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Contract Note Banned! Estate Agents Lose Deception Tool

 
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Old 22-09-2008, 08:21 AM   #1
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Contract Note Banned! Estate Agents Lose Deception Tool

Contract Note Banned! Estate Agents Lose Deception Tool

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OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd The document known in the real estate industry as “the standard REIV Contract Note” has been banned. As from 28 September,...(read more)
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Old 22-09-2008, 01:31 PM   #2
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Third, it is illegal for an estate agent to offer legal advice to anyone, let alone a purchaser in circumstances where the estate agent is in a conflict of interests.

Its also illegal for realestate agents to give financial advise, but that doesn't stop them promoting their properties as 'investment opportunities' or 'once in a lifetime investments' or stating that property doubles every 10 years.. what if the property you buy doesn't double in 10 years?

Realestate agents are dirty businessmen. Not only do they rip off buyers, they also rip off sellers with their unjustified fee's.
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