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OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd
There is little doubt that the real estate industry in Victoria is the most corrupt in Australia. This is largely due to the power and arrogance of the Real Estate Institute of Victoria (REIV). The recent ...
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We have been renting the same property for over 4 years. The owner holds title for the whole building, as such the real estate represents him in all cases (more than 50 units). The relationship with both owner and real estate has been in place for years, the owner is a old couple 85 y old who as we believe have not much interest in the yield of ...
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Is it legitimate for a real estate agent to agree to draw up a contract for the amount I have offered and agree to drop it around after work and then TAKE ANOTHER GROUP through the house in question, pushing us into a multiple offer situation? I raised my offer by $35000 but still missed out to the other group who had no need for finance.
I feel ...
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by Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd
The purpose of the Real Estate Ethics Group is to encourage discussion on ethical issues related to the delivery of residential real estate services. In order to ensure high quality discussion and debate, the group ...
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by Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd
We now have the REIV inventing, and forcing its own legislation on real estate consumers. When will journalists, regulators, lawyers and consumers start thinking for themselves instead of simply watching Enzo ...
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Opinion by Neil Jenman Consumer Advocate
Victoria's real estate industry is embroiled in another scandal. This time, the body at the centre of the scandal is the Real Estate Institute of Victoria (the REIV) and its CEO, Mr Enzo Raimondo.
The REIV is an industry association whose members comprise around 80 per cent of the state's 6,000 estate ...
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I am involved in a case where a real estate agent in Sydney purchased a property from an elderley man for $880,200 and then onsold it a year later for $1,935,000. It is currently in the courts and is a complex case. I would like any information on similar cases or similar experiences that others have suffered.
Any advice would be ...
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Hi Margaret. Not only is there a breach of ethics, but there may also be a breach of the law. Unfortunately, very few consumers take any real action against estate agents. I know that the regulating authorities are constantly overwhelmed with reports and complaints, but these are still represent the fraction that could/should be ...
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by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au
After firing more than a few verbal bullets over recent months at Queensland’s Attorney-General (and Fair Trading Minister) Kerry Shine in The Courier Mail and Gold Coast Bulletin newspapers, on ABC radio and here in the Australian Real Estate Blog, I ...
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by Tim O'Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au
Gold Coast conveyancing clerk Anne Mullins and her company Simply Conveyancing Australia Pty Ltd have pleaded guilty to Office of Fair Trading charges that they falsely held themselves out as legal practitioners in breach of Sections 573A and 573C of ...
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