13 Oct 2010

REI unhappy at increase in levy

8:03 pm on 13 October 2010

The Real Estate Institute says a 50% increase in the levy to fund the Real Estate Agents Authority is neither fair or reasonable.

The regulatory body is proposing to increase its levies from $495 to $760 a year.

The levy funds the complaints process and provision of information to consumers and companies working in the real estate industry.