Real Estate Agents Authority Wins Unlicensed Trading Prosecution

 
 
18/09/2012

Real Estate Agents Authority Wins Unlicensed Trading Prosecution

Gore man Ewen McLeod has been found guilty of unlicensed trading by the Gore District Court.

“Unlicensed trading is a serious offence and a key area of focus for us so we are very pleased with this decision” says Kevin Lampen- Smith, Chief Executive of the Real Estate Agents Authority (REAA).

Mr McLeod was carrying out real estate agency work without a license. He was, on behalf of the owners of a property, dealing with potential buyers in an effort to bring about a sale.

“The intent of the Real Estate Agents Act 2008 is to protect consumers and give them confidence in real estate agency work. The requirement for real estate agents to be licensed means the public are better protected as they are dealing with a real estate agent that must adhere to professional standards and there is an avenue for redress through the REAA’s disciplinary process if things should go wrong” said Mr Lampen-Smith.

“Mr McLeod was breaking the law by carrying out real estate agency work without a licence and his clients would not have had any comeback through the REAA’s complaints process.

The main thing consumers can do to protect themselves when buying or selling real estate is to make sure that they engage a licensed real estate agent. You can check the REAA’s Public Register to see if someone is licensed and if they have had any complaints upheld against them” continued Mr Lampen-Smith.

Mr McLeod will be sentenced in open court at a date to be arranged.

The Real Estate Agents Authority (REAA) is the independent, government regulatory body for the real estate industry in New Zealand. The REAA provides independent oversight of the real estate industry, ensures a high standard of service and professionalism within the industry, and provides increased protection for buyers and sellers of real estate. The REAA is a Crown entity, established under the Real Estate Agents Act 2008.

Download this media release (.pdf 271KB).

Ngaire Vanderhoof
(04) 815 8466