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  • REIV Ethics Disgrace

    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 ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on March 14, 2010
  • Re: Underquoting verbally is still underquoting

    What's needed is for vendors and purchasers to wake up to the benefits of obtaining a formal written valuation from a qualified and independent valuer.  Once people are able to discover the current market value of a property of interest, negotiating the final price is a very simple and transparent process. We all know when bananas are ...
    Posted to Consumer Questions (Forum) by Peter Mericka on July 23, 2009
  • Underquoting verbally is still underquoting

    Great to hear the frustrating and well known practice of agents underquoting has been highlighted in the media recently but have you noticed all that's happened is that prices quoted on the internet are being replaced with ‘price on application’.  So now you have to also waste your time calling the real estate agent so they can ...
    Posted to Consumer Questions (Forum) by Denise on July 23, 2009
  • REIV Votes Against Corruption Remedy

    OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   I believe that the real estate industry in Victoria is the most corrupt in Australia. This is confirmed time and again, not only by the conduct of individual real estate agents, but also by the behaviour of ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on June 30, 2009
  • Estate Agent Theft Threat Increasing

    OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   According to Chris Vedelago, writing for The Age newspaper, ''Falling sales levels and the prospect of a weaker market has led more than one in 10 real estate companies to consider selling up...The number of ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on August 24, 2008
  • Enzo Raimondo Must Resign

    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 ...
    Posted to Australian Real Estate Blog (Weblog) by Peter Mericka on August 5, 2008
  • Enzo Raimondo - CEO Real Estate Institute of Victoria (REIV)

    There are few things more dangerous for real estate consumers than estate agents who fancy themselves as ''wheelers and dealers''. They are usually the ones who cause the wheels to fall off real estate transactions, usually because one party or the other feels that they have been let down. Enzo Raimondo not only acknowledges that estate agent's ...
    Posted to Estate Agent Gallery (Gallery) by Peter Mericka on April 3, 2008
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