We had an extended discussion with co-host Brooke Cooper about the recent rule changes in Victoria about agents having to disclose the reserve price a week out from auction, and what that means for the market.
Brooke's piece on Victoria's auction news:
https://www.savings.com.au/news/victoria-forces-disclosure-of-auction-reserve-prices-in-crackdown-on-underquoting
Reach out to us at enquiries@savings.com.au
01:28 - Deals of the auction rules
03:20 - What the critics are saying
06:35 - What is underquoting
08:38 - Price transparency
10:32 - A free market?
11:26 - Personal anecdotes
