REINSW President John Cunningham explained: “Over the last 10 years people have chosen to do the quickest, easiest and cheapest training . This has resulted in a generation of consumers who are saying this isn’t good enough.
“We need agents who are high level trusted professional advisors with a high degree of expertise and experience. The industry needs to disrupt itself for the better and this is where the improved training will help, by lifting standards.”
REINSW CEO Tim McKibbin said: “The cornerstone of this reform will be to improve the education standards in real estate. Expressed as a percentage it is expected to be a 300-400% increase in what we have now.
“It will mean the real estate industry is going to get new agents who require a lot more education before they start, and must commit to ongoing training to go all the way through to get the Certificate IV.”
As a separate initiative, REINSW is working with REIA to move the industry towards becoming a legally-recognised profession.
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