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top Auckland real estate agent alters LIM

#Post
1

Will his name ever be revealed? Will this article be censored?

https://www.nzherald.co.nz/nz/man-accused-of-doctoring-lim-r
eport-to-sell-own-house-now-top-auckland-real-estate-agent/U
RFG7TR2B4XVZGBXY45JTQ6RSE/

The man has been charged with knowingly using an altered document to defraud and could be jailed for up to 10 years if convicted of the crime.

Police say the altered LIM report was uploaded to the listing agency's website and relied upon by the buyers, who paid nearly $1.2 million for the North Shore home in 2015.

They only learned it might be leaky when they went to sell it several years later and requested their own LIM from Auckland Council.

It's understood the new report included the missing reference to weather tightness problems and they were forced to sell the property for less than expected.

It's estimated they suffered financial damage of up to $335,000 as a result of the alleged deception

trade4us2 - 2021-08-07 09:46:00
2

Which is why buyers need to get their own LIMs, titles EQC statements etc. etc..

The REI should forbid agents to supply "vendor" documents. The current situation is wide open to abuse as it has become the norm in many cases.

tony9 - 2021-08-07 10:40:00
3

A dishonest real estate agent? NEVER!

lakeview3 - 2021-08-07 11:04:00
4
tony9 wrote:

Which is why buyers need to get their own LIMs, titles EQC statements etc. etc..

The REI should forbid agents to supply "vendor" documents. The current situation is wide open to abuse as it has become the norm in many cases.

case law says otherwise, vendor/ agent is liable.

gabbysnana - 2021-08-07 11:07:00
5

The Herald article says (at 9am this morning)
"The alleged offending occurred before he became a real estate agent, coincidentally with the same firm he used to sell his house."

So my heading is probably wrong.

trade4us2 - 2021-08-07 12:28:00
6
tony9 wrote:

Which is why buyers need to get their own LIMs, titles EQC statements etc. etc..

The REI should forbid agents to supply "vendor" documents. The current situation is wide open to abuse as it has become the norm in many cases.

REINZ is a voluntary membership group with no ability to force agents to do anything.

johnston - 2021-08-07 12:36:00
7
gabbysnana wrote:

case law says otherwise, vendor/ agent is liable.

Case law is that the agent and vendor can be liable and the purchaser can have damages reduced if they did not commission their own reports.

johnston - 2021-08-07 12:52:00
8
johnston wrote:

Case law is that the agent and vendor can be liable and the purchaser can have damages reduced if they did not commission their own reports.

But but but mere conduit *wink*

sparkychap - 2021-08-07 12:53:00
9
johnston wrote:

REINZ is a voluntary membership group with no ability to force agents to do anything.

Yes, but it would seem to be the best agency to set standards agencies.

FWIW, we have not got a LIM for the past 30 years since I did some work at a City Council. I just visit, look at the documents and have a nice wee chat. When we bought in Christchurch 20+ years, and while I was at the council, i looked at the archives and had my chat. The guy said "Oh we also have these but they are draft at this stage". They were liquification risk maps for Christchurch (this was well before the Canterbury sequence), the place we looked at and bought was just outside a risk area. The maps were right!

This was NOT luck on my part, it was me doing MY due diligence.

Edited by tony9 at 3:22 pm, Sat 7 Aug

tony9 - 2021-08-07 15:21:00
10

The agent would of just been trying to help.

ash4561 - 2021-08-07 16:20:00
11
ash4561 wrote:

The agent would of just been trying to help.

And the Award for the Person Not Reading The Article In Question goes to....

sparkychap - 2021-08-07 16:58:00
12
tony9 wrote:

Yes, but it would seem to be the best agency to set standards agencies.

FWIW, we have not got a LIM for the past 30 years since I did some work at a City Council. I just visit, look at the documents and have a nice wee chat. When we bought in Christchurch 20+ years, and while I was at the council, i looked at the archives and had my chat. The guy said "Oh we also have these but they are draft at this stage". They were liquification risk maps for Christchurch (this was well before the Canterbury sequence), the place we looked at and bought was just outside a risk area. The maps were right!

This was NOT luck on my part, it was me doing MY due diligence.

Agree. If spending $1,200,000, the cost of several L.I.M. would be insignificant.

amasser - 2021-08-08 16:18:00
13
ash4561 wrote:

The agent would of just been trying to help.

Would "have", not "of".

seaqueen - 2021-08-08 17:56:00
14

So you are still lurking SQ! Nothing like some bad England to bring you out of retirement. My eye did twitch a little when I read "would of" so I guess I shouldn't throw too many stones.

cinderellagowns - 2021-08-08 19:43:00
15
sparkychap wrote:

And the Award for the Person Not Reading The Article In Question goes to....

