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  • Auction Bullying

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate “Auction turns to scuffle” is the title of an article by David Nankervis of the Adelaide Sunday Mail (p.36). The article describes how police were called to a house auction after a clash erupted between a bidder and the auctioneer. The ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 10, 2007
  • In NSW Dummy Bidders Now Face $55K Fine

    From domain.com.au ''Tougher dummy bidding laws were introduced to the real-estate industry last weekend on one of the year's busiest auction days last Saturday.'' But contrary to what Fair Trading Minister Diane Beamer suggests in the article, we do not believe that increased penalties enhance consumer confidence in auctions or the real estate ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 3, 2007
  • Hey Geoff, Real Estate Deceptions Are Never Funny

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate It would appear that the President of the REIV thinks it's funny when consumers are tricked by the scam known as the real estate auction. In a column titled ''Confessions'' appearing in the Domain section of The Age Newspaper ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 3, 2007
  • The Latest In Real Estate Deception

    It appears that estate agents now have a new weapon in their auction deception armory. Street theatre!  Gary Lapersonne, writing as ''Secret Agent'' in the Domain section of The Sunday Age (Domain p.2 Sunday Age 7 May, 2006) reports on claims that a Melbourne real estate agency is employing professional actors to pretend that they are ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 1, 2007
  • The "Private Auction" – A Haven For The Dummy Bid

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate The dreaded ''dummy bid'' never really went away; it simply mutated into a more insidious form through the concept of the ''Private Auction.'' Bell Real Estate, a prominent real estate agency operating in the Eastern Suburbs and Yarra ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 1, 2007
  • The Dummy Bid Lives!

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate As mentioned in our previous posting, the dummy bid never went away, it simply mutated into more insidious forms. According to ''Secret Agent'' (The Sunday Age, 4 June, 06, Domain p.2): ''A Government watchdog, the Estate Agents ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 1, 2007
  • Auction Tales From The Deep North

    by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Queensland’s Beattie Government has changed the law on auctions. It took six years, despite Fair Trading Ministers’ regular boasting about the world’s best real estate consumer protection laws, to realise the wishy-washiness of its Code of Conduct ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 30, 2007
  • But Wait, There's More Burlesque In Queensland!

    by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Queensland’s Auctioneering Practice Code of Conduct is flawed - not only because of its failure to require identification of phone-bidders absent from auction sites and proof of the authority given their representatives, but also because ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 30, 2007
  • Winning Auction Bidders Beware

    (NOT APPLICABLE IN VICTORIA OR A.C.T.) by Tim O'Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au   Peter Mericka was correct when he stated in Auctions Exposed As Non-Binding that, as every agent, auctioneer, solicitor and conveyancer knows, a contract for the sale of real estate must be in ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 28, 2007
  • Auctions Exposed As Non-Binding!

    by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate When is an auction not an auction? When it's a real estate auction. This was demonstrated recently when the highest bidder for a $2.7 million property refused to buy it. According to Melbourne's Sunday Herald Sun newspaper: ''...the ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 28, 2007
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