Just don't sign up to the Don Ha Academy. Don Ha Real Estate has gone into receivership yesterday...Not the kind of mentor I would want personally...
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Originally posted by Tom View PostJust don't sign up to the Don Ha Academy. Don Ha Real Estate has gone into receivership yesterday...Not the kind of mentor I would want personally...
I spoke with a young guy from this agency about a year ago. He had an ad in the paper saying he had buyers for commercial property. So I tried to list a property with him but he was really rude! Just peppered me with questions and got impatient with me when I couldn't answer them 100% in like 2 seconds.
So I told him I wouldn't list with him. An then I asked how long he'd been in real estate, he said 5 months! So here was this really young inexperienced guy laying down the law to someone who wanted to list a property with him - at a time when listings were in very short supply.
A couple of days later he apologised.
But the point of this little story was really to show how these guys were being trained. Basically they seemed to want to list and sell properties very very quickly. No mucking around. Too bad what the vendors or anyone else want, just list them at a cheap price and flick them off seemed to be the attitude.
So I'm somewhat glad that they've gone out of business. With real estate these days many agents take a 'tail wagging the dog' approach.Squadly dinky do!
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Don Ha Real Estate has gone into receivership yesterday...New Zealand's #1 Marketplace for Property Investors & Sellers!
FREE Access to HOT Property Deals
CLICK HERE FOR MORE INFO.
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That makes no sense TLL.
Wow, it's funny how many 'rich' guys have businesses that fall over. This guy is supposed to be the real estate guru but his agency goes bankrupt.
Have to try and sell more seminar tickets to make up for it. Perhaps he'll say something like "The real estate business was taking up too much of my time..." or perhaps he'll take off to the US to replenish his fortune like some others...Squadly dinky do!
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I just talk to someone who knows, they have gone to receivership BUT probably re branding.New Zealand's #1 Marketplace for Property Investors & Sellers!
FREE Access to HOT Property Deals
CLICK HERE FOR MORE INFO.
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If the experience with flatfee or fixedfee or whatever they called themselves, is anything to go by, I would move management companies ASAP.
At a minimum there will be a hold up in the payment of rents due to you.
From personal experience elsewhere I know it can be months before it is settled, in the mean time your tenant continues to pay the rent & it gets stuck, meanwhile you still have mortgages to pay !!!
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They were selling more property in auckland than any other agency I had read several times, so not sure how they got into trouble.
But this is the agency, not Don, I am sure he is fine
But I never liked them as I got the impression that any good deals you might of found through them, would be jimmed and sleeved to their investor club drones, for a fee of course, but thats just me.
I am sure there key agents who are property millionares are doing quite fine as well.
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I can only hope you are right gluey, however it has been shown time & again that NZ is a soft touch as far as law enforcement goes- that is if there are even any laws to cover this immoral activity.
His come-upance may not be due until he is no longer present in this world (not that I would actively wish that upon anyone)Last edited by Keithw; 18-03-2011, 05:09 PM.
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Originally posted by glueyquoted content removed.
FHLast edited by BusyLizzy; 18-03-2011, 07:33 PM. Reason: content of quote removed due to breach of rules
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Originally posted by freezinhot View PostYou sound quite bitter. Has he done something wrong to you personally? I do not know him very well but know he had been very successfull, you portray him very poorly, what is your motivation for this.
FH
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Financial strife engulfs high-flying millionaire
BY BARRY LICHTER
30/05/2010
"I guess it's a lesson for everyone, not to trust people so easily and to get a second and third opinion first. But how do you value horses? It's not like buying a house where the bank makes sure the value is right.
"But I don't regret getting into racing, I got a taste of the top."
Ha said if nothing else, the exposure did wonders for his business, which is still doing well.
"I'm sticking to what I know best, properties, and I'm the best – my office is still number one."
Ha, who has already written a self-published book Make A Million Selling Real Estate, plans to write another entitled How To Survive Recessions.
He says while he is in dispute with NZ Bloodstock, he doesn't owe money to anyone else – "and that's something I'm proud of".
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I have (temporarily) unapproved some posts while I wade through them for review. Can I please remind posters of the forum rules found here: http://www.propertytalk.com/forum/misc.php?do=showrules
In particular:
2) Negative comments about ANY company (including PT) or individual may be allowed so long as;
2.a) The comments are not hearsay (i.e. comments must be first hand experience)
2.b) The poster gives their real name(first name, last name).
2.c) There is an understanding that, if a thread becomes heated, PT reserves the right at their discretion, to either edit or remove any post that the Moderators may deem destructive, and/or as a last resort, lock the thread.Lisa
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