I recently listed my house for sale with a local agency. The salesperson told me that he
Question:
I recently listed my house for sale with a local agency. The salesperson told me that he could get at least $700,000 which sounded like a very good price, so I signed an agency agreement and put the house on the market. When my son saw my house for sale at $700,000, he said I was selling far too cheaply and asked to see a copy of the market appraisal. I hadn't been given one of those, or anything else for that matter. I don't even have a copy of the agency agreement I signed. The salesperson did say he would get some paperwork to me at a later stage as he was in a hurry to get to his next appointment, but that was about a week ago. I have since found out from another agency that my property is worth at least $800,000 comparing it to other recent sales in my neighbourhood. Task Identify two sections from the Act and three rules from the Code that are relevant.
Justify whether misconduct or unsatisfactory conduct or no further action applies (if unsatisfactory or misconduct apply, identify the section and any subsections that relate). under the Real Estate Agents Act 2008 and the Real Estate Agents Act (Professional Conduct and Client Care) Rules 2012 (the Code).