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    • Home
    • Why BARRA
    • Founder
    • Appraisals
    • Our Services
    • Barra Blog
    • Contact
    • For Sale
      • Listings
  • Home
  • Why BARRA
  • Founder
  • Appraisals
  • Our Services
  • Barra Blog
  • Contact
  • For Sale
    • Listings

We Know the Rules. And We Follow Them.

BARRA Realty: We Do It Right, From the Start


We don’t just meet the legal standard — we lead with it. Every appraisal we deliver is backed by real data, local insight, and market-driven evidence. You get a fair, accurate estimate that reflects current conditions and fully complies with New South Wales law.


We keep you informed, confident, and in control — from appraisal to settlement.


Estimated Selling Price: What the Law Requires


Under NSW law, agents must provide a reasonable, evidence-based estimate of your property’s likely selling price. At BARRA Realty, we back our estimates with:


  • Comparable recent sales
     
  • Location and land value
     
  • Architectural design and condition
     
  • Zoning, easements, and access
     
  • Market demand and buyer sentiment
     
  • Seasonal trends and economic shifts
     

We provide this estimate in writing, as required by the Property and Stock Agents Act 2002 and NSW Fair Trading guidelines. If the market shifts or new evidence arises, we’ll update you in writing, explain the reasons clearly, and revise the agency agreement to reflect the change.


Underquoting: Know the Rules


NSW law prohibits misleading pricing in property marketing. That means we cannot:

  • Advertise a price using a plus sign (e.g., "$900,000+")
     
  • Use phrases like "offers over" or "offers above"
     
  • Quote a price range where the upper limit exceeds the lower by more than 10% (e.g., $1.2M to $1.35M is legal, but $1.2M to $1.4M is not)
     

These rules protect you — and buyers — from false expectations and ensure a transparent sales process.


Marketing with Integrity


We market your property with precision, care, and full compliance. Every listing reflects real value — no inflated promises, no legal grey areas.


You can ask us not to disclose your estimated selling price to buyers. But we must still include that estimate in the agency agreement, and we’ll never promote a price that doesn’t align with NSW Fair Trading rules.


What You Can Expect From Us


✔ A clear, data-backed estimated selling price
✔ Full legal compliance in all advertising
✔ Written notice of any changes, with updated market evidence
✔ Amendments to your agency agreement when required
✔ Accurate, up-to-date marketing materials reflecting current conditions


If the Market Moves, So Do We


Markets change — and so do price expectations. When conditions shift:


  • We reassess your property's value using fresh data
     
  • We notify you in writing
     
  • We explain the change and update the agency agreement
     
  • We revise all marketing to reflect the new estimate

 

Our Fiduciary Duty to You


As your agent, we have a legal and ethical duty to act in your best interest. That includes:


  • Protecting your privacy (under the Privacy Act 1988)
     
  • Providing honest, evidence-based advice
     
  • Guiding you with professionalism and integrity
     
  • Ensuring your transaction meets all legal obligations
     

You decide your price. We provide the tools, data, and strategy to get it right — and get it sold.


Comparing Agents: What to Watch For


Not all agents follow the same standards. Some may inflate estimates to win your listing. Be cautious:


  • High estimates without strong evidence may signal inexperience or non-compliance
     
  • All agents must support their estimates with recent, comparable sales
     
  • Under the Property and Stock Agents Act 2002, failure to do so can result in penalties
     

Ask questions. Request evidence. Choose experience and transparency.


Why Trust Matters


Selling your home is one of the biggest financial decisions you’ll ever make. You need a partner who understands the law, respects your goals, and acts with integrity.


At BARRA Realty, we do more than list property — we protect your interests, maximise your outcome, and deliver results with honesty and respect.


Legislation Reference Summary


Property and Stock Agents Act 2002 (NSW)
Sets out agent duties, including providing honest, evidence-backed price estimates. Bans underquoting and ensures transparency.
Read more →


NSW Fair Trading Underquoting Guidelines
Clarifies how agents must comply with pricing laws in appraisals and advertising to protect consumers.
Read more →


Privacy Act 1988 (Cth)
National legislation regulating how we collect, use, and protect your personal information during property transactions.
Read more →


Final Word


At BARRA Realty, we uphold the highest legal and ethical standards — not because we have to, but because we believe in doing the right thing. Our appraisals are clear, compliant, and always in your best interest.


Let’s sell your home the right way — with facts, fairness, and focus.

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