REIQ CEO faces the people

REIQ CEO faces the people

09 October 2014 by Michael Crawford 1 comments

Incoming REIQ chief executive Antonia Mercorella has vowed to re-educate Queensland estate agents on incoming legislative changes statewide – in a tour bus if she has to.

Ms Mercorella said the Queensland real estate industry is currently in the throes of change in relation to amendments to existing property laws due to become legislation early next year.

One major change is splitting estate agents from the legislation that covers estate agents – the Property Agents and Motor Dealers Act – which also includes debt collectors and motor dealers.

Ms Mercorella said industry-specific legislation is an objective her members have been striving for; the government has recognised the flaws under the existing act, which is why she has driven a "substantial review" of the legislation.

“We have a few runs on the board already in regards to amending the legislation and very successfully negotiating a majority of outcomes, and will continue along that path… we have been arguing for our own industry-specific legislation and amending the act is the first critical outcome,” Ms Mercorella said.  

“Unfortunately it has been the case for many years where the previous legislation rolled different professions into one. Now we have new, standalone legislation and are just now negotiating the commencement date, and we expect it to commence early next year.“

Ms Mercorella said she had planned to do a travelling roadshow across the state, educating real estate agents on the changes personally.

She said agents need to understand the paperwork and what to do to be compliant, which is why she is keen to deliver personal training face to face.

“The idea is, initially, to get face to face, and every corner of the state will be covered – it is one of the most important milestones,” Ms Mercorella said.

“I will probably end up doing a few recorded training videos but ideally I would like to take questions from the floor.”

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
REVEALED: The 10 best agents in Australia for 2017

For the first time ever, the top 10 agents in the REB Top 100 Agents ranking are revealed in this exclusive podcast. ...

View all podcasts

Are dodgy agents being punished enough?

Yes (8.6%)
No (55%)
Only in some states (2.3%)
Not all dodgy agents are being found out (34.1%)

Total votes: 220
The voting for this poll has ended on: April 15, 2017
Do you have an industry update?