WEDNESDAY, MAY 6, 1992
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WAYS TO REGULATE ESTATE AGENTS
* * *
BEYOND
SELF-REGULATION AND AGENTS'
THE GOVERNMENT WILL BE LOOKING EXAMINING THE FORM OF POSSIBLE REGULATORY CONTROLS OF ESTATE OPERATIONS.
ENVIRONMENT AND THIS WAS STATED BY THE SECRETARY FOR PLANNING, LANDS, MR TONY EASON, WHEN WINDING UP AN ADJOURNMENT DEBATE ON "PUBLIC CONCERN OVER THE PROFESSIONAL QUALIFICATIONS AND ETHICAL STANDARDS OF ESTATE AGENTS AND PROPERTY MANAGERS" IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
WITH TWO ESTATE MR EASON SAID UNDERSTANDING HAD BEEN REACHED
OF SOME FORM OF REGULATION AGENT ASSOCIATIONS THAT THE INTRODUCTION OF ESTATE AGENTS THROUGH LICENSING SHOULD BE PURSUED.
PROFESSIONAL AND SUFFICIENT NECESSARY TRAINING
THIS REQUIRES A BETTER DEFINITION OF THE LEVEL OF COMPETENCE AND PROVISION OF AN ADEQUATE OPPORTUNITY TIME FOR PRACTISING ESTATE AGENTS TO RECEIVE THE AND TO ACHIEVE THE REQUIRED STANDARD.
**
WORKED OUT,
HONG KONG
ANY REGULATORY SYSTEM WILL NEED TO BE CAREFULLY HE SAID, ADDING THAT SIMPLY GRAFTING A FOREIGN SYSTEM ONTO WOULD PROBABLY NOT BE THE SOLUTION.
SAID
BEFORE A
SITUATION, MR EASON FULLY-FLEDGED
TAKING ACCOUNT OF HONG KONG'S PARTICULAR
HAD SOME
TO BE QUESTIONS REGULATORY SYSTEM COULD BE DEVISED.
ADDRESSED
BE ATTAINED ESTATE
AN AS
INTERMEDIARY ONE PARTY'S INTERESTS,
SYSTEM;
POSSIBLE
THESE INCLUDED SETTING THE REQUIRED STANDARDS TO BEFORE A PERSON CAN PRACTISE AS AN ESTATE AGENT OR OPERATE AN
AN ESTATE AGENT SHOULD OPERATE AGENCY: WHETHER
SELLER AND BUYER OR REPRESENT ONLY BETWEEN LIKELY EFFECTS ON
CHARGING ENFORCEMENT MECHANISMS.
THE COMMISSION
AND
REQUIRED FOR SUCH
"IF LEGISLATION IS PROPOSED, RESOURCES WILL BE ADMINISTRATION AND ENFORCEMENT. AS WE ARE ALL AWARE, ANY BID FOR RESOURCES WILL HAVE TO COMPETE WITH OTHERS FOR PRIORITY,'
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HE SAID.
MR EASON SAID SOME HEADWAYS HAD ALREADY BEEN MADE IN ABOUT THE SELF-REGULATION OF ESTATE AGENTS.
"THE
ARE PLANNING
NEWLY-FORMED ASSOCIATIONS TWO AIMED AT PROMOTING PROFESSIONAL ISM AMONG THEIR MEMBERS AND PUBLIC AWARENESS OF THEIR SERVICES.
CODE
BRINGING
ACTIVITIES INCREASING
A
"EFFORTS ARE ALSO BEING DIRECTED AT, FOR EXAMPLE, DRAWING UP
CO-OPERATION WITH OF PRACTICE, ORGANISING TRAINING COURSES IN EDUCATIONAL INSTITUTIONS AND SETTING UP A PUBLIC COMPLAINTS PROCEDURE. THESE DEVELOPMENTS ARE ALL IN THE RIGHT DIRECTION, HE SAID.
I
WITH EFFORTS PARTIES IN
"THE ADMINISTRATION WILL THEREFORE PURSUE ITS DISCUSSIONS REPRESENTATIVES OF THE TRADE, MONITOR THE PROGRESS OF THEIR AND LISTEN TO THEIR VIEWS AND THOSE OF OTHER INTERESTED SEEKING THE WAY FORWARD,' HE ADDED).
"
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