Accredited agencies must comply with standards
At the heart of Real Estate Institute of Queensland (REIQ) accreditation is the REIQ Standards of Business Practice and Continuing Professional Development (CPD) training, which provides the industry with education and support to uphold these Standards. In 2005, the REIQ introduced its CPD training which mandated that all licensees-in-charge and responsible officers of accredited agencies undertake annual training to remain accredited, and to ensure the highest standards of business practice. New agencies are required to undertake core training about the REIQ’s Standards of Business Practice before accreditation is granted.
The REIQ Standards of Business Practice are in addition to the statutory Codes of Conduct contained in the Property Agents and Motor Dealers Act. The REIQ has undertaken through its arbitration and tribunal practices to accept consumer complaints about any accredited member agency who does not uphold the REIQ Standards of Business Practice. This process provides consumers a greater level of confidence dealing with REIQ accredited agencies in the knowledge that there is recourse for action.
By choosing an accredited agency, consumers can be satisfied that the agency is at the forefront of the legislative and best practice requirements of the real estate industry. The REIQ accredited agency logo is a visual safeguard to help consumers make informed and confident choices.
Australian Resort Management Sales has recently been recognized as a fully Accredited Agency by the Real Estate Institute of Queensland.