There are more than 50,000 real estate professionals and agency services staff across NSW. The Industry serves the interests of over two million people with their property transactions annually. No other Industry can match the social and economic importance of the property industry.
Change is long overdue
For the past 10 years, REINSW has relentlessly lobbied Government to remove our Industry from NSW Fair Trading and establish a dedicated Property Services Commissioner instead.
Today we’re excited to let you know that a Bill to establish a dedicated and Industry-experienced “Commissioner for Property Services” has passed the Upper House of Parliament, Property Services Council Bill 2021. If it can pass the Lower House on 10 June 2021, we say goodbye to NSW Fair Trading.
Unfortunately, the NSW Government has said that it will block the Bill in the Lower House but won't say why!
“What we do know is that when Industry wants to improve itself, Government should assist not resist!” - Tim McKibbin, REINSW CEO
NSW Fair Trading’s lack of industry knowledge adds to the cost of property transactions and fails to protect consumers and support Industry. A Property Services Commissioner, with industry knowledge and experience - who will work cooperatively and constructively with industry - will help all of us, most importantly, the Consumer.
We need to get this message into the hands of local members of State Parliament without delay. We’ve made it quick and easy for you – just click on the link below and then click on the Contact your Politician tab, fill out your postcode and hit send - an email will then be sent on your behalf.
CLICK HERE TO E-MAIL YOUR LOCAL POLITICIAN TODAY.
- Improved consumer protection
- Improved consumer service outcomes
- Reduced barriers to entry for first home buyers
- Housing affordability
- Fair representation for investors, landlords and tenants alike.
We urge you to forward and share this article and link with your colleagues and industry acquaintances. This is our one chance to deal with the problem, not the symptoms of the problem. We must not squander this opportunity.
Success is within our reach – to win we need to be loud, proud and persistent!