Avoiding real estate fraud is something that isn’t always in the minds of home buyers and sellers in Western Australia. But you need to be protected so that you don’t become a victim of any sort of fraud that will cost you money or stress.
Whether you’re buying or selling a home, navigating the legalities in the world of real estate isn’t always easy. Mountains of contracts and associated paperwork can feel overwhelming. Home buyers and sellers should do some reearch and familiarise themselves with basic real estate law in their area as it relates to the type of sale or transaction they are involved in. Knowing your rights and your responsibilities is important. Using professional legal services to help you is also important. But what if you have a problem with a contract, with finance issues, with a warranty, with an industry professional, and so on? Do you know what to do to protect yourself or to take action if something goes awry?
In Western Australia, for instance, the following is a great resource for those who are buying, selling, and renting property in Western Australia:
It’s important to know that things are governed here and real estate agents are subject to codes of conduct that enables them to retain their licensing. If you have issues, there is recourse for you including complaint forms for consumer protection.
There are many helpful resources that can help buyers and sellers protect themselves. If something doesn’t feel right or if you feel like you’re being victimised, do take action urgently.
It’s wise to ensure you always take the time to research the reputation of professionals you are dealing with to ensure that you minimise the chances of problems. Don’t hesitate to ask for proof of licensure!