SMH · general
Real estate agents aren’t evil. But they need stricter rules
4 hours ago
Real estate agents in Australia face calls for stricter regulations following widespread issues with underquoting. New South Wales has increased penalties for underquoting from $22,000 to over $110,000 and mandated reserve price disclosures before auctions. These changes aim to address market failures and improve transparency for buyers navigating the property market.
Summary by Glance · Original reporting by SMH
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