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  • How I Became An Estate Agent's Hero

    by Tim O'Dwyer M.A., LL.BSolicitorConsumer 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 release of the selling agent’s commission.  Such a “pre-draw” practice may be ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 23, 2008
  • Pricing Propaganda From REIV

    by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   In his weekly propaganda piece in The Age newspaper (The Age ''Domain'' 29 September, 2007 p.3) CEO of the Real Estate Institute of Victoria, Enzo Raimondo makes something of a Freudian slip when he says, ''Agents ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on September 29, 2007
  • Richard Wood Solicitors - Who Needs To Know?

    by Peter Mericka B.A., LL.BReal Estate LawyerConveyancerConsumer Advocatepeter@lawyersconveyancing.com.au   I have discussed the way in which payments to estate agents can become illegal secret commissions if they are not disclosed, and how the disclosure of payments tends to work against the purpose of the payments.  In the absence ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on September 20, 2007
  • Richard Wood Solicitors Letter – What If The Right Way Doesn’t Pay!

    by Peter Mericka B.A., LL.BReal Estate LawyerConveyancerConsumer Advocatepeter@lawyersconveyancing.com.au   In the absence of evidence to the contrary, we must assume that Richard Wood Solicitors and Barry Plant Real Estate have done everything the law requires of them in relation to gifts offered to estate agents in return for client ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on September 4, 2007
  • Richard Wood Solicitors Letter – An Estate Agent Attacks

    by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd On 3 August, 2007 I published a posting titled ''Richard Wood Solicitors – Gifts To Agents For Client Referrals''. On 13 August, 2007 a person identified only as ''David'' posted the first of a number of comments attacking ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on August 27, 2007
  • How The Regulator Went Through Ray White Like A Dose Of Salts

    by Tim O’Dwyer Solicitor* A year after I lodged a bait-advertising complaint with the Australian Competition and Consumer Commission, the ACCC completed its investigations. And, blow me down, the occasionally-maligned regulator produced an extraordinary result. Undertakings, seeking to ensure compliance with the misleading and deceptive conduct ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 4, 2007
  • Real Estate Commission - A Corrupting Influence

    An EzineArticle by Peter Mericka. Real estate commission is the way in which real estate agents are paid for the services they provide. They receive a percentage of the price received for the property. Effectively, the real estate agent requires the seller of a property (the vendor) to sign over to the real estate agent a part of the property ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 1, 2007
  • Cunning Commission Clause

    by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Buyers default, seller still ''liable'' to agent.A young home-seller had to change solicitors when a problem arose on his sale. Apart from the same solicitor having acted for both parties, the issue was simple: the buyers could not settle on ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on May 1, 2007
  • Why Queensland Estate Agents Don't Give Discounts

    by Tim O'Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Will the apparent upturn in Queensland housing prices mean discounted real estate commission rates? Will agents charge sellers less as homes are reportedly sold within days, if not hours, of going on the market? The answer is no – to both ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on April 28, 2007
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