Real estate agents urged to make submissions
REGISTERED real estate agents are urged to make submissions on proposed amendments to their current legislation.
According to a statement from the Real Estate Agents Licensing Board (REALB), they are seeking submissions and are in the process of reviewing the Real Estate Agents Act 2006.
The board stated agents were to make their submissions to the REALB before the public consultations started.
Board chairman Dr Abdul Hassan said it was important for agents to come forward and make their submissions.
“There are some agents who are not happy with the current provisions in the Act.
“This is an opportunity for them to come forward and give their views and opinions to consider,” he said.
“Generally speaking, real estate agents are in the forefront to deal with clients under this Act.”
This was why the board is expecting a fair contribution from them to revise this Act as it was enacted more than 13 years ago as there has been considerable economic and social changes in the country.
“These changes would facilitate the work of the board as well as the real estate agents.
“We have already sent emails to all the registered agents and made phone calls to those agents who could not be reached through emails for their response,” he said.
“I am confident that the agents would take out time and make their submissions through emails or deliver a copy of the submission to our office before the due date.”
He added the registered agents would have ample time to make their submissions which closes on October 14, 2019. After all the submissions have been made, the board will consider this before the changes in the Act are undertaken.
“The changes in the Act would follow the normal process before the amendments are completed,” he said.