Monday 15 July 2013

New national rules ‘dumb down’ real estate says REIA

A new national licence regime for real estate agents will lower educational standards and dump professional development, the Real Estate Institute of Australia said.
The real estate industry, and its more than 100,000 licensed participants, is in the first wave of occupations that the Council of Australian Governments aims to establish national licensing for.
The others are plumbers and gasfitters, electricians, and the refrigeration and air-conditioning industries.
At the moment, there are separate state-based qualifications and licences. Under the national scheme these would be merged into five classifications.
The Real Estate Institute of Australia said it supports national licensing but not one that drops the educational standards to the lowest in the country.
President Peter Bushby said the dumbing down of standards was a big risk for consumers.

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