News & Media

November 07, 2016

NSW government releases reform paper to improve real estate standards

Courtesy of The Real Estate Conversation

In a move broadly accepted by the industry, the NSW government has released the Real Estate and Property Services Industry Reform Paper.

The NSW Government has released its Real Estate and Property Services Industry Reform Paper, with the aim of improving industry standards and protecting consumers.

The key recommendations in the paper are improving training standards, increasing transparency, and strengthening trust account processes.

The proposed reforms include increasing the number of training units required to gain a certificate of registration...