Property

Forster questions role of lawyers in finders' tussle

Property finder Dorien Forster has broken her silence over her court battle with the Real Estate Agents Authority (REAA), questioning the role of lawyers in the transaction that led her to the High Court.

Friday, January 27th 2012

She said the house purchase in question was guided by three lawyers with 80 years experience between them.

"If there was any transgression into unlawfulness presented by the new law [the Real Estate Agents Act 2008], surely the lawyers should have raised some concern?"

"If three paid lawyers could not see the danger I was in, how could the average citizen be expected to see it? I know of no other criminal getting convicted with the help of three lawyers through the whole process."

However, Forster's concerns over the role of lawyers in the transaction were dismissed by REAA legal counsel Martin Sawyer.

He said any doubt around the quality of legal advice should be directed to the lawyers in question.

"The transaction undertaken was the focus of our inquiries," he said.

"The legislation and judgment are clear. If you are providing work or services, in trade, on behalf of another, to bring about a transaction then you are carrying out real estate agency work.

Forster also criticised the application of the Real Estate Agents Act in a case in which she said it was made clear to all parties that she was not a licensed agent.

"The complaint form stipulates that it is to be used only for agents who have held a license since November 17, 2009," she said.

"Nowhere in this Act does it mention the words property investor, property developer, property manager or property trader, the domain I am in"

Forster said that while she was pleased to have her conviction discharged, "the time involved and the expensive court costs paid for by the taxpayer and me have not got us any nearer to clarity for property traders about this new law."

Most Read

Unity First Home Buyer special 3.99
ICBC 4.25
SBS FirstHome Combo 4.29
Co-operative Bank - First Home Special 4.35
Co-operative Bank - Owner Occ 4.45
TSB Special 4.49
ANZ Special 4.49
ASB Bank 4.49
SBS Bank Special 4.49
Unity Special 4.49
Westpac Special 4.49
TSB Special 4.00
SBS Bank Special 4.49
Kainga Ora 4.49
Kiwibank Special 4.49
Nelson Building Society 4.59
ICBC 4.59
Unity Special 4.65
BNZ - Std 4.69
ANZ Special 4.69
Westpac Special 4.75
ASB Bank 4.75
SBS Bank Special 4.99
ICBC 4.99
Kainga Ora 5.15
Westpac Special 5.29
BNZ - Std 5.29
Kiwibank Special 5.39
TSB Special 5.39
ASB Bank 5.45
AIA - Go Home Loans 5.45
Co-operative Bank - Owner Occ 5.49
SBS Bank 5.59
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank - Offset 5.65
Kiwibank 5.65
ANZ 5.69

More Stories

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.

Buyers sitting on the sidelines in best time to buy in a decade

Thursday, December 04th 2025

Buyers sitting on the sidelines in best time to buy in a decade

Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.

Differing views on 50-year mortgage

Tuesday, December 02nd 2025

Differing views on 50-year mortgage

US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.

Houses selling at a loss hit a 12 year high

Wednesday, November 26th 2025

Houses selling at a loss hit a 12 year high

About one in five Auckland residential properties (19.3%) sold for less than their original purchase price in the third quarter, up from up from 15.9% in the second quarter.