All agents have a legal contractual obligation to their clients, the property vendors. They have a duty of care also to potential purchasers. This encompasses obligations not wilfully to give false or misleading information. The IPAV does not support the lowest of price guidelines within 10% or any percentage point as we believe it is an unworkable notion which leads only to confusion and disappointment for the house-hunter. If asked, members will try to be as helpful as possible in giving an estimate of the price region. However, this is often impossible when the property is to be auctioned. We live in a free market economy where the best offer secures the property.