Property Marketing & Sales

Under the Real Estate and Business Agents Act 1978 (WA), what must a real estate agent's property sale advertisement contain?

Under WA consumer protection laws, what is the primary requirement when advertising a property for sale?

In WA, when advertising a property for sale, is the agent required to display a price in the advertisement?

A WA agent markets a property claiming it has 'ocean views' when the view is only partially visible from one upstairs window. What risk does the agent face?

A WA agent advertises a property as having '4 bedrooms' when one room does not meet the National Construction Code (formerly the Building Code of Australia) requirements for a bedroom. This is an example of:

A Victorian estate agent receives two written offers on a property: one for $920,000 which the vendor rejects, and a subsequent one for $900,000. The agent's estimated selling price in the authority is $880,000. What is the minimum price the agent may now quote in advertising?

In Victoria, when marketing a property for auction, which of the following advertising practices is permitted?

When marketing a residential property for private sale in Queensland, an agent gives prospective buyers a price guide. The price guide must:

An estate agent in Victoria advertises a property with a price range. Under the Estate Agents Act 1980 underquoting provisions, what is the maximum permitted spread of the quoted price range?

Under Victorian underquoting laws, what is an estate agent required to provide to prospective purchasers when marketing a residential property?

A Victorian estate agent quotes a residential property at '$750,000 to $800,000' in all marketing. The vendor's reserve price is $900,000 and the agent's own estimated selling price recorded in the authority is $890,000. Which underquoting rule has the agent breached?

Under SA consumer protection law, which of the following is considered misleading conduct in property marketing?

In South Australia, what must a land agent include in an advertisement for the sale of land?

In South Australian real estate, which of these is 'bait' pricing in advertising?

An SA agent receives multiple offers on a property listed for private treaty sale. What is the agent's obligation?

In SA, when conducting an auction, what is the agent's obligation regarding the reserve price?

In SA, what are the rules regarding dummy bidding at auctions?

Under SA regulations, what disclosure must an agent make if they receive a rebate or commission from a third-party service provider recommended to a client (e.g., a photographer or staging company)?

In SA, what is the agent's responsibility when a property is marketed as having a specific land size?

What obligations does an SA land agent have when marketing a property with known building defects?

A licensee who trades under a registered business name places a newspaper advertisement for a listing. Under the Property and Stock Agents Act 2002, what must the ad include?

A licensed agent is selling an investment unit that she owns herself, using her own agency. What must her advertisements for the unit disclose?

An agent advertises a property as 'walk to beach' when it's actually a 15-minute drive to the nearest beach. What type of violation is this?

A real estate agent advertises a property with multiple price indicators across different platforms: '$600,000+' on the website, '$550,000 - $600,000' in print advertising, and verbally tells prospective buyers 'around $650,000'. Which statement best describes this situation?

Which advertising method is typically considered the most cost-effective for reaching the broadest audience in property marketing?

Under Australian Consumer Law, which statement about property advertising is correct?

Which advertising practice is prohibited under Australian consumer law for real estate marketing?

An agent advertises a property as 'waterfront' when it's actually 200 meters from the water with no water views. Which regulatory body would primarily investigate this misleading advertising?

A property is advertised as having 'stunning harbour views' but the view is only partially visible from one bedroom window and significantly obstructed by neighbouring buildings. The agent has never personally inspected the property but relied on the vendor's description. What are the potential legal implications?

Which statement about property advertising compliance is correct under Australian Consumer Law?

What information must be included in property advertising under Australian Consumer Law?

In Victoria, a vendor plans to pass the property in at auction if the reserve is not met and then negotiate straight away with the bidders. What is the key legal consequence for a buyer who signs a contract that afternoon?

In NSW, if a property is passed in at auction, what are the vendor's immediate options?

During an auction, at what point does the property become 'on the market'?

In NSW, the auctioneer takes a bid on the vendor's behalf without announcing it as a vendor bid, and the property is then knocked down to a genuine bidder. What is the legal position?

During an auction, when does the auctioneer normally announce that the property is 'on the market'?

A property is advertised as 'Auction Saturday unless sold prior'. Three days before the auction, the vendor accepts a private offer. What must the agent do?

What is the primary purpose of a reserve price at a property auction?

