Our team inspected 12 real estate agents in the Western Division on Tuesday, February 7, 2023.
The annual inspection is part of REALB’s yearly engagement to monitor agents activities.
The visitation today includes the inspection of the legislated requirements such as real estate activities documentation, sale records, office set up, signages, and the Particulars of Sale Form for the regulated 2 percent commission.
The Compliance and Monitoring officer, Vinal Singh, said they began conducting inspections last week and had covered agents in the Central/Eastern Division.
He urged agents to always ensure that they comply with the legislation in the course of doing business and discuss with the team some of the challenges they faced and other issues pertaining to the real estate industry.
“We aim to spend as much time as possible with our agents when conducting inspections,” Mr Singh said.
The team will be in the West for three days and will return to Suva on Thursday.