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Auction Bullying
10 May 07 11:33 AM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate “Auction turns to scuffle” is the title of an article by David Nankervis of the Adelaide Sunday Mail (p.36). The article describes how police Read More...

Filed under: Auction, Estate agent

In NSW Dummy Bidders Now Face $55K Fine
03 May 07 04:45 PM | Peter Mericka | 0 Comments   

From domain.com.au "Tougher dummy bidding laws were introduced to the real-estate industry last weekend on one of the year's busiest auction days last Saturday." But contrary to what Fair Trading Minister Diane Beamer suggests in the article, we do not Read More...

Filed under: Auction, Deception, Estate agent

Hey Geoff, Real Estate Deceptions Are Never Funny
03 May 07 11:59 AM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate It would appear that the President of the REIV thinks it's funny when consumers are tricked by the scam known as the real estate auction. Read More...

Filed under: Auction, Estate agent, Inspection

The Latest In Real Estate Deception
01 May 07 04:49 PM | Peter Mericka | 0 Comments   

It appears that estate agents now have a new weapon in their auction deception armory. Street theatre! Gary Lapersonne, writing as "Secret Agent" in the Domain section of The Sunday Age (Domain p.2 Sunday Age 7 May, 2006) reports on claims that a Melbourne Read More...

Filed under: Auction, Deception, Estate agent

The "Private Auction" – A Haven For The Dummy Bid
01 May 07 03:45 PM | Peter Mericka | 1 Comments   

OPINION by Peter Mericka B.A., LL.B Real Estate Lawyer Qualified Practising Conveyancer Victoria Director Lawyers Real Estate Pty Ltd The dreaded "dummy bid" never really went away; it simply mutated into a more insidious form through the concept of the Read More...

Filed under: Auction, Bid, Deception, Estate agent, Private Auction, Sale By Tender, Tender

The Dummy Bid Lives!
01 May 07 03:43 PM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate As mentioned in our previous posting, the dummy bid never went away, it simply mutated into more insidious forms. According to "Secret Agent" Read More...

Filed under: Auction, Estate agent

Auction Tales From The Deep North
30 April 07 12:00 PM | Peter Mericka | 0 Comments   

by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Queensland’s Beattie Government has changed the law on auctions. It took six years, despite Fair Trading Ministers’ regular boasting about the world’s Read More...

Filed under: Auction, Estate agent

But Wait, There's More Burlesque In Queensland!
30 April 07 11:56 AM | Peter Mericka | 0 Comments   

by Tim O’Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Queensland’s Auctioneering Practice Code of Conduct is flawed - not only because of its failure to require identification of phone-bidders absent from Read More...

Filed under: Auction, Estate agent

Winning Auction Bidders Beware
28 April 07 11:46 PM | Peter Mericka | 0 Comments   

(NOT APPLICABLE IN VICTORIA OR A.C.T.) by Tim O'Dwyer M.A., LL.B Queensland Solicitor & Consumer Advocate watchdog@argonautlegal.com.au Peter Mericka was correct when he stated in Auctions Exposed As Non-Binding that, as every agent, auctioneer, solicitor Read More...

Filed under: Auction, Conveyancing, Estate agent, Sale

Auctions Exposed As Non-Binding!
28 April 07 11:42 PM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate When is an auction not an auction? When it's a real estate auction. This was demonstrated recently when the highest bidder for a $2.7 million Read More...

Filed under: Auction, Estate agent

Auctioneer Booed!
28 April 07 11:33 PM | Peter Mericka | 0 Comments   

by Peter Mericka B.A., LL.B Real Estate Lawyer and Qualified Practising Conveyancer Victoria Lawyers Real Estate Consumers are starting to wake up! Finally the market has turned on an auctioneer, and refused to be manipulated. Although it was tucked away Read More...

Filed under: Auction, Estate agent, Sale