A house sits two streets outside the boundary of a sought-after Sydney suburb. The vendor wants the listing to name that suburb, as buyers search for it. What may the agent do?
Correct Answer
A) Name the suburb the house is actually in, not the one next door
NSW Government guidance on real estate advertising says advertisements must not make statements that are untrue or likely to mislead, and that agents must not advertise a property as being in a suburb unless it actually is in that suburb. The Property and Stock Agents Act 2002 also prohibits licensees publishing materially false or misleading statements to promote a sale.
Why This Is the Correct Answer
Agents must not advertise a property as being in a suburb it is not in.
Why the Other Options Are Wrong
Background Knowledge for Property Marketing
Exam Tip for Property Marketing
Common Mistakes to Avoid on Property Marketing Questions
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Previous Question
A Hornsby house passes in at auction on a vendor bid of $1.1 million. The agent's next email to buyers says 'Passed in at $1.1 million – now for sale by private treaty.' What does the Act say?
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A licensed agent is selling an investment unit that she owns herself, using her own agency. What must her advertisements for the unit disclose?