When can an auctioneer pass in a property at auction?

A property is passed in at auction with the highest bid of $780,000, but the reserve was $820,000. What happens next?

At an auction whose conditions require bidders to register, the auctioneer accepts a bid from someone who has not registered. A registered bidder objects. What should happen?

In Victoria, what happens if a property fails to reach its reserve price at auction?

A vendor instructs an agent to pass in their property at auction if bidding doesn't reach $750,000, but the highest bid reaches $745,000. The agent sells the property for $745,000 immediately after the auction. What is the most serious issue?

At a property auction, what happens if bidding does not reach the reserve price?

During an auction, the auctioneer makes a bid on the vendor's behalf. What is this called, and when is it lawful?

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?

A buyer arrives to register at a NSW residential auction with only her overseas passport, which does not show her address. What will allow her to register?

Tom plans to bid at a NSW house auction on behalf of his sister, who will instruct him by phone from Perth. Neither holds power of attorney. What must Tom do to bid for her?

A married couple intend to bid together at a NSW residential auction to buy the house jointly. What registration is required?

Two brothers co-own a NSW house being sold at auction, and one brother wants to bid to buy out the other. What must happen for the co-owner to make more than one bid?

What is the key difference between an 'Expressions of Interest' campaign and a standard private treaty sale?

In an 'expressions of interest' campaign, what is the agent's primary obligation to potential buyers?

In an 'expressions of interest' campaign, what is the typical outcome after the submission deadline?

In an expressions of interest campaign, what is the agent's primary obligation regarding price guidance?

What is an 'Expression of Interest' campaign in property marketing?

Which marketing method would be most appropriate for a unique heritage property in a specialized market?

Which marketing method typically results in the highest sale price for residential properties in competitive markets?

What is the main difference between an auction and an expression of interest campaign?

Which advertising method is most commonly used for residential property marketing in Australia?

What is the main advantage of a tender sale method over an auction?

What is an 'Expression of Interest' campaign typically used for?

Which marketing method typically provides the vendor with the most control over the sale timeline?

Which sale method invites all interested buyers to submit offers by a set closing date, after which the vendor may negotiate with any of them?

Which marketing method typically generates the highest level of buyer competition?

Which statement best describes the 'expressions of interest' marketing method?

An agent is selling a Blacktown house. Which fact is a prescribed material fact she must disclose under the Property and Stock Agents Regulation 2022?

A vendor tells his agent the rear granny flat is ‘fully council approved’. Without checking, the agent repeats this to buyers; one of them buys the property relying on it, and it proves false. Can the agent commit an offence?

A NSW house was passed in at auction on the auctioneer's vendor bid of $1.4 million (invented). The next week the agent's online listing says 'Passed in at $1.4m, now for sale'. What is wrong with this?

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

In a private treaty sale, what does 'subject to contract' typically mean?

In a private treaty sale, what does 'subject to finance' typically mean for the purchaser?

An agent in NSW receives an offer on a property listed for private treaty sale. The agent knows of another buyer who previously expressed strong interest but hasn't yet made a formal offer. What is the agent's legal obligation regarding disclosure?

For a buyer, what is the main advantage of buying by private treaty rather than at auction?

An agent receives three written offers on a property listed for private treaty sale. What is the agent's legal obligation?

In NSW, a buyer signs a private treaty contract for an established home and changes their mind two days later. When can they withdraw, and at what cost?

A buyer makes an offer on a property listed for private treaty sale. The agent must present this offer to the vendor within what timeframe?

In a private treaty sale, when does the contract become legally binding?

What is the main difference between a private treaty sale and an auction?

During a private treaty sale, a buyer makes an offer subject to finance approval within 14 days. The vendor accepts the offer. What happens if the buyer cannot obtain finance within the specified timeframe?

What is the main advantage of the private treaty method over auction for a vendor?

A sales agent tells a caller that a Kogarah unit is likely to sell between $640,000 and $700,000. What record does the Act require, and for how long?

NSW Fair Trading serves an agent with a written notice asking for evidence that a price guide he gave buyers was reasonable. What happens if he ignores the notice?

On auction morning a NSW vendor tells the auctioneer she will text her reserve price once she sees how bidding goes. What do the auction conditions require?

