The Real Estate Institute of New South Wales (REINSW) continues to campaign for the appointment of a commissioner dedicated to the real estate services industry. This time, the association is joined by other group leaders of the industry.
REINSW first stated that it was necessary to remove real estate services from NSW Fair Trading almost a month ago, after the national elections. Today, he enjoys the support of state real estate leaders including Dan White of Ray White, Tony Brasier of PRDnationwide Real Estate, Stephen Ellis of Knight Frank Australia and Angus Raine of Raine & Horne.
Dan White, chief executive of Ray White, supports the initiative, noting that the appointment of a commissioner of real estate services at NSW was long overdue.
"Property is the most important financial transaction that most Australians will ever undertake and carries an inherent risk. With more extensive legislation than any other relatively simple industry currently regulated by the NSW Fair Trading, consumers need and deserve to be represented in a strong and consistent manner by a specialized department able to protect and support them. Industry, "White said.
Tony Brasier, President and CEO of PRDnationwide Real Estate, pointed to the substantial contribution of the real estate industry to NSW's economy.
"As the structure and responsibilities within the OFT [The Office of Fair Trading] are extremely broad, the real estate sector needs a targeted resource capable of dealing with the many problems that affect the sector and the consumers ", did he declare.
Meanwhile, Stephen Ellis, CEO of Knight Frank Australia, worries about the real estate players. "Given the importance of real estate transactions for consumers, an experienced commissioner would ensure compliance with professional standards, while supporting the desire to increase education and customer satisfaction in the future. whole sector, "said Ellis.
Do you have more than $ 200,000 in your super fund? You Can Use Your Super To Buy A Property – Find Out How
Top suburbs:
Rockville
,
Geelong West
,
St. Peters
,
Keperra
,
Bligh Park
Get help for your real estate investment
Do you need help in finding the right loan for your investment?
When you invest in real estate, it is important to make sure that you do not only have the lowest available rate that you can get, but you also have the features of ready adapted to your needs.
Just fill in a few details below and then we will arrange for a local Australian mortgage broker to contact you and sort out the problem What features or what types of loans are suited to your needs? We will even help with the paperwork. In addition, an appointment is free.
We value your privacy and treat all your information seriously – you can check
our privacy policy here
