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9000 readers told us about underquoting. Now, the government has acted

Reforms follow investigation showing 90% of Sydney auctions exceed price guides, with penalties rising to $110,000 or triple agent commissions to protect buyers.

Summary by Sydney Morning Herald
Sydney’s real estate agents are on notice: big fines, new rules and mandated price guides are on the drawing board.

4 Articles

9News9News
Lean Right

Dodgy real estate agents to face $110,000 fines for underquoting

Dodgy real estate agents who put misleading price estimates in property listings in NSW could face tougher...

·Australia
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The Canberra TimesThe Canberra Times
Lean Left

Realtors to face big fines for underquoting home prices

Unrealistically low prices being advertised for homes have drawn the ire of government with new laws to impose...

·Canberra, Australia
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Sydney Morning HeraldSydney Morning Herald
Reposted by
The AgeThe Age
Lean Left

9000 readers told us about underquoting. Now, the government has acted

Sydney’s real estate agents are on notice: big fines, new rules and mandated price guides are on the drawing board.

·Sydney, Australia
Read Full Article
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in Sydney, Australia on Wednesday, November 12, 2025.
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