THE Real Estate Institute of Victoria has dumped its plan to crack down on estate agents who use misleading price advertisements, claiming that at $7500 it was too expensive to implement. About 18 months have passed since the REIV board voted to ban ”price-plus” advertising, with the industry body promising a new code of conduct [...]

A Melbourne tradition as common as Saturday football once was – watching a house in your street sell under the auctioneer’s hammer – may be threatened if a model for bulk selling homes takes off. In-room auctions, where dozens of homes are sold by one auctioneer at a venue full of prospective buyers, are common [...]