Monthly Archives: July 2009

Enzo Raimondo – Auction System’s Fair, You Can Quote Me

Posted on July 31, 2009 by | 6 Comments
OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQu alified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   Following on from my previous posting in which I acknowledged Enzo Raimondo, CEO of the Real Estate Institute of Victoria (REIV) as a master of the partial-truth, comes a newspaper article in which Raimondo confirms that “Much misinformation is abroad about property sales” (sic). Of course, Raimondo does not acknowledge his own role in the dissemination of this...

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Enzo Raimondo – Valuation Misinformation From REIV

Posted on July 28, 2009 by | 14 Comments
OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   Enzo Raimondo, CEO of the Real Estate Institute of Victoria (REIV) is a master of the partial-truth. In a recent article in the Herald Sun newspaper Raimondo purports to advise consumers on “forming an accurate view about the value of a property” but deliberately avoids informing consumers of the easiest and most accurate method of all. In his regular...

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Wrong Advice From NSW Office Of Fair Trading

Posted on July 21, 2009 by | 10 Comments
by George Rousos Director Industry Training Consultants george@itc.nsw.edu.au Applications for an ex gratia payment will be quite common in the future, unless the NSW Office Of Fair Trading start looking closely at the relevant provisions of the NSW Property Stock & Business Agents Act 2002. An ex gratia payment is made in the exercise of the prerogative power of Government. A payment may be made if a person has suffered a financial loss or other detriment directly as...

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The SLOD! Best Price Negotiation Strategy

Posted on July 10, 2009 by | 32 Comments
OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   As readers know, I have been very critical over the years of the schemes and scams used by real estate agents. Obviously, it is unfair to criticise the methods used by real estate agents without suggesting some alternative, and so I am presenting what I have called the “SLOD! Best Price Negotiation Strategy”. I sell real estate for my...

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REIV Confusion On Estate Agent Role As "Go-Between"

Posted on July 7, 2009 by | 18 Comments
OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   Is it any wonder that the REIV (Real Estate Institute of Victoria) misleads, misguides and misinforms its members when its own CEO Enzo Raimondo fails to understand the role of the real estate agent in a sale transaction? In his regular propaganda piece in the Domain section of The Age newspaper, Enzo Raimondo tells consumers that when negotiating for...

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Licensed Conveyancing – Deader Than Dead!

Posted on July 6, 2009 by | 15 Comments
OPINIONby Peter Mericka B.A., LL.BReal Estate LawyerQualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   There are hard times ahead for the real estate conveyancing industry, and particularly for licensed conveyancers. Since non-lawyer conveyancers became licensed their lot has become ever more difficult. On top of these difficulties comes the gloomy prediction of NAB Chief Economist Alan Oster. The following article appeared in the Legal Affairs section of The Australian Financial Review (Friday 3...

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Tough Going For Northern Territory Tenants

Posted on July 4, 2009 by | 3 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   Below is the slightly edited text of an email and attachment I received this week from a very distressed Darwin couple. I have referred them to local solicitors for legal advice, and to a television current affairs programme. “Dear Mr. Tim O’Dwyer M.A., LL.B, We have been reading the articles on the Australian Real estate Blog and we have several misconduct grievances against nationally-franchised Property Agents that...

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