The Department of Justice and Community Safety is making new regulations to replace the Estate Agents (Education) Interim Regulations 2019 (the Interim Regulations). The Interim Regulations came into effect on 23 October 2019 and are due to expire on 22 October 2020.
The Estate Agents (Education) Regulations 2020 (the proposed Regulations) will prescribe the courses of education for:
- the licensing of estate agents
- eligibility to be employed as an agent’s representative.
They also provide for certain exemptions from prescribed requirements.
The proposed education requirements reflect significant changes to standards of competency for estate agents and agents’ representatives. These requirements draw on a new training package for the real estate industry that was developed following a national review. A copy of the new training package is now available.
A regulatory impact statement (RIS) has been prepared which examines the impact of the proposed Regulations and any relevant alternatives.
The RIS and proposed Regulations are now available for public consultation.
We are seeking feedback on the RIS and the proposed Regulations.
Submissions are now open until 5pm on 9 September 2020.
To view the RIS and proposed Regulations, make a submission, or ask a question about the consultation, visit Engage Victoria.