Tuesday, November 3, 2009

Wow Is for Worries! Real estate agents Act 2008

Wow!

How would you like to be working under a new Act of Parliament where part of the act says:

" A charge of misconduct or unsatisfactory conduct may be brought and dealt with despite the charge not being based on a breach of any specific rule"

Buyers, sellers, agents' competitors, and their own colleagues are not just encouraged to file a complaint, but LEGALLY OBLIGED to do so ...if they have "reasonable grounds" for believing unsatisfactory conduct has occurred. Life could be busy for the tribunal....hmmmm...... reasonable grounds....

I suspect Ill be saying more on this Act, which comes into effect in 2 weeks.

Lots of excitement and heartache to come from this ill thought piece of law.... you heard it first here!

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