An agent's agreement records an estimated selling price of $1.2 million to $1.3 million. At an open home she tells a buyer, 'The vendor would probably take $1.15 million.' What is the issue?

An agent is convicted of an underquoting statement on a sale that earned him commission. What extra order can the court make, beyond the fine?

The agency agreement for a Penrith home records an estimated selling price of $780,000. The agent's draft online listing reads 'Offers over $780,000'. Is the listing compliant?

After revising a property's estimated selling price upward, an agent notices a portal listing still shows the old, lower price guide. What must she do?

Two weeks into a campaign, strong buyer feedback shows an agent's recorded estimated selling price is no longer reasonable. What does the Act require when she revises it?

A sales associate employed by a licensee tells buyers a price below the recorded estimated selling price. When can the licensee also be convicted over the associate's statement?

A real estate agent updates the price guide for an auction property three times during the campaign, each time increasing it based on buyer feedback. What compliance issue might this create under current legislation?

A property is advertised as 'Offers Over $800,000' but sells at auction for $950,000. The reserve price was set at $900,000. What is the most likely issue with this marketing approach?

Under Australian Consumer Law, what happens if an agent provides a price estimate that is significantly below the actual selling price?

A Victorian property is advertised at $800,000 to $850,000. Before the auction, the vendor tells the agent the reserve will be $900,000. Under the underquoting laws, what must the agent do?

An agent in Victoria provides a price guide of '$800,000 - $880,000' but sets a reserve price of $950,000. Three comparable sales in the area have sold for $920,000, $935,000, and $965,000. What is the most likely regulatory outcome?

A vendor instructs their agent to set a reserve price of $1.2 million but wants the property advertised as 'Auction - Price Guide $950,000+'. The agent has recent comparable sales between $1.15-1.25 million. What should the agent do?

A property is advertised with a price guide of '$800,000 - $850,000' but the reserve price is set at $920,000. What issue does this create?

A property is advertised with a price guide of '$800,000 - $850,000' but sells at auction for $950,000. The agent had three recent comparable sales ranging from $920,000 to $960,000. What issue has likely occurred?

In NSW, if a property receives three bids above the advertised price range during an expressions of interest campaign, what must the agent do regarding the advertised price?

An agent advertises a property price guide as '$1.2M - $1.32M' but the reserve is set at $1.4M. Three comparable sales in the area in the past 6 months were $1.35M, $1.41M, and $1.38M. What is the most serious legal issue with this marketing approach?

An agent in NSW quotes a property at $800,000-$850,000 but sets the reserve at $900,000. Three weeks later, the agent receives feedback that most buyers are interested at $820,000-$840,000. What should the agent do to comply with underquoting legislation?

A Queensland agent advertises a property for private sale with a price guide of $450,000 to $480,000, but the vendor has said they will not sell for less than $520,000. Which law has potentially been breached?

A Victorian agent quotes a price range of $800,000 to $850,000, but the vendor's reserve is $900,000. Which provisions most directly deal with this conduct?

An agent quotes a property at '$800,000 - $850,000' but three comparable sales in the area sold for $920,000, $935,000, and $940,000 respectively in the past three months. What issue does this scenario present?

What constitutes underquoting in property marketing?

A vendor's reserve is $800,000 and the agent's advertised guide is '$800,000 - $850,000'. Three weeks in, the agent has received several genuine written offers between $880,000 and $900,000. What should the agent do?

An agent initially quotes a property at '$1.2M+' but after receiving three comparable sales showing higher values, wants to revise the quote to '$1.35M to $1.4M'. What is the most appropriate course of action under underquoting legislation?

An agent advertises a property with a price guide of '$800,000 - $850,000' but the vendor's reserve is $900,000. What is this practice called?

A property has recent comparable sales of $580,000, $595,000, and $610,000. What would be an appropriate price guide under underquoting legislation?

What is the main purpose of underquoting legislation in property marketing?

An agent quotes a property at $800,000-$880,000 but knows the vendor will not sell for less than $950,000. What legislation has likely been breached?

Before a NSW residential auction, the vendor asks the auctioneer to make two vendor bids if bidding stalls, both announced as vendor bids. What must the auctioneer tell the vendor?