Aug 9, 2026 – 12.41pmNew rules forcing vendors to publish reserve prices will cut the number of buyers competing for homes in Victoria, the country’s largest auction market, real estate agents say.The planned requirement for sellers to publicly state their reserve – the price they are willing to accept for a home – seven days before an auction takes place would disadvantage vendors in a falling market, Real Estate Institute of Victoria chief executive Toby Balazs said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Reserve disclosure rules will hit weak market: real estate agents
At a time of already weak prices and low confidence, the bid to boost transparency around prices could further cut buyer activity, industry figures warn.
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