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Under-quoting still happening
The rules within the REIV state that an agent must quote up to a 10% range when LISTING the property and is then able to quote a 15% range when SELLING, but this must sit within the vendors reserve price. If the price changes this must be approved via the listing authority by the owner. If...- Kanemicm
- Post #36
- Forum: The Buying/Selling Process
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K
Under-quoting still happening
A agent is footscray, Victoria just got pinned on a property priced 555k - 580k for telling the buyer mid $500's, The REIV fined him $10k and he had to appologise via a full page advertisement in the local paper.- Kanemicm
- Post #23
- Forum: The Buying/Selling Process