News

No qualification required to become a Real Estate Agent

August 18, 2019 4:07 pm

There is no requirement for qualification to become a Real Estate Agent and this is a major issue faced by the Real Estate Agents Licensing Board.

REALB’s Chair, Abdul Hassan says a salesperson who has three years of experience and has been working under an agent can become a Real Estate Agent.

He adds some Real Estate Agents are not even following the law.

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“The main problem that we are facing is that agents lack education. As you know if you do not have proper education then you don’t realize the consequences of breaking the rules.”

Hassan says they’re going to introduce exams for the key players that are involved in real estate which is the agents, salesperson and branch managers.

He says upon completion of the exams they’ll be in a better position to understand the law.