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Research highlights attitudes ...

Research highlights attitudes to new licensing proposals

The majority of the public is in favour of the introduction of estate agent licensing.

A poll carried out by UMR Research on behalf of the Real Estate Institute of Australia (REIA) has highlighted the public's attitude to the proposed introduction of licensing for estate agents across the country.

According to the findings, 48 per cent of respondents wished to see the introduction of a diploma system to safeguard standards, while 36 per cent were happy for estate agents to have a certification that they the required training and abilities to function responsibly within the profession.

REIA president Pamela Bennett noted in response to the research that the proposed new licensing system will be of great benefit not only to those working in the sector, but also to the public in terms of delivering a higher standard of care.

She said: "We want high standards for the profession including diploma level qualifications, compulsory professional development and the licensing of commercial property transactions so as to provide consumers with protection throughout all their property transactions."

Posted by Steve Douglas

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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