CPPDSM4080A Work in the real estate industry
Short Answer Questions
Q2.
Rules of Conduct – In Australia, Victoria
In your own terms, describe the meaning of the following Rules of Conduct, and
outline how it impacts upon the day to day work of the agent or agency:
a) Estate Agents (Professional Conduct) Regulations 2008 – SECT 19
Fairness and honesty of agent’s representative
19. Fairness and honesty of agent’s representative
An agent’s representative must at all times act fairly and honestly and to the
best of his or her knowledge and ability in the performance of his or her
functions as an agent’s representative.
b) Estate Agents (Professional Conduct) Regulations 2008 – SECT 24
Communication of offers by agent’s representative
24. Communication of offers by agent’s representative
Unless otherwise instructed in writing by his or her principal, an agent’s
representative must communicate to the principal all offers to purchase, sell
or lease real estate or a business, made to the agent’s representative,
whether those offers were made verbally or in writing, as soon as possible
after the offer has been made.
c) Estate Agents (Professional Conduct) Regulations 2008 – SECT 22
Agent’s representative not to induce breach of contract
22. Agent’s representative not to induce breach of contract
An agent’s representative must not knowingly induce or attempt to induce a
person to breach a contract of sale, letting or agency or a contract of any
other kind relating to the estate agency practice.
Note: The Rules of Conduct can be found in the notes for this unit or in the Estate Agents (ProfessionalConduct)
Regulations 2008 which can be accessed at the following website: Click here
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