Which body is primarily responsible for regulating real estate agents and salespersons in Queensland?
Correct Answer
B) Office of Fair Trading (OFT), Queensland Government
The Office of Fair Trading (OFT) in Queensland is the statutory regulator responsible for licensing, registration, and compliance of real estate agents and salespersons under the Property Occupations Act 2014.
Why This Is the Correct Answer
The Office of Fair Trading administers the Property Occupations Act 2014 in Queensland. It issues licences and registration certificates, monitors compliance, investigates complaints and brings disciplinary and criminal proceedings against agents and salespersons.
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