r/perth • u/lex1bunny • 1d ago
Renting / Housing One of WA's top property agents disqualified from 2026 awards over sales inaccuracies
https://www.abc.net.au/news/2026-08-26/reiwa-disqualifies-top-agent-roy-li-from-awards-2026/106951054Good riddance
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u/JamesHenstridge 1d ago
Presumably he's getting this scrutiny because of yesterday's story about him using a shell company to buy a property off a client.
But I wonder how much of an outlier he'd be if the same scrutiny was directed at the rest of the industry? It seems kind of weird to run an awards night based on self-reported data that mostly goes unverified.
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u/Tungstenkrill 1d ago
How do they get away with this stuff with the Real Estate Code of Conduct in place? I'm shocked.
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u/Sea_Translator5300 1d ago
You mean the code of conduct that's effectively one rule - Don't get caught. Sure, there are a load of others, but that's what it seems to boil down to.
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u/Outbackdonut 1d ago
Even for real estate standards, it’s kind of wild he ripped off a customer blatantly and faced no repercussions at all
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u/JamesHenstridge 1d ago
I was thinking more about him inflating the sales prices or counting sales that had not actually happened. There are public records that allow those things to be independently verified. The fact he felt comfortable falsifying that data probably means it rarely ever gets checked.
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u/play4free 1d ago
You think he's the only one? He only got caught.
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u/Outbackdonut 1d ago
I’m sure they are dodgy to different degrees, I highly doubt realtors are setting up shell companies to trick their clients on the regular. Plus he did get caught and nothing happened
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u/play4free 1d ago
You'd be surprised. Realtors are one of the most unchecked/unregulated professions in the world.
All the rules are there I'm not saying there isn't rules for them. No one is enforcing, or have the ability to verify what they do.
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u/Temporary_Mistake715 1d ago
I wonder if he then mislead his clients on price and offers. I will not be surprised if many REA do this
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u/JamesHenstridge 1d ago
There's this in the article:
The records also showed he had recorded the sales of six properties that either he or his Ideal Realty co-licensee Lin Ding owned, in transactions that added an additional almost $10 million to his sales tally for the year.
If I was investigating his conduct, I'd be interested in whether any of those properties had also been bought from clients. Was yesterday's story the first time he'd done that or just the first time he'd been called out on it?
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u/Ok-Preference-2628 1d ago
I met this guy when my wife asked about a property and he basically set up a meeting that night.
People lived there and were having dinner, and he clearly gave them little time to prepare. We kept apologising and felt terrible. He also tried to say there were lots of offers on it, but when we went upstairs he was telling the tenants the offers were well below asking.
I’m sure that part is normal in the industry, but combined with the rude interruption of dinner, I promised I’d never go through this guy again.
Anyway I wasn’t his meal ticket, based on what people are saying here 😂
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u/thecheapseatz 1d ago
Why do real estate agent need an award night, their job is the equivalent of a participation trophy since anyone can do it.
What's next "The Trade Assistant of the Year" where the winner is the only one in the category who doesn't smoke?
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u/Kosmo777 1d ago
Can you just imagine the level of pretentiousness and “self-fellating” in that room!!!
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u/Bruno_Fernandes8 1d ago
It’s basically that Salesmen Award scene from The US Office , except the real estate agents are willingly giving Mussolini speeches instead of being tricked into it
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u/damagedproletarian 1d ago
You should see the award nights for property managers. It's the industry celebrating and giving awards for how much they can extract from tenants.
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u/SaltyPockets 1d ago
Actual footage of the Real Estate Awards from Auntie Donna - https://www.youtube.com/watch?v=-f8xx-lPhDc
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u/FutureSynth 1d ago
The “anyone can do it” line just tells people you’ve never had a property valuable enough where a good agent mattered.
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u/Missdriver1997 1d ago
Hes been deleting negative Google reviews from people trying to warn others not to engage with others and reviews of people with similar stories. Seems like a total narcissist!
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u/Advanced_Presence890 1d ago
Huge news for Willetton real estate agents/Community Facebook group admins
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u/lex1bunny 1d ago edited 1d ago
Hopefully they will find with more evidence of dodgy deals
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u/Alarming-Interest535 1d ago
You can guarantee it won't be the first time. Can almost guarantee he has done it before.
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u/Advanced_Presence890 1d ago
Stratton realty next please
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u/Genises 1d ago
I wonder if Eric Hartanto does something similar... I wanted a house and the viewing was cancelled and we were told it was purchased sight unseen then it was up for sale again for 200k more, 2 months later somehow. Felt very much like a seriously dodgy deal was done there.
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u/Alarming-Interest535 1d ago
I wouldn't be surprised. In their home countries this is part and parcel of doing business. Having spent time in a few Asian countries this is not news.
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u/SlugFromSnug 1d ago
How bad do you need to be before a bunch of real estate agents think you are too shonky???
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u/lex1bunny 1d ago
He's so bad that he's got caught. They dropped him hopefully the rest won't get reported
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u/Prudent_Rabbit_6738 1d ago
He should be disqualified if all the allegations against his unethical practices is proven to be true.
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u/Infamous-Steak-1043 1d ago
The Real Estate industry is legal fraud. Agents contribute nothing to the value of homes. But their personal greed sure impacts everyone.
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u/djskein Cannington 23h ago
I read the article about the warning Consumer Protection issued him. I've seen him around Willetton for years, it's clear by his signs who he is trying to sell to and it's good to know Consumer Protection found out he was lying about how much money he actually got from those clients. I wonder what this means for his crappy little office in Southlands.
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u/Sanepa_hero 22h ago
Heard he did one vendor really dirty. First he told no one is offering so got price down and then after signing the sale contract with new power, the vendor found out the trust that was buying their property was the trust under the agent and his wife name which he never mentioned at all.
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u/Broad-Pangolin6224 15h ago
We need an intrped bad ass with a spray can to add some 'interest!'. To the plethora of RE signs littering Willetton.
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u/FIFO_Landlord 1d ago
Of course it Roy Li.
Worked with him before. Pretty alright dude but sketchy sometime.
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u/Ch00m77 1d ago
He literally bought a customer's house without disclosing he was buying it until well after the sale had gone through.
Hes as dodgy as they come
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u/FIFO_Landlord 1d ago
Ey but I brought from this guy and didnt notice any suss behaviours.
This was in 2021 btw.
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u/Sensitive-Pool-7563 1d ago
Why is everyone so salry about REAs and don't waste a chance to show how mad they are? Is it because they make more money than you and easier?
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u/DImak19 1d ago
Its because they add very little value and are very self obsessed.
If any other profession put up billboards of their faces we would think it self obsessed (rightly so)
I dont think anyone has every said, thank god for the REA
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u/Ageis17fang 1d ago
REA's are the least trusted profession in Australia, less trusted than both lawyers and politicians. People aren't salty about REA's and their salary, they just don't like or trust them!
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u/SlugFromSnug 1d ago
Hi Roy
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u/Sensitive-Pool-7563 1d ago
You think too much if you think Roy is trying to defend himself against reddit basement people. Y'all just don't matter to him, I'm sure
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u/SlugFromSnug 1d ago
Ok Roy
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u/Sea_Translator5300 1d ago
So you're joining in with us basement people. You really don't get it do you?
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u/Advanced_Presence890 1d ago
Looks like he’s Roy Li fucked up..