UP-RERA Enforces Agent Training for Real Estate Professionals
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) has introduced a mandatory three-day agent training program for real estate agents, addressing the need for enhanced skills, discipline, and a sense of responsibility among agents. This initiative aims to improve the professionalism and ethical conduct of agents, ensuring better service for homebuyers.
Key Points of the Training Initiative
- Mandatory Training: All real estate agents, whether already registered or seeking new registration, must complete this agent training. Failure to do so within a year could result in the cancellation of their registration.
- Online Enrollment: Agents from Lucknow, Gautambudh Nagar, Kanpur, Gorakhpur, Varanasi, Prayagraj, and Moradabad must register online through the UP-RERA website.
- Collaborative Effort: UP-RERA has collaborated with esteemed training institutes to facilitate the training programs. Successful candidates will receive certificates signed by the UP-RERA secretary.
Objectives of the Training
- Enhancing Professionalism: The agent training aims to equip agents with sufficient knowledge of their work, the RERA Act, RERA Rules, and other relevant laws and regulations.
- Improving Ethics: Agents will be trained to inculcate proper work ethics, reducing instances of misleading information and false promises that often cause consumer grievances.
- Monitoring and Compliance: UP-RERA will rigorously oversee agents’ conduct to ensure adherence to ethical standards and professional behavior.
Statements from UP-RERA
Sanjay Bhoosreddy, Chairman of UP-RERA, highlighted the significance of this initiative, stating, “We have encountered cases where homebuyers have been adversely affected by agents’ lack of business ethics and professionalism. A well-designed short-term training and orientation course can effectively enhance their skills, benefiting agents, allottees, and promoters alike.”
Benefits of the Training
- Consumer Protection: Ensuring that agents provide accurate information and fulfill their duties efficiently, thereby protecting consumers from false promises and unethical practices.
- Market Integrity: Preventing individuals with tainted backgrounds from entering the real estate sector, thus maintaining market integrity and enhancing investor confidence.
- Skill Development: Enhancing real estate agents’ abilities to keep pace with the evolving demands of the market.
This agent training by UP-RERA is a significant step towards professionalizing the real estate sector in Uttar Pradesh, ensuring that agents are well-equipped to serve homebuyers with integrity and competence.
Read more: UP-RERA Updates on Late Fees and Quarterly Project Reports
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