The newly set up Estate Agents Section within the Malta Developers Association has called for the conclusion of the White Paper on the regulation of estate agencies, which has been shelved for over two years.

The new MDA section, which brings together some of the most prominent and established estate agency brands, including Frank Salt, Remax Alliance, QuickLets, Island Properties, Belair, Dhalia Real Estate, Ben Estates, 77 Great Estates, Elite Real Estate, North Key, Chestertons and SQL, along with many other individual agents, has taken the initiative to start training its property consultants to give a professional service to its customers, both vendors and buyers.

“The MDA’s Estate Agents Section is no longer a member of any other association and the section wishes to advise that it is now the de facto representative of the industry on the various government agencies and entities, in the interests of the profession, the public and agencies at large,” Douglas Salt, who is heading the EAS, said.

“The current real estate market demands a high level of professionalism that in turn benefits the local economy. Therefore, above all else, this new section is working to deliver a high level of information to all types of property consultants to ensure an excellent standard of service to the public. I encourage everyone else, who has not yet joined the EAS, to follow suit,” Mr Salt concluded.

The White Paper, launched in January 2016, proposed that no person should be able to carry out real estate agency work unless licensed.

Read: Estate agents to be regulated by new authority - licence will be needed

Not all the aspects of the White Paper were welcomed. Architects had been appalled at the idea that valuations might be done by real estate agents.

Read: Architects concerned at White Paper on real estate agents

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