Wu says Perth agents bought his home through shell company, undersold by $100k
Perth real estate agents Roy Li and Lynn Ding bought a home through a shell company called Generation Two. This was a home they had been hired to sell. Jack Wu only discovered this over a month later via corporate records. He believes he was undersold by nearly $100,000.
Why it mattersIt shows how homeowners can be undercut on price when their own agents become undisclosed buyers.
AustraliaWestern Australian property owners may face similar risks if conflict of interest rules are not strengthened, and the case highlights gaps in consumer protection law.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
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