Auctions and integrity
By
Ethics and Integrity
A mate of mine told me this true story and I just have to share it with you.
He attended a property auction and was competing with a phone bidder. My friend gave up and the auctioneer went “going once, going twice”, then advised he was going to get instructions form the vendor. The auctioneer and the phone bidding agent left the room and the agent left his phone on the desk. While they were out of the room my mate went and turned the phone off!!
So agent and auctioneer re enter the room, the agent picks up his phone and continues bidding for his phone bidder, even though there is no one on the line!!
How’s that for dishonesty in an industry that is supposedly being “cleaned up”.
Integrity and ethics will always be optional in this business sadly, make sure you choose it for your life regardless of what goes on around you.
Stay Inspired and Stay safe ~ Dean Letfus
The Ethical Investing Strategist
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