Watch Out When Your Agent Wants To Buy Your Property

by Tim O'Dwyer M.A., LL.B Solicitor Consumer Advocate watchdog@argonautlegal.com.au A seller has achieved, without legal representation, a spectacular win in Queenslands Commercial & Consumer Tribunal. A suburban real estate agency and one of its registered salespersons were held liable for his financial loss of $59,067.50 after an agency saleswoman and her husband bought his matrimonial home before reselling it at a higher price. Less than a day after this home was listed for sale the agencys...(read more)

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[Source: Australian Real Estate Blog]