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Enhancing Transparency in Real Estate: Proposed Reforms to Underquoting Laws
The Minns Labor Government plans to revamp the state's underquoting regulations, initiating consultations on proposed reforms to enhance professional standards in the real estate industry, increase transparency in property listings, and bolster buyer confidence.
The proposed changes aim to address misleading price estimates in property listings, known as underquoting, which cause buyers to waste time and money on homes beyond their reach.
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Is That Stunning Real Estate Photo Too Good to Be True or Just AI Magic?
In real estate, visuals are everything. With the surge of artificial intelligence (AI), stunning photos are easier to achieve than ever before. However, as these images become more polished, a critical question emerges: Are they too good to be true? While AI enhances photos in impressive ways, real estate agents need to be cautious not to mislead potential buyers. Let’s look at the implications of using AI in real estate photography and why staying true to reality is vital.
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Underquoting by Real Estate Agents - it's a no, no
Underquoting is not to be done by RE Agents, see recent results on compliance inspections
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