REIV Cops A Lashing From APM

Posted on April 30, 2007 by | 0 Comments

Peter Mericka B.A., LL.Bby Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate

Australian Property Monitors (9APM) has hit out at the Real Estate Institute of Victoria (REIV), the peak body for real estate agents in Victoria, over what APM describes as “unethical and misleading” behaviour on the part of the REIV. Australian Property Monitors According to APM:

“The REIV for a long time have been desperately keen to be the one voice on the Victorian property market. Indeed, they have gone so far in their goal to be the one voice that they pressure their member real estate agents not to provide auction results to our company.”
It appears that APM intends to even things up:

“Well APM has had enough of this rubbish. As of this Saturday, APM will be publishing in full all Melbourne auction results as one report on and on AHEAD of the print publications. So for those who want to know what really happened at the auction and they want to know fast, they can find out Saturday evening for the day’s results instead of waiting the next day; simply by going to Australia’s premier real estate listing site, or our own”
Self-serving statistics and market analysis from the REIV have long been a problem for consumers. Let’s see if the REIV vs APM clash will have positive results for the real estate industry as whole.

The full news release makes very interesting reading, and is reproduced at the link below.

Continue reading “REIV Cops A Lashing From APM”

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