Buyer's claim against agents who advertised garage as bedroom dismissed

stuff.co.nz · world
✨ AI Summary

A buyer who complained that real estate agents advertised a garage as a bedroom has lost his case. The man, from New Zealand's Bay of Plenty, took the dispute to a tribunal after purchasing the property. The tribunal found he suffered no financial loss, since the $440,000 he paid was below the market value of a genuine two-bedroom home in the area. Without a demonstrable loss, his claim against the agents could not stand.

The tribunal found the Bay of Plenty buyer suffered no financial loss because he bought the property for $440,000, below its two-bedroom market value.

Read full article →