Real estate agents told Sophie to offer more money to get a rental. Here's why that's legally murky

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Amid an increasingly competitive market, would-be tenants say some real estate agents are encouraging desperate house hunters to offer more money to secure a rental, despite rental bidding being outlawed.

abc.net.au/news/queensland-rental-real-estate-agent-bid-property/101883618Sophie* and her partner are relieved to have a roof over their heads after a nightmare experience looking for a rental in inner Brisbane.A two-bedroom unit within 10 kilometres to Brisbane's CBD was the goal — somewhere close to both their workplaces.

Some were more blatant than others, though all of them would only address Sophie when they were not within earshot of other prospective tenants. The Rental Affordability Index , published by National Shelter, Community Sector Banking, Brotherhood St Laurence and SGS Economics & Planning, is a price index for rental markets.The rental squeeze is also borne out in figures published by the Real Estate Institute Queensland .

But the rental must be advertised at a fixed price, and agents are not able to advertise with a rent range, conduct a rental auction or proactively tell rental applicants to offer over the advertised rental price and encourage them to outbid each other. "I've been offered up to $200 more a week, which I wouldn't accept because I think its unethical and it's just adding to the whole situation," she said.Ms Mercorella conceded not all landlords are so principled.

 

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Those parasite real estate agents are a big part of the reason we have a housing /rental crisis in Aust. They need to be in prison for 10 yrs min.

The only real solution is more public housing,which will lower demand, which will lower rental prices.

Couple of things realestate could own it realestate family or freind could own it or its a bigger cut to the realestate which ever way its a win win for the realrestate Who is the goverment body keeping realestate honest i hear crickets .

Real Estate Agents - the World's oldest profession

Maybe Sophie shouldn't have spent her money on tats and stupid hats...

Probably should've forsaken that latest iPhone.

Real estate agents are the devil’s work!

geoffrey_payne Useful summary. Renting RealEstateAgents RentalBidding

It’s sa good that Labor are increasing immigration to put even more demand in the market as that will push rental prices sky high. Plus with them paying for a war in Ukraine cost of living is crippling society. Luckily though Labor are ensuring the rich get richer. 👍👍💰💰

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