A Victorian agency wants to advertise a rental house as 'Contact agent' instead of showing a rent, to see what applicants will offer. How does Consumer Affairs Victoria treat this?
Correct Answer
A) It is rental bidding, because advertisements must show a single fixed rent
Rental bidding has been prohibited in Victoria since the 2021 reforms. Consumer Affairs Victoria treats using a price range, or phrases such as 'Contact agent', in place of a fixed price as rental bidding, because renters cannot tell what rent is being asked and may offer inflated amounts. Agents and companies can be fined for each offence.
Why This Is the Correct Answer
A rental advertisement must state one fixed rent; 'Contact agent' and ranges are treated as soliciting bids.
Why the Other Options Are Wrong
Background Knowledge for Property Marketing
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