It’s Raimondo’s job to spread the myth of honest agents
The institute is headed-up by Enzo Raimondo (who once told the Victorian public that he did not know what was meant by dummy bidding). It’s Raimondo’s job to spread the myth that agents who belong to the institute are all honest and committed to a rigid code of ethics. [It’s hard not to laugh when writing such a statement].
The Real Estate Institute’s main role is to protect agents. The institute cares about agents. It does not care about consumers.
Enzo’s REIV Relies On Lies
How is it that Consumer Affairs Victoria can be “routinely ignored” while the REIV can introduce, and enforce its own new “laws”?
The answer is in the long standing tradition of real estate agents, the real estate industry, and REIV to tell lies. It is only through its ability to tell lies, and have those lies readily accepted by all and sundry, that the REIV will be able to maintain its role as lawmaker and enforcer. The REIV also relies heavily on journalists and other real estate industry participants to promote and comment favourably on the role of the REIV in “regulating” the industry.
Sure sign that the property market is heading for big trouble
Sure sign that the property market is heading for big trouble. Enzo Raimondo of the REIV is predicting that it will keep going up and up.
Under Raimondo’s leadership, the REIV acts as a law unto itself.
Under Raimondos leadership, the REIV acts as a law unto itself. Not only does it condone unethical conduct, it has also been accused of manipulating property statistics. In 2006, one of Australias most respected real estate researchers, Louis Christopher, slammed Raimondo as “a disgrace” and accused the REIV of “grossly unethical behaviour”.Yesterday, another leading Australian property researcher – who declined to be named for fear of retribution Raimondo is known to send lawyers after his critics – claimed that Raimondo and the REIV “have been fudging the figures for years”. He said, “They have rigged the system so that it creates the best possible result for their own purpose.”
via Real Estate News
Raimondo permitted to misinform consumers
The Age newspaper is very generous to Enzo Raimondo and the REIV. Raimondo is permitted to misinform consumers on a wide variety of real estate-related topics through his own column in the Saturday Age, and is even permitted to write his own copy. To see just how well The Age looks after Raimondo and his crew, take a look at this item featured on the ABC’s Media Watch: “Dirty Little Secrets”.
Enzo Raimondo, a master of the partial-truth
Enzo Raimondo, CEO of the Real Estate Institute of Victoria (REIV) is a master of the partial-truth. In a recent article in the Herald Sun newspaper Raimondo purports to advise consumers on “forming an accurate view about the value of a property” but deliberately avoids informing consumers of the easiest and most accurate method of all.
Enzo Raimondo 