Bait advertising and underquoting

Bait advertising and under-quoting can have a significant and detrimental financial impact on consumers. The real estate industry is often where the financial impact can be the most considerable.

The CBS Compliance and Enforcement unit regularly check advertisements published online, in social media and newspapers. They also regularly attend open inspections and auctions to make sure advertising and contracts align to avoid misleading prospective purchasers

Media release – Crackdown on dodgy land agents (PDF 356KB)