For real estate agents and pastoral house agents
Agents must not make any false or misleading representations about a property, including any representations on price.
Agents must provide a comparative market analysis as an explanation of any property´s price quote. A comparative market analysis compares at least three properties of similar standard or condition, which were all sold within a five-kilometre radius in the previous six months. If the agent cannot give a comparative market analysis, they must explain in writing the market advice or opinion they give a client.
Last reviewed 21/11/2011