Were Hoges & Linda Dudded By A Dodgy Agent?

Published 28 April 07 11:19 PM | Peter Mericka 

Tim O'Dwyer M.B., LL.Bby Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au

 

(An open letter to movie actors Paul and Linda Hogan)

Dear Mr & Mrs Hogan,

You don’t know me, although I’ve been a big fan of Paul’s since his television comedy days and I’ve long liked Linda’s movie work. Anyhow, I wanted to bring to your attention some interesting legal issues relating to the sale a few years back of your multi-million dollar Sydney Harbour property.

You will recall that you sold through a Sydney real estate agent to an investor for $11 million. Your buyer was a well-heeled former corporate and commercial lawyer from Adelaide. He was no dill and, after becoming interested in purchasing your property, engaged a valuer for obvious reasons and his own buyer’s agent to assist with negotiations.

While your buyer apparently paid his agent over $100,000 for his services, you would have handed over a heap more to your agent for what he did. This was essentially to sell your property by making a number of false and misleading representations to your buyer about your property in contravention of the New South Wales Fair Trading Act and the Commonwealth Trade Practices Act.

Continue reading "Were Hoges & Linda Dudded By A Dodgy Agent?"



Note: For further information about real estate or conveyancing issues visit Lawyers Conveyancing

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