Open For Inspection? Open For Exploitation!

A vendor should always be present during house inspections. Whenever an estate agent shows a prospective purchaser through the property, and particularly when the property is 'open for inspection', the vendor should always be on hand to protect not only personal property, but also personal privacy.

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First Home Owner Grant (FHOG) Increases

As Australians brace themselves for the global economic shockwave, the Government has announced its “Economic Security Strategy”. The $10.4 billion dollar Government package aims to protect the Australian economy by stimulating the building industry, investment and employment.

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New Contract – Same Old Deception

The new Contract of Sale of Real Estate prescribed by the Estate Agents (Contracts) Regulations 2008 was supposed to end the dodgy practice of estate agents withholding terms and conditions from purchasers, but it hasn't.

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Contract Note Banned! Estate Agents Lose Deception Tool

The document known in the real estate industry as 'the standard REIV Contract Note' has been banned. As from 28 September, 2008 the only document available to estate agents will be the standard form of contract prescribed by the Estate Agents (Contracts) Regulations 2008 or a contract prepared by a Legal Practitioner or a Licensed Conveyancer.

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