$20,000 Commission - Money For Nothing
Let's call the real estate agency "Arrow-Maker Realty" (AMR), and their conveyancing company "Arrow-Maker Conveyancing" (AMC). Both operate under the "Arrow-Maker" banner, and clients of one are encouraged to utilise the services of the other.
It sounds like good business to offer a one-stop-shop service. But in this case the arrangement became a conspiracy against the client. It is a perfect example of what consumers can expect with the inevitable infiltration of estate agents into the conveyancing industry.
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