Public to have chance to object to real estate agent applications

 
 
28/07/2014

​From August this year changes are being made to the current licensing system for real estate agents in an effort to improve the application process, reduce costs and protect the interests of home buyers and sellers nationwide.

Under the current system, applicants for a real estate licence have to publish two notices of their intention to apply in approved regional newspapers.

The change will allow the Real Estate Agents Authority (REAA) to publish details of real estate applicants on its website (www.reaa.govt.nz).

Kevin Lampen-Smith, REAA Chief Executive says that this resource will help protect property buyers and sellers and improve standards in the industry.

“Instead of taking out newspaper ads, any person wanting to become a real estate licensee will be required to declare their intention to apply for a real estate licence on the Real Estate Agents Authority’s website.

“This new online resource will provide a transparent and reliable source of information for people wanting to know who in their area is applying to become a real estate agent.

“Our site also lets people know what to do if they believe the applicant is not a suitable person to hold a real estate licence and they want to object to the licence being granted.” says Mr Lampen-Smith.

The Real Estate Agents Authority (REAA) is the independent government regulatory body for the real estate industry in New Zealand. The REAA works to promote a high standard of service and professionalism in the real estate industry and helps protect buyers and sellers.

REAA provides comprehensive accessible information for people who are buying or selling property.

Should a member of the public believe a licensed real estate agent has breached the Real Estate Agents Act 2008 or the industries code of conduct, you can contact the REAA on their free phone number 0800 367 7322 or download a complaint form from the REAA website.

ENDS
 

Who can become a real estate agent? (Real Estate Agents Act 2008)

  •   Over 18 years old
  •   A fit and proper person
  • Prescribed qualifications
  • If not prohibited from being licensed for any of the reasons set out in section 37 of the Real Estate Agents Act 2008

If you believe a real estate license applicant does not currently comply with these requirements, you can register your objection with the REAA.  Information on how to do this is available from www.reaa.govt.nz or email licensing@reaa.govt.nz 

About the Real Estate Agents Authority

The Real Estate Agents Authority (REAA) is the independent government regulatory body for the real estate industry in New Zealand.

Our job is to promote a high standard of service and professionalism in the real estate industry and help protect buyers and sellers.

We provide information for buyers and sellers, provide advice and guidance for agents and deal with complaints about agents' behaviour.

The REAA is a Crown entity, established under the Real Estate Agents Act 2008.

What we do

We deal with complaints about the behaviour of real estate agents.

We provide comprehensive accessible information for people who are buying or selling property.

We license people and companies working in the real estate industry and maintain a Code of Professional Conduct and Client Care setting out the professional standards they must follow.

We maintain a public register of real estate agents which includes information about any upheld complaints.

Download this media release (.pdf 132KB)

Contact

Dan Ormond
027 251 9849