Agent fined $5,000 after admitting to creating fake house listing as marketing tactic

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Agent fined $5,000 after admitting to creating fake house listing as marketing tactic
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SINGAPORE — As a marketing tactic, an ERA property agent created a fake listing for a semi-detached house and lied to the Council for Estate Agencies (CEA) when questioned. On Friday (Jan 20), Terrence Lin, 37, became the first person prosecuted for providing false information under the Estate Agents Act. He was fined $5,000 for his offences. Between September and...

Property agent Terrence Lin is the first person to be prosecuted for providing false information under the Estate Agents Act.SINGAPORE — As a marketing tactic, an ERA property agent created a fake listing for a semi-detached house and lied to the Council for Estate Agencies when questioned.

The owners also engaged another property agent, known only as Gideon, to market their property for sale. In November 2020, Lin saw that another property agent, known only as Denise, had copied his fake listing to market the property. However, while recording a statement as part of the investigations, Lin provided false information to the council.

On Jan 21, 2021, three days after he recorded the statement, Lin wrote an e-mail to CEA confessing he was not authorised to sell the unit. In mitigation, Lin's lawyer, Justin Ng from Kalco Law, said: "As the Covid-19 pandemic came into full force in early 2020 and lasted for more than two years, the property market was significantly affected.

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