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How I Became An Estate Agent's Hero
23 April 08 03:34 PM | Peter Mericka | 4 Comments   

by Tim O'Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au Brisbane conveyancing solicitor Chris Bridge became concerned when he noticed that his buyer client’s contract included a special condition authorising the pre-settlement Read More...

Filed under: Conveyancing, Estate agent, Section 27, Deposit, Commission, real estate, realtor, pamda, deposit release

What If The Estate Agent Has Already Spent The Commission?
31 January 08 09:44 AM | Peter Mericka | 2 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd As any lawyer or conveyancer will confirm, a contract may have to be cancelled for a variety of reasons, even after it has become Read More...

Filed under: Deposit, Commission, Contract, conflict of interests, commission factoring

The "Oh", "Really?" and "I Wish I Had Known That!" of Making an Offer and Organising Finance
24 January 08 09:55 AM | Shannyn Hunter | 7 Comments   

by Shannyn Hunter Conveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing On Monday morning purchasers can experience a real estate hangover. After a weekend of elation at finding their dream house and pressure from the agent to make an offer, Read More...

Filed under: Conveyancing, Estate agent, Deposit, Conveyancer, Purchase, Lawyer, Deception, Finance, Sale, Agent, Residential, Valuation, Contract, finance condition, real estate, special condition, solicitor, legal advice

Great Rate, With A Terrible Headache
28 November 07 02:43 PM | Shannyn Hunter | 2 Comments   

by Shannyn Hunter Conveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing Imagine my client’s glee when he received pre-approval for a loan to buy his first home. The broker had found him a low rate - he hadn’t been able to borrow enough from Read More...

Filed under: Conveyancing, Deposit, Purchase, Finance

Early Release (Or Stealing?) Of Commission
10 May 07 10:19 AM | Peter Mericka | 2 Comments   

by Tim O'Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au A solicitor mate of mine, Chris Bridge, recently had two celebrations: thirty years of legal practice and his first (possible) win with Queensland’s Office Read More...

Filed under: Section 27, Deposit, Commission

Holding Deposits - There's No Such Thing!
30 April 07 04:34 PM | Peter Mericka | 0 Comments   

This was our very first posting on the Australian Real Estate Blog, almost a year ago. We reproduce it for two reasons. First, the problem has become worse. Second, a recent experience suggests that the holding deposit is being used to penalise purchasers, Read More...

Filed under: Estate agent, Deposit

Commission Factoring - A Dangerous Development
30 April 07 11:36 AM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate We have argued that real estate commissions are a major cause of corruption in the real estate industry. But what if the drive for commission Read More...

Filed under: Estate agent, Deposit

Early Release of Deposit
29 April 07 12:01 AM | Peter Mericka | 4 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate Enzo Raimondo, CEO of the Real Estate Institute of Victoria (R.E.I.V.) regularly provides consumers with his understanding of the law affecting Read More...

Filed under: REIV, Section 27, Deposit, Commission, Agent, Section 32 Vendor Statement