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Real Estate Agents Act 2008

Real Estate Agents Authority - Authority’s functions

12: Authority’s functions

You could also call this:

"The Authority's jobs are to oversee real estate agents and make rules for them to follow."

Illustration for Real Estate Agents Act 2008

The Authority has many jobs to do. You can think of the Authority like a group that helps make sure real estate agents are doing their jobs properly. The Authority's jobs include giving licences to agents, keeping a list of all licensed agents, and making rules for agents to follow. The Authority also sets fees, appoints people to help with complaints, and makes information for consumers about real estate transactions. The Authority can even investigate if someone thinks an agent has done something wrong, and it can take action if needed, as directed by the Minister under section 112 of the Crown Entities Act 2004. The Authority might talk to people in the real estate industry about its work. It's also important to note that the Authority's work does not affect the role of an industry skills board established under section 362 of the Education and Training Act 2020.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1151983.

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"The Authority is part of the government under the Crown Entities Act 2004"

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13: Membership of Authority, or

"Who is on the Real Estate Authority Board"

Part 2Real Estate Agents Authority
Authority’s functions

12Authority’s functions

  1. The functions of the Authority are to—

  2. administer the licensing regime for agents, branch managers, and salespeople, including the granting and renewal of licence applications; and
    1. appoint a Registrar of the register of licensees; and
      1. ensure that the register of licensees is established, kept, and maintained; and
        1. develop practice rules for the Minister’s approval and maintain these rules for licensees, including ethical responsibilities; and
          1. set fees and levies; and
            1. appoint Complaints Assessment Committees and maintain a panel of persons suitable to serve as members of Complaints Assessment Committees; and
              1. develop consumer information on matters relating to real estate transactions, including approved guides on agency agreements and sale and purchase agreements; and
                1. develop and provide consumer information on matters relating to the provision of real estate services, including providing the public with information on how to make a complaint; and
                  1. set professional standards for agents; and
                    1. investigate and initiate proceedings in relation to offences under this Act and any other enactment; and
                      1. investigate of its own motion any act, omission, allegation, practice, or other matter which indicates or appears to indicate unsatisfactory conduct or misconduct on the part of a licensee; and
                        1. provide procedures for the lodging of complaints; and
                          1. receive complaints relating to the conduct of licensees; and
                            1. carry out any other function that the Minister may direct the Authority to perform in accordance with section 112 of the Crown Entities Act 2004; and
                              1. carry out any other functions that may be conferred on the Authority by this Act or any other enactment.

                                1. The Authority may, where it considers it appropriate to do so, consult with representatives of the real estate industry about any matter that relates to the functions of the Authority.

                                2. To avoid doubt, nothing in subsection (1) affects the role of an industry skills board established under section 362 of the Education and Training Act 2020 for the real estate industry.

                                Notes
                                • Section 12(3): replaced, on , by section 78(1) of the Education (Vocational Education and Training Reform) Amendment Act 2020 (2020 No 1).
                                • Section 12(3): amended, on , by section 51 of the Education and Training (Vocational Education and Training System) Amendment Act 2025 (2025 No 56).
                                • Section 12(3): amended, on , by section 51 of the Education and Training (Vocational Education and Training System) Amendment Act 2025 (2025 No 56).