The real estate market thrives on trust, transparency, and professionalism. Unfortunately, some agents attempt to manipulate property prices to gain an unfair advantage for their listings, either by undercutting prices or engaging in predatory pricing. Let this serve as a clear and firm warning: such practices are strictly prohibited on the Real Estate Database (RED), and any agent found manipulate property prices will face serious consequences, including removal from the platform.

When an agent deliberately lists a property at a lower price than the seller's intended market value, they are not only deceiving potential buyers but also damaging the credibility of the industry. This unethical practice creates confusion, misrepresents property values, and leads to distrust among clients.

RED does not tolerate agents who misrepresent property prices to attract more buyers unfairly. If you are caught engaging in price undercutting, expect immediate action. Your listing may be corrected, your account could be suspended, or you might be permanently banned from the platform.

Predatory pricing, intentionally setting prices too low to push competitors out of the market, is a deceptive tactic that has no place in real estate. This approach causes instability, unfair competition, and ultimately leads to price manipulations that harm both buyers and sellers. RED is committed to ensuring a fair and balanced marketplace, and any agent caught using predatory pricing strategies will be dealt with accordingly.

• Sellers suffer losses when their properties are misrepresented.
• Buyers become confused and lose confidence in the market.
• The real estate industry is weakened by unethical competition.
• Agents engaging in such practices risk losing their credibility and future business.

At RED, we uphold high standards to maintain a trusted real estate platform. We expect all agents to adhere to ethical pricing practices, ensuring that properties are accurately represented. Any detected violations will result in corrective measures, including listing adjustments, account suspension, or permanent removal from the platform.

Agents are urged to conduct business with integrity. If you want long-term success in real estate, focus on ethical representation and professionalism. Misleading pricing tactics will not be tolerated and will come with severe consequences.

Real estate is built on trust, and any agent who undermines market values for personal gain is jeopardizing their reputation and career. RED will not hesitate to take action against those who engage in price undercutting and predatory pricing.

Consider this your final warning: Uphold professional standards, maintain accurate pricing, and respect the real estate market, or risk being permanently removed from RED. Compliance is not optional. It is the foundation of a fair and successful real estate industry.