Tag Archive: legal advice

Novice Real Estate Sellers Beware!

Posted on November 22, 2010 by | 5 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au Sellers learn a costly lesson after making a private sale where the buyer was originally introduced by their estate agent. “All buyers are liars!”   An exaggeration, certainly. But experienced sales-people know you should always take with a grain of salt anything prospective buyers tell you.  Justin and Jane Johnson  did not doubt what their buyer said when they sold their home privately.  They believed him and relied (ultimately...

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REIV Pricing Ploy Relies On Lies

Posted on October 25, 2009 by | 24 Comments
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 Raimondo and the crew at the Real Estate Institute of Victoria (REIV) make fools of them. It’s time to put vendors and purchasers back in control, and to...

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Estate Agents As "Legal Advisers"?

Posted on January 27, 2009 by | 6 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   Harcourts real estate agent, Lester Drew, in a recent letter to the editor of Queensland’s Courier Mail criticised an earlier column in that newspaper about selling real estate. Drew pointed out in his letter (as published) that columnist Scott Pape was a financial advisor, was not a “registered member” of the Real Estate Institute of Queensland and was “not professionally qualified as deemed by the State Government...

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The "Oh", "Really?" and "I Wish I Had Known That!" of Making an Offer and Organising Finance

Posted on January 23, 2008 by | 6 Comments
by Shannyn HunterConveyancer shannyn@lawyersconveyancing.com.au Lawyers Conveyancing  On Monday morning purchasers can experience a real estate hangover. After a weekend of elation at finding their dream house and pressure from the agent to make an offer, with hesitation they sign on the dotted line and their concerns about legal advice are pushed aside.  They are locked into a contract.  Unfortunately, the emotive attachment that causes you to buy a property can also cause you to forego certain...

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Deep North Agents "Re-licensed" to Practise Real Estate Law

Posted on January 9, 2008 by | 16 Comments
 by Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   From July 1st last year the role of Queensland real estate agents in preparing contracts was severely limited by law. Sit back, dear readers, as I now blow the whistle on an extraordinary government back-flip. Remember when the Beattie government back-stabbed real estate consumers who had been ripped-off by over-priced property marketeers? In December 2002 amendments to the Property Agents and Motor Dealers Act (PAMDA) retrospectively prevented...

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Max Brown Real Estate: Dodgy Advice & Conflicting Interests

Posted on January 7, 2008 by | 1 Comment
by Peter Mericka B.A., LL.BReal Estate Lawyer Qualified Practising Conveyancer VictoriaDirector Lawyers Real Estate Pty Ltd   It is fitting that the logo of Max Brown Real Estate should depict the estate agent as a shadowy faceless figure, as it suggests the level of responsibility the estate agent assumes when “advising” vulnerable consumers.  By the time the consumer realises that he or she has received dodgy advice, the estate agent has melted back into the...

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