Real Estate agents have been reminded of their duty to work within the realms of the law and ensure that their industry is clean of unscrupulous dealers.
While speaking to Real Estate Agents at their National Consultation Workshop in Nadi, Permanent Secretary for Lands and Mineral Resources Malakai Finau stressed that there is a somewhat general mentality that Real Estate agents hike property prices because of commission.
Finau adds that this should motivate them further to prove this general consensus wrong and the only way is to conduct business in a professional way in line with a code of ethics.
He says that a Real Estate Agents primary role is to ensure affordable housing to all Fijians.
Finau says that the one day workshop will also provide an avenue for Real Estate Agents to deliberate on the best possible stance to move the sector forward by improving current practices and standards to comply with stipulated regulations and international best practice.
He also highlighted that the Real Estate industry contributes significantly to the overall economic development of Fiji.
Finau says an average of 1,500 real estate transactions rake in $413 million on an annual basis.
The Permanent Secretary for Lands says that property professionals such as real estate agents, property developers and estate managers all play a pivotal role in developing our housing industry.
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