Some big real estate agents are planning to reject Henley Estates’ proposal for citizenship clients to be directed to their listed properties in return for half their commission on rentals and 80 per cent of their commission for sales.

Sources within the real estate sector described this move as “outrageous” and said commissions were never demanded when clients were referred by other professionals.

The sources said Henley Estates sent them a nine-page “introduction agreement” saying it would “direct” clients interested in Malta’s citizenship scheme to real estate agents on a “non-exclusive” basis.

Read the full story in Times of Malta, the e-paper or timesofmalta.com premium here.

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