New underquoting requirements are anticipated to begin in November 2026. These will alter how you estimate and advertise residential property prices in NSW, update campaigns, and document pricing decisions. The requirements will apply to agency agreements for the sale of residential property entered into after the start date. They will also affect existing agreements and campaigns if a change is mandated under the new laws after the start date. Join Apbr - All Property Buy

Continuing Professional Development (CPD) is a crucial part of maintaining your real estate licence in New South Wales. Recent CPD changes require agents to complete hours face-to-face or via interactive webinars, not online.

The Minns Labor Government plans to revamp the state's underquoting regulations, initiating consultations on proposed reforms to enhance professional standards in the real estate industry, increase transparency in property listings, and bolster buyer confidence. The proposed changes aim to address misleading price estimates in property listings, known as underquoting, which cause buyers to waste time and money on homes beyond their reach.