News

Auctions – Going, Going, Gone?

"Right now the real estate auction system is on the ropes because the market has tanked; but its problems run deeper than that. The elephant in the room is whether the auction system itself is working in vendors’ best interests.

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David Falk – An Example of Estate Agent Power

David Falk is a real estate agent in Victoria's west. Unfortunately for Falk, his quick temper got the better of him and, in a fit of anger, he blurted out the following statement: Listen, your client had better get another solicitor, or I'll be selling this property to someone else.

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Licensed Conveyancer Corruption Must Be Stopped!

The Australian Institute of Conveyancers (Victorian Division) Inc. (AICVIC) regards itself as the peak body representing licensed conveyancers in the state of Victoria, and it appears to have some influence over the way in which Victoria's licensed conveyancers conduct themselves.

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Conveyancing Corruption – Lawyers Too!

After the principal of a small suburban law firm sent an email touting his services to several real estate agents, one agent passed it on to a solicitor friend with a caustic comment. That solicitor sent both the email and the comment onto another solicitor who, in turn and disgust, flicked both on to me.

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Licensed Conveyancers – A Risk For Consumers

Licensed conveyancers are a huge risk for consumers. The licensed conveyancer is a transitory phenomenon. Licensing of conveyancers was introduced as a measure to prevent theft of trust funds and to remove unqualified charlatans from the real estate conveyancing industry.

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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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