You’re slipping. The sarcasm was obvious.

committed - 2021-08-09 17:29:00
16
seaqueen wrote:

Would "have", not "of".

A woman after my own heart.

committed - 2021-08-09 17:31:00
17
committed wrote:

A woman after my own heart.

She’ll eat it with Fava beans and a nice Chianti.

sparkychap - 2021-08-09 17:36:00
18
committed wrote:

You’re slipping. The sarcasm was obvious.

but they weren’t an agent when they committed the crime…

sparkychap - 2021-08-09 17:37:00
19

If he's found guilty he's gone from real estate for at least 10 years.

johnston - 2021-08-09 19:18:00
20

The member deleted this message.

sparkychap - 2021-08-09 19:20:00
21
lakeview3 wrote:

A dishonest real estate agent? NEVER!

Ha! White collar crime = 10 years? NEVER!

marte - 2021-08-10 02:31:00
22
marte wrote:

Ha! White collar crime = 10 years? NEVER!

No one said anything about 10 year’s imprisonment…

sparkychap - 2021-08-10 07:00:00
23
marte wrote:

Ha! White collar crime = 10 years? NEVER!

What's so difficult to understand about 10 years?

johnston - 2021-08-10 08:43:00
24
johnston wrote:

What's so difficult to understand about 10 years?

Nothing as long as your brain hasn’t decade.

sparkychap - 2021-08-10 08:49:00
25
sparkychap wrote:

Nothing as long as your brain hasn’t decade.

That eliminates some posters from the get go.

johnston - 2021-08-10 08:55:00
26
johnston wrote:

If he's found guilty he's gone from real estate for at least 10 years.

What does a "failed" Real Estate Agent do next ?? Consultant / Property Developer?

Edited by onl_148 at 12:11 pm, Tue 10 Aug

onl_148 - 2021-08-10 12:11:00
27
onl_148 wrote:

What does a "failed" Real Estate Agent do next ?? Consultant / Property Developer?

Become an MP.

johnston - 2021-08-10 14:24:00
28
cinderellagowns wrote:

So you are still lurking SQ! Nothing like some bad England to bring you out of retirement. My eye did twitch a little when I read "would of" so I guess I shouldn't throw too many stones.

I do lurk occasionally when there's nothing on the telly. I also sometimes go to post, mostly in response to Lakeview's nonsensical posts, but then I think - do I really have the energy to argue with a complete stranger on the internet, when I can argue just as easily with Mr SQ in the comfort of my own lounge? No...no I don't.

seaqueen - 2021-08-10 17:23:00
29
sparkychap wrote:

Nothing as long as your brain hasn’t decade.

Good score.

seaqueen - 2021-08-10 17:24:00
30
seaqueen wrote:

I do lurk occasionally when there's nothing on the telly. I also sometimes go to post, mostly in response to Lakeview's nonsensical posts, but then I think - do I really have the energy to argue with a complete stranger on the internet, when I can argue just as easily with Mr SQ in the comfort of my own lounge? No...no I don't.

what a relief!

lakeview3 - 2021-08-10 17:48:00
31
seaqueen wrote:

Good score.

You don't know the half of it...

sparkychap - 2021-08-10 18:47:00
32
sparkychap wrote:

You don't know the half of it...

Only a fraction of posters will get that.

johnston - 2021-08-10 19:09:00
33
johnston wrote:

Only a fraction of posters will get that.

My response to that would be improper.

sparkychap - 2021-08-10 19:25:00
34
sparkychap wrote:

My response to that would be improper.

You have to draw the line somewhere.

johnston - 2021-08-10 19:27:00
35
johnston wrote:

You have to draw the line somewhere.

I see your point.

sparkychap - 2021-08-10 20:14:00
36
sparkychap wrote:

I see your point.

I knew I could count on you.

johnston - 2021-08-10 20:19:00
37
johnston wrote:

Only a fraction of posters will get that.

A vulgar fraction?

zak21 - 2021-08-10 20:52:00
38
johnston wrote:

Only a fraction of posters will get that.

Let's not create such division.

seaqueen - 2021-08-11 08:14:00
39
seaqueen wrote:

Let's not create such division.

You cannot have your Pi and eat it too.

johnston - 2021-08-11 10:30:00
40
zak21 wrote:

A vulgar fraction?

You’re surely thinking of 6.9. A terrible time for a period.

committed - 2021-08-11 16:11:00
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