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Property MarketingPrice AdvertisingNSWEASY

A vendor instructs her agent not to publish any price for her Marrickville terrace. How should the agent treat that instruction?

Correct Answer

B) Follow it, while still never suggesting a price below the recorded estimate

NSW Government guidance for sellers says you can instruct your agent not to disclose the estimated selling price to buyers. The underquoting provisions still apply to anything the agent does say: no advertisement or statement may suggest a price below the estimated selling price. Mandatory price information in advertisements is part of the reforms expected later in 2026.

Answer Options
A
Refuse, because every NSW residential advertisement must currently include a price
B
Follow it, while still never suggesting a price below the recorded estimate
C
Follow it, and then feel free to quote any figure to buyers who ask by phone
D
Follow it, but only if the property is being sold by auction rather than private treaty

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