I believe that certain real estate practices being conducted on the Gold Coast may be in breach of the Property Agents and Motor Dealers Act (PAMD) and the Trade Practices Act.
These practices relate to promotion and conducting Auctions.
The relevant legislation I will be referring to are;
PAMD Act
o Section 154 of the PAMD act specifies the Code of Conduct applicable to a real estate agency or agent.
o Section 231 of the PAMD act specifies the code of conduct applicable to Auctioneers.
o Section 593 of the PAMD act relates to false or misleading representations or statements.
o PAMD - Real Estate Agency Practice Code of Conduct - Schedule 7 - Honesty fairness and professionalism
o PAMD - Real Estate Agency Practice Code of Conduct - Schedule 9 - Agent to act in client's best interest
o PAMD - Real Estate Agency Practice Code of Conduct - Schedule 14 - Fraudulent or misleading conduct
o PAMD - Real Estate Agency Practice Code of Conduct - Schedule 15 - High pressure tactics, harassment or unconscionable conduct
o PAMD - Real Estate Agency Practice Code of Conduct - Schedule 18 - Soliciting through false or misleading advertisements or communications