by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate
It would appear that the President of the REIV thinks it’s funny when consumers are tricked by the scam known as the real estate auction.
In a column titled “Confessions” appearing in the Domain section of The Age Newspaper (Saturday 18 February, 2006), REIV President Mr. Geoff Dobson tells of an auction conducted near Shepparton, in country Victoria. Geoff tells us how auctioneer Des O’Shea started the auction in the presence of
“a few neighbours, two dogs and the only buyer, who had indicated what he’d pay before the auction.”
It seems that the auctioneer did not want to abort the non-auction, and chose to pretend that the auction had run its course. How did he do this?