claims Increase House Prices

05 October 2011 - Which Way to Pay

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False Architect Claims Increase House Prices

The real estate industry has once more come under scrutiny following accusations that some real estate agents are falsely claiming that houses have been designed by architects to increase their value. Following an investigation by The Real Estate Agents Authority, 2 Hamilton real estate agents have been found guilty of unsatisfactory conduct. The agents had been marketing houses, claiming to be designed by ‘award winning architects’.

Paul Jackman, the chief executive of the Registered Architects Board, was the main complainant for both cases. Jackman has said that the estate agents purposely made false claims with the direct intention to benefit themselves as well as the vendor of the properties in question, the victims being the prospective buyers. Earlier this year the Registered Architects Board had made complaints to the Real Estate Agents Authority over 23 estate agents making similar claims.

In the defence of the claims, one agent from Success Realty claimed that he had been assured in both cases that the properties in question were designed by architects by the vendor. He did admit that he did not check if the claims were true and used the information to market the houses.

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