Hi, Have been looking at a property in Brisbane recently. From the get go the REA has told me the land value is $550k and I even have that in writing from him. I decided to look this up for myself and found out through the latest valuations that the land value is $395k. Big difference. MY question is this.... Is what he has done illegal? or just immoral? I have tried to find information via the qld government website but I get a little lost in the millions of possible pages. I did find this though from the ACCC: False or misleading claims To reduce the chances of misleading you, real estate agents must take care to: disclose all information relevant to the price of the property advertise the selling price based on a reasonable market appraisal or the price the seller has indicated they are likely to accept not make false claims about the price of the property not advertise or under quote a property at a price significantly less than the selling price to attract interest in the property not make false claims about the location, characteristics or use that can be made of the land Anyone have any idea where I should go from here?