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Summit commits to professionalism

4 September 2017

A stellar line-up of the industry’s most influential and respected agents spoke about the Pathway to Professionalism at REINSW’s Future Agent Summit at the Sydney Mint on Friday 1 September.

REINSW, in association with the Real Estate Institute of Australia, is working with some of the industry’s leading agents to create a new nationally recognised Professional Standards Scheme that will change real estate practice forever. Find out more here.

Speakers at the Summit included Alexander Phillips, Caroline Bolderston, John McGrath and Shannan Whitney.  A panel of Andrew Lutze, Jesse Davidson, Leanne Pilkington, Lynette Malcolm, Suzie Reid and William Phillips also participated. 

REINSW President John Cunningham said: “There is only one path real estate can take, the path to professionalism, and we can start that process today. We don’t have to wait for the scheme to be approved. The biggest hurdle is complacency because for too long the industry has ignored the changes. 

“We need to reinvent ourselves collectively and go on the offensive to deliver to the consumer the service expectations they deserve and desire. Then we can create a real difference between being an agent and being a true property professional.

“It starts with education, knowledge, application, and know how, and progresses to ethics, integrity, respect and sustainable success.

“It is about creating a recognised skilled professional who is guided by a set of ethics, operates with integrity, is respected and shows respect, and is successful both by design and desire.”

How do we get there?

The journey for real estate to become a profession should be finalised by the end of 2019. The next stage in the process is extensive consultation with the industry and community throughout 2018. 

A Property Professionals Advisory Group made up of some key industry individuals has been set-up to determine the framework that needs to be put in place to achieve the ultimate goal.

The group has been tasked with examining and considering the five critical elements defined by the Professional Standards Authority as being necessary for the industry to qualify as a profession: ethics, education, experience, examination and entity.

Find out more about the group here.

Watch this space for articles and videos on what the speakers from the Future Agent Summit had to say.