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NSW Cracks Down on Property Underquoting with Stiff Penalties
Primul articol: 15 mar. 2026, 02:17
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Ultima actualizare: 15 mar. 2026, 02:17
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The New South Wales (NSW) government is taking action to address the issue of property underquoting, a practice where real estate agents deliberately underestimate the likely selling price of a property to attract more potential buyers. The new regulations will require sellers to publish accurate price guides on all property listings, providing buyers with a clearer understanding of the expected price range. Agents found guilty of underquoting will face fines of up to $110,000.Articole despre acest subiect
Foto: The Guardian
NSW to crack down on property underquoting, forcing sellers to publish price guides on all listings
Underquoting and ‘dummy bidding’ will attract fines of $110,000 in bid to create a ‘fair property market’Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe New South Wales government will introduce new laws this week to force property sellers to publish a price guide on all advertising, and impose a fivefold increase to fines for underquoting real estate agents.The government says the draft laws, first flagged last year, are aimed
Citeste pe The Guardian →