REIQ to educate agents on new industry laws

REIQ to educate agents on new industry laws

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The Real Estate Institute of Queensland (REIQ) is set to launch a state-wide roadshow for agents, covering new laws which come into effect in late 2014.

REIQ acting CEO Antonia Mercorella said the roadshow would visit Brisbane and then continue on to major regional centres from August to October.

Ms Mercorella said the training sessions would provide a detailed overview of the new laws contained in the Property Occupations Act 2014 and the accompanying regulations, and were aimed at anybody involved in Queensland’s real estate industry.

“The sessions will include a number of scenario-based exercises to allow participants the opportunity to apply the training in a ‘real world’ context,” Ms Mercorella said.

“There will also be a focus on new appointment requirements and forms, giving agents the skills they need to protect their commissions.”

Ms Mercorella said the split of the Property Agents and Motor Dealers Act 2000 was one of the most significant legislative reforms to impact the real estate industry in Queensland. 

“After years of lobbying and pushing for much needed legislative change, the REIQ is thrilled the new real estate laws will be commencing later this year,” she said.

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