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STATEMENT OF INFORMATION Section 47AF of the Estate Agents Act 198033 WATERFORD AVENUE, PORTLAND, VIC211Indicative Selling Price For the meaning of this price see consumer.vic.au/underquotingPrice
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Indicative selling refers to the practice of making offers or indications regarding the sale of goods or services, often used in financial and market contexts to gauge interest or set pricing expectations.
Typically, businesses, exchanges, or financial institutions that engage in indicative selling practices must file relevant reports as required by regulatory authorities.
To fill out indicative selling, one needs to provide detailed information including the items or services offered, pricing, and terms of sale, often using specific forms or templates provided by regulatory agencies.
The purpose of indicative selling is to inform potential buyers about the availability and pricing of products or services and to stimulate market interest.
Information that must be reported includes the type of goods or services, pricing details, quantities available, and other pertinent terms related to the sale.
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