Owner loses challenge after land valued at $930,000 sold for $398,000
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A Tribunal ruled that real estate agents acted professionally during the sale of a land block in Wairarapa. The 5ha property sold for $398,000. This followed a challenge by the owner. The property had been valued at $930,000.
The Tribunal found no evidence real estate agents acted unprofessionally when a 5ha Wairarapa block sold for $398,000.