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CompCheck™ - HOW IT ALL WORKS

THINK REAL ESTATE's compliance review officer comes to your office to check out various sectors of your real estate business to see if it complies with the current Acts and Regulations. At the conclusion of this, we then confidentially meet with you (and other senior people, if you wish) to walk you through the findings and discuss recommendations. From experience, many of the serious problems can be fixed on the spot. This step can be a one-off day if you so choose. Within 4 business days, you will receive a summary of our findings.

However, if there is more to do, we don't walk out the door and leave you to do the hard part. We can come back and sit down with your office support person and immediately show them how to implement the compulsory supervision procedures and checklists as enforced by the Commissioner for the Office of Fair Trading.

Also - if you wish, we can do follow-up coaching tailored to rectify problem areas uncovered during the compliance check. This can be a short, sharp session over an hour or so delivered to both your agents and support-staff for their compulsory day-to-day duties, such as filling out sales or property management Agency Agreements correctly (this is where we uncover simple mistakes that can deem an agency agreement as invalid, leading to the possibility of forfeiting hard-earned commission dollars if you are audited by the OFT) or helping your sales staff learn which disclosure form to use (and filled out correctly) for which situation. This does minimise the chance (with the new amendments) of a heavy fine from the Office of Fair Trading.

Due to legislative requirements and recent amendments, running a successful real estate business is becoming more complicated every day. Many businesses are spending too much time struggling with compliance (or ignoring it altogether until an OFT audit happens) rather than putting the focus on making money.