Peter Mericka is preaching double standards. Lawyers for years have been securing their fees by using caveats. Family law is a classic example. The instance why some agents are using a caveat is to secure their commission in the event a deposit is not held by the agent. It's not about the amount they charge, rather getting paid at all.

On another matter Peter Mericka is currently up on charges from Consumer Affairs. If found guilty he and Lawyers Real Estate in Melbourne would have fleeced nearly $1,000,000 in fees he wouldn’t be entitled to. Time will tell with the alleged criminal charges. See the link below.

http://www.theage.com.au/business/property/lawyer-sued-over-flatfee-housesale-work-20100921-15lhg.html