Media Releases

Real Estate and Property Division to lift standards

25 August 2015

The creation of a new real estate division within NSW Fair Trading will help to lift industry standards, according to the Real Estate Institute of New South Wales. 

REINSW President Malcolm Gunning said the Real Estate and Property Division announced earlier this month will provide a better and more professional level of service to the consumer. 

“It is a very strong initiative by the Baird Government and in particular Minister for Innovation and Better Regulation Victor Dominello,” Mr Gunning said. 

“We are impressed by the level of cooperation from Estate Agents Co-Operative (EAC) and Australian Livestock & Property Agents Association (ALPA), as well as the Minister’s Office and Andrew Gavrielatos, Fair Trading Assistant Commissioner, who is the head of the new division. 

“We will be working on practical resolutions to some of the issues plaguing our industry including underquoting, entry levels to the industry, ongoing training and property spruikers.

“Mr Gavrielatos will also hold the responsibility of the establishment of a Real Estate Qualifications Review Committee. 

“It is great to see that Premier Mike Baird is following through on his election promise to engage with the property industry,” Mr Gunning said. 

For further information or to arrange an interview with REINSW President Malcolm Gunning, please contact: Helen Hull – 0419 642 961 or media@reinsw.com.au.