REAL ESTATE AUCTION LEMONS
It’s a well-known buyers’ maxim – homes that fail to sell at auction are ripe for a lower offer. Yes, it’s the season for buyers to be picking auction lemons. Which means it’s time for sellers to avoid auctions.
It’s a well-known buyers’ maxim – homes that fail to sell at auction are ripe for a lower offer. Yes, it’s the season for buyers to be picking auction lemons. Which means it’s time for sellers to avoid auctions.
Two surveys in less than two weeks have confirmed what most of us already know. Consumers don’t trust real estate agents.
The REIV’s press release is as misleading as Tostevin’s dummy bidding.
There is a difference between price and value. A huge difference.
The Real Estate Institute of Victoria and its CEO, Enzo Raimondo, have developed a bizarre habit of late – abusing and threatening some peak authorities and respected figures.
The Australian Competition and Consumer Commission (ACCC) is taking legal action against a member of the Real Estate Institute of Victoria (REIV) over misleading and deceptive conduct.
It’s one of the oldest tricks in real estate – distort the sales results to make auctions look good.