Consumer Council of Fiji and the Real Estate Agents Licensing Board (REALB) have further strengthened their partnership to safeguard consumer interests and elevate the real estate industry standards.
The two organisations have signed a Memorandum of Understanding (MoU) to signify a collaborative effort to address consumer and real estate agent issues, while fostering transparency and professionalism within the real estate market.
The key provisions of the MoU encompass shared awareness responsibilities, where the two organisations will conduct joint consumer advocacy and awareness campaigns on consumer welfare and rights, as well as address challenges faced by real estate agents.
The collaboration extends to technical support, with both organisations providing expertise and guidance to each other on matters relevant to the industry’s framework.
This collective approach strengthens their ability to enforce regulations effectively, ensuring optimal outcomes for consumers and real estate professionals alike.
This comes in light of the Councils ongoing awareness and advocacy on issues surrounding
Consumer Council chief executive, Seema Shandil said by working together, they will better address consumer concerns, establish a fair marketplace, and empower consumers to make informed decisions.
Recognizing the significance of continuous learning and improvement, REALB has warmly welcomed this opportunity for collaboration to foster professional development and maintain a consumer-friendly Real Estate sector.
REALB’s registrar, Peni Komainavoka said in an industry that is continuously evolving, collaboration becomes the cornerstone of progress and this partnership will allow them to combine their strengths, expertise and capabilities in their shared vision, for building a robust real estate sector that is responsible and ethical in all its dealings with the public.