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False Advertising by real estate agents

By aa - 23 September 2008 46

I recently purchased an apartment off the plans. According to the real-estate agent, I was getting a 3 bedroom apartment that’s 138m2.

I moved in a few weeks ago and was a bit suspicious about the size of the place, so I measured it up and it was roughly 128m2 and not 138. I got an architect in to measure it, and I was right.

Now the plans I purchased it off stated it was 138m, and I measured every room and the measurements were off by 20cm in each room. After speaking to my lawyer, he stated they can be 10% off and I can’t do a thing about it. I sat back and calculated that if every apartment in was 20cm off in each room, they managed to slip in an extra 6 apartments into my complex.

I also calculated that the apartment cost me $400,000, so that’s roughly $2,898.55/metre at 138, considering I only got 128m, I should only pay $371,014.49.

Does anyone know of anything I can do about thing? It’s $30,000. Shouldn’t the real-estate agent be done for false advertising? I know if woolie were selling there stuff 10% lighter than they state, they’d be in all sorts of trouble!!!!

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False Advertising by real estate agents
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Oh, and my experience with units (and I currently own several) is that balconies and car spaces do not get included in the total living area calculation.

I like notdingers theory the best. Having internal walls 20cm thick means you lose a square metre of living space for every 5 metres of wall. Having 50 metres of internal wall in a large unit seems pretty reasonable to me.

Either way, you get to quote 138sqm when selling or refinancing the property, so if you like your home, then who really cares?

Aurelius 11:27 am 26 Sep 08

Milk prices are outrageous, eh?

Roma 10:40 am 26 Sep 08

Some of you guys are tards. I am a large developer – the system regarding UTP strata units is simple: Whatever the contract refers to as the TFA is the required TFA. No ‘10% allowances for variation’. Stick to whinging about the price of milk/poor customer service in an average restaurant.

A large developer with a small……..?

Look, you are clearly have anger management issues if you feel that its appropriate to tell people to a) keep their “uninformed opinions” to themselves, and b) “Stick to whinging about the price of milk/poor customer service” when they were merely offering harmless suggestions that were INVITED AND ENCOURAGED BY THE ORIGINAL POSTER.
You may have property development experience, but you clearly have ZERO people skills. Yikes!

johnboy 11:19 am 25 Sep 08

And Tyler makes his way into moderation.

Aurelius 10:55 am 25 Sep 08

Tylers, as subtle as always 🙂

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