The Real Estate Agents Authority is currently reviewing the Professional Conduct and Client Care Practice Rules. These rules set out the main requirements that licensees have to follow in their dealings with clients and customers.
The consultation period has now closed. We received 25 submissions are are now reviewing these.
At this early stage submissions appear to be focused on practical amendments and suggestions on how the Code of Conduct can better accommodate business practice outside of the residential market while retaining its consumer protections.
We expect to have a new Code in place by June 2012, once it has been approved by the Minister.
We will keep you updated here on the review process.
