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Vic agency accused of underquoting homes

A real estate agency misled and deceived potential homebuyers by underquoting properties, Victoria's consumer watchdog alleges.

Consumer Affairs Victoria has begun proceedings in the Federal Court against Hoskins Maroondah branch and its director Brent Robert Peters for underquoting 26 properties in suburbs including Croydon, Ringwood, Warranwood and Wonga Park between 2015 and 2016.

It is further alleged the agency misled two vendors by telling them their properties would sell for lower prices in order to claim higher commissions when the properties sold for more.