It’s al­ways good to re­view me­dian prices

Mt Buller News - - FRONT PAGE -

REAL es­tate agents across Vic­to­ria are bound by a code of ethics re­quir­ing them to act fairly and hon­estly in their deal­ings with prop­erty buy­ers.

In a buoy­ant mar­ket, it is not al­ways pos­si­ble for agents to pre­dict the fi­nal sell­ing price of a prop­erty, how­ever they can guide buy­ers to what they feel the fi­nal pur­chase price may be based on his­toric sales within that area.

Buy­ers should also be aware of the ad­di­tional costs in­volved when pur­chas­ing, such as con­tin­u­ing out­go­ings, land taxes etc and take th­ese into ac­count be­fore sign­ing on the dot­ted line.

Buy­ers are ad­vised to al­ways re­view me­dian prices when seek­ing to pur­chase a home or an apart­ment ei­ther on or off the moun­tain.

Any mem­ber of the pub­lic that has an is­sue with price quot­ing can al­ways re­fer the mat­ter to Con­sumer Af­fairs Vic­to­ria (CAV).

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