About the episode
New South Wales is introducing reforms to crack down on controversial real estate practices like under quoting and dummy bidding, with agents facing fines up to $110,000 for misleading buyers. The proposed changes would require every property listing to include a clear price guide explaining how the estimate was calculated. The Australian Property Institute is advocating for independent valuations rather than agent-provided estimates to ensure transparency and fairness for both buyers and sellers.See omnystudio.com/listener for privacy information.
