Real estate agents aren’t evil. But they need stricter rules

Real estate agents in Australia face calls for stricter regulations amid concerns over unethical practices. In March, New South Wales increased penalties for underquoting from $22,000 to over $110,000 to tackle misleading pricing. Victoria now mandates sellers disclose reserve prices, aiming to reduce market failure and provide buyers with more accurate information.

Read full article on The Age →

Summary by Glance · Original reporting by The Age