Conveyancing

Buyer’s Agents – A Critique

Desperate times call for desperate measures. In the following article the REIV’s CEO Mr. Enzo Raimondo suggests that consumers are best served, not by their own legal advisers, but by commission estate agents who charge high fees for a service of dubious value. We have examined Mr. Raimondo’s article on buyer’s advocates, and have provided some balance by way of a comprehensive critique. The Article Our Critique The Article The following article was written by...

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The Buyer’s Agent

When the housing market slows, the buyer's agents come out. Tough times for a commission estate agent means that a new source of income has to be found. By declaring himself to be a "buyer's agent" the average commission estate agent is able to charge purchasers who are buying properties through competing estate agencies.

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Valuation Scam

Commission estate agent valuations are often like free cheese – their quality can be dubious, and they’re usually on offer for other reasons. And there’s that recurring real estate industry problem of the conflict of interests.

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Agent Taint

Agent Taint occurs where a vendor cannot accept an offer from a purchaser without having to pay a commission to the commission estate agent, even though the Exclusive Sale Authority has been ended.

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Agent Complaints

If you have a complaint about an estate agent don't keep it to yourself. We have launched a powerful consumer tool we have launched. It's called The Australian Real Estate Blog.

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Adverse Possession

This is an old doctrine that says, basically, that where a trespasser remains in possession of land for a period of time (generally 15 years) then that person acquires ownership of the land.

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How To Guides

How to Get Started How to choose Conveyancer or Lawyer? How to Get Advice How to Cool Off How to Determine Costs How to Read a Section 32 How to Understand a Contract How to Buy at Auction How to Buy Subject to Finance How to Use a Deposit Bond How to Arrange a Variation to Contract How to Understand Conveyancing How to Verify Your Identity (VOI)

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Offer

For the average consumer, the term offer has a simple and straight-forward meaning. However, when applied to the law of Contract, it has a very specific meaning. The confusion between these two meanings is often manipulated, and used against consumers.

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Agency – What it means

Most people have some understanding of the terms "agent" or "agency". But when it comes to determining the roles and responsibilities of agents in real estate transactions, a great deal of confusion arises. In this section we explain the difference between an "estate agent" and the role of "agent".

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