Hayden is Deputy President of the Real Estate Institute of Australia and past President of the Real Estate Institute of Western Australia. He is also the director of dethridgeGROVES Real Estate in Fremantle.
Seizing on a growing gap in the market, a buyer’s agent acts for and is paid by the purchaser. Time poor investor types find this service particularly worthwhile.
Believe the agent when they tell you there are other offers in play.
Statistics show that sellers that have an inflated opinion of the likely market price of their property lose money in the end.
There are some circumstances whereby selling your “primary residence” could be subject to capital gains tax.
Most agents, faced with the prospect of listing a quality property and working with genuine sellers, will be happy to negotiate a fair fee.
Agents shouldn't push sellers to provide warranties outside their contractual obligations.
The union has not been able to demonstrate that the real estate industry suffers widespread disputation between employers and employees, so why register every private employment contract?