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In WA, what is the role of the Real Estate and Business Agents Supervisory Board?

Correct Answer

B) It oversees the licensing and conduct of real estate agents, investigates complaints, and can initiate disciplinary proceedings

The Real Estate and Business Agents Supervisory Board, operating under the DMIRS Consumer Protection framework, oversees the licensing of agents and sales representatives, investigates complaints, monitors compliance with the Act and Code of Conduct, and can initiate disciplinary proceedings before the State Administrative Tribunal.

Answer Options
A
It sets property prices in the WA market
B
It oversees the licensing and conduct of real estate agents, investigates complaints, and can initiate disciplinary proceedings
C
It provides free legal advice to property buyers
D
It manages all property transactions in WA

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Related Topics & Key Terms

Key Terms:

Supervisory Boardlicensingdisciplinary proceedings
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