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Massive victory for real estate consumers

13 Dec 13

In a red letter day for the South Australian real estate industry, State Ministers across the country today voted against the proposed national licensing scheme for real estate practitioners.

For the last few years, I have fought desperately against this proposal and have taken every opportunity to speak publicly about its dangerous ramifications for the real estate industry, particularly here in South Australia.

In short, the scheme proposed to lower the education and training requirements for real estate practitioners to be licensed in South Australia with a consequential devastating impact upon consumers and the reputation of our industry as a profession worthy of confidence and respect.

You are all aware that new legislation for sales and property management is to commence in the New Year which will afford significant new protections to consumers.  It would have been absurd to have then allowed (and expected) people without the requisite training and education to implement and comply with these new provisions.

The decision today is a triumph for common sense, consumer protection and maintaining the South Australian real estate industry as the most qualified and accountable in the country.

I would like to thank the Premier and the Deputy Premier for their strong and courageous leadership in advocating REISA’s position to the Federal Government and in supporting it today.  In particular, the Deputy Premier has publicly stated on many occasions that he would do everything within his power to ensure that South Australian standards did not fall as a result of the proposed scheme and his spectacular success today is a testament to his vision and determination.

Today’s decision is another stunning acknowledgement of REISA’s preeminence as the voice of the real estate industry in South Australia.  This past year has seen REISA successfully negotiate policy platforms and legislation, consistently sell out professional development and training programs, implement a revolutionary FormsOnline initiative and continue to fight – on your behalf – for the industry of which we are all proud to be a part.

Our membership is crucial for giving us that voice.  We are only as strong as our members.  But as seen today, REISA has never been stronger.

Greg Troughton