What do the following have in common?
“2016 REINZ Agency of the Year” ; “consultants that have knowledge, expertise, honesty and integrity” ; “Australia’s best-known and most trusted real estate brand.”; “Because we respect that our investors have choices!” ; “wins multiple accolades at the Real Estate Institute of New Zealand “
Apart from being a great bunch of quotes.. they come from the websites of Barfoot and Thompson, Harcourt’s, L J Hooker and Ray White, Bayleys respectively. These quotes seem a little inconsistent with the headline “Commerce Commission’s real estate action imposes big penalties on major agencies” and having been found guilty of price fixing and anti-competitive behavior (collectively $12m+ of fines imposed).
Apparently “None of the agencies had any intention to breach the law”…
This will be quite a good case study when teaching ethics next year.