Tag Archive: victoria

Victorian election real estate dramas: Underquoting and “election stunts”

Posted on November 26, 2014 by | 0 Comments
An article by Jennifer Duke “In Victoria underquoting is endemic, rampant, it’s grubby, it’s misleading and deceptive and it’s a fraud on home buyers,” explained Rowe. “Consumer Affairs Victoria lacks the necessary laws and resources to police underquoting. Real estate agents enjoy the luxury of loop holes in the rules to bait home buyers into attending auctions which are outside their budget.  This frustrates buyers. Underquoting causes home buyers to waste their time, money and...

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Silence Is Not Golden In Real Estate Negotiations

Posted on June 22, 2011 by | 4 Comments
by George Rousos Director Industry Training Consultants george@itc.nsw.edu.au   Franois-Marie Arouet, better known by the pen name Voltaire, was a French writer and philosopher famous for his wit and for his advocacy of civil liberties, including freedom of religion and free trade. One of Voltaire’s famous sayings was, and I quote:   “We must distinguish between speaking to deceive and being silent to be reserved.” “We must distinguish between speaking to deceive and being silent...

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Conveyancing Consumer Alert: Art Deco Disappointment

Posted on June 20, 2011 by | 0 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   This story does not end, as many do, in a court case.  But it begins, as many do, with a property advertised for sale: “Charmingly preserved Art Deco features abound in this ground floor cavity brick apartment.  Ornate plaster ceilings and cornices, wide skirting boards and architraves, polished timber floors all lovingly presented.Two bedrooms – one with access to the study, a large, light, eat-in kitchen and,...

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Forget the Insurers, Let’s Blame the Banks

Posted on February 15, 2011 by | 7 Comments
OPINIONby Tim O’Dwyer M.A., LL.BSolicitorConsumer Advocate watchdog@argonautlegal.com.au   The blame for many uninsured property and financial losses resulting from floods and from Cyclone Yasi can be sheeted home to banks, building societies, credit unions  and other lenders. Never mind the much-vilified insurance companies whose doubly-devastated policy-holders have found themselves not covered for flood or storm surge damage.  While more than a few insurers may have failed to demonstrate any “utmost good faith” towards their policy-holders,...

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REIV Votes Against Corruption Remedy

Posted on June 30, 2009 by | 9 Comments
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 the peak body representing real estate agents, the Real Estate Institute of Victoria (REIV). We have seen how the REIV condones criminal...

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