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  • Real Estate Bidding Online - It Costs Nothing To Bid

    Lawyers Real Estate is a law firm that sells real estate for its clients without involving any real estate agents. To make the selling and buying of real estate quick, simple and transparent, the SLOD! real estate bidding facility has been established. In this series of postings we will be examining SLOD! in detail, explaining how it works why ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on June 19, 2010
  • REIV Provides Misleading Auction Advice

    OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd In his regular propaganda column in the Domain section of The Age newspaper, the CEO of the Real Estate Institute of Victoria (REIV), Enzo Raimondo, pretends to inform consumers about the auction myth. Asking the ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 9, 2010
  • Book Exposes Real World Of Real Estate

    by Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   I was watching ''First Tuesday Book Club'' on ABC TV a few months ago, and I saw the host, Jennifer Byrne hold up a copy of Brendan Gullifer's book SOLD. According to Byrne, ''I thought it was tremendous fun. And ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on October 19, 2009
  • Video Recording of Real Estate Auctions

    OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   It's time for consumers to get serious about the tricks and criminal conduct associated with real estate auctions. As most of the criminal conduct associated with auctions takes place when the auction is in ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on February 16, 2009
  • Auctions - Going, Going, Gone?

    OPINIONby David MorrellReal Estate Buyers' AdvocateDirector Morrell & Koren     Right now the real estate auction system is on the ropes because the market has tanked; but its problems run deeper than that. The elephant in the room is whether the auction system itself is working in vendors’ best interests. The agents make the ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on December 10, 2008
  • REIV Caught Cheating - Again

    Opinion by Neil Jenman Consumer Advocate For many years, the Real Estate Institute of Victoria (REIV) has misled and deceived real estate consumers. Whether it be trying to justify (or deny) dodgy practices such as false price quoting or whether it's brushing-aside common claims of widespread dishonesty, as far as real estate bodies go, they ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on December 9, 2008
  • Transparency? More Like A Two-Way Mirror!

    OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   Estate agents have a marvelous talent for redefining words so that their everyday meaning is distorted to the point that they become oxymorons. The use of the word ''transparent'' by Real Estate Institute of ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on July 23, 2008
  • Walk Away To Bid Another Day

    by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au Walk away to bid another day - but not before the auction is over. Picture yourself as a duly registered, cashed-up bidder at the auction of a seaside mansion.  Bidding starts at $6.5 million.  You join in as bidding progresses to $7.5 million. Then ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on February 19, 2008
  • Another Nail in the Auction Coffin

    by Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   The Real Estate Institute of Victoria (REIV) has been forced to come clean, and to admit to consumers that ''...no binding contract exists until the successful bidder and the vendor have signed a contract.'' A ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on February 14, 2008
  • Contracts - Real Estate Booby Traps!

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate Most real estate consumers are aware that real estate contracts are biased heavily in favour of the vendor, and contain a minefield of terms and conditions. But very few realise that some contracts contain ''booby traps'' that can do ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 10, 2007
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