Join Australia's most dynamic and respected property investment community

Two Melbourne real estate agencies admit to underquoting

Discussion in 'Information Resources & Tools' started by KateAshmor, 12th Jan, 2017.

  1. KateAshmor

    KateAshmor Victorian Conveyancing Lawyer Business Member

    Joined:
    25th Jun, 2015
    Posts:
    229
    Location:
    Melbourne
    S.T likes this.
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    8,420
    Location:
    Sydney or NSW or Australia
    The Richmond fine was $30k/property - it's not like it was a one off. Penalty wasn't sufficient to drive the licensee out of business, so it wasn't sufficiently onerous when considered that it was a conscious business decision like underpaying workers or breaching WHS law.
     
    KateAshmor likes this.
  3. dabbler

    dabbler Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    5,074
    Location:
    Sid en e - olympic city
    Makes you wonder if they got the memo not to do it.