Industry Advisory Groups

Our Industry Advisory Groups (IAGs) provide independent advice and insights from across the various real estate sectors.

The advisory groups

The groups and sectors represented are:

  1. Compliance officers and supervisors – compliance officers or licensees providing formal supervision to salespeople.
  2. Rural, commercial and business broking – active licensees specialising in business broking, rural or commercial sales.
  3. General residential – active licensees in residential sales.

IAG membership

Each IAG has up to ten members appointed for a two-year term. The groups meet virtually at least twice a year to discuss issues of regulatory importance and to provide REA with practical sector insights.

Areas of discussion include:

  • Emerging conduct issues within the sector.
  • Regulatory interactions with REA.
  • Best practice insights.
  • Proposals that REA is considering implementing.

REA may also informally consult IAG members between meetings.

Read the Industry Advisory Groups Terms of Reference [DOCX, 600 KB]

Eligibility criteria

We endeavor to represent diverse perspectives across the real estate sector within the IAGs. Membership criteria includes:

  • Demonstrated knowledge and experience in real estate agency work and/or management.
  • Representation from across New Zealand.
  • Representation of different ability, ethnicity, age, gender and other relevant factors.
  • Representation from one of the four sub-sectors: residential, rural, commercial and industrial, and business broking.
  • Representation from across different agency models and sizes in the sector.