Tom Panos
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PHOTO: Tom Panos

A veteran real estate agent and entrepreneur has criticised flashy ‘million dollar agents’ for complaining about being broke as first home buyers face an ever harder battle to get into the housing market.

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Podcaster and author Tom Panos, who runs the Real Estate Gym, said in a video shared this week that property agents raking in a million dollars of commissions a year were wasting their money on extravagances.

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‘You want to be renting a nice plush apartment and you want a nice Maserati with a $4,000 a month lease,’ Mr Panos said.

Author and podcaster Tom Panos (pictured) who runs the Real Estate Gym and is a veteran of the industry said 'million-dollar agents' were wasting their money to look flashy

Author and podcaster Tom Panos (pictured) who runs the Real Estate Gym and is a veteran of the industry said ‘million-dollar agents’ were wasting their money to look flashy 

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