Milestones

  • 1997

    May

    Enactment of the Estate Agents Ordinance

    November

    Estate Agents Authority (EAA) established.
    Dr Marvin Cheung Kin-tung, GBS, JP was appointed the first EAA Chairman

    1999

    January

    The Estate Agents (Licensing) Regulation became effective

    The first batch of licences was granted

    Issuance of Code of Ethics

    March

    EAA held the first Qualifying
    Examinations for Estate
    Agents and Salespersons

    November

    The Estate Agents Practice (General Duties and Hong Kong Residential Properties)
    Regulation came into effect

    2000

    October

    EAA launched a publicity campaign to promote the Estate Agents Ordinance

    2001

    December

    The three-year transition period prescribed under the Licensing Regulation ended

    2002

    January

    Estate Agents (Licensing) (Amendment) Regulation 2001 came into effect
     
  • 2003

    November

    Dr Steven Poon Kwok-lim, BBS, JP, assumed Chairmanship of the EAA

    December

    An EAA delegation visited government officials in Beijing to reflect estate agents' support for CEPA

    2005

    May

    Launch of the Continuing Professional
    Development (CPD) Scheme (Voluntary Stage)

    2006

    March

    Launch of Certificate of Attainment and CPD Attainment Symbol to encourage estate agents' participation in CPD Scheme

    December

    CPD Scheme awards ceremony was held in recognition of the estate agents’ gaining the highest scores and event organizers’ effort

    2007

    March

    The Section 28 Investigation Committee established

    November

    10th Anniversary of the EAA

    2008

    June

    Introduction of the CPD Mark for Estate Agencies

    August

    Agreement signed with Guangzhou Real Estate
    Agent Service Administration Centre on Hong Kong practitioners obtaining a qualification to practise estate agency work in Guangzhou

    October

    EAA issued practice circular on the standardised definition of “saleable area”

    November

    Ms Vivien Chan, BBS, JP, assumed Chairmanship of the EAA
     
  • 2009

    January

    Memorandum of Understanding on mutual recognition of professional qualifications for estate agents signed in Beijing

    May

    EAA launched an one-off, six-month licence fee concession scheme

    2010

    March

    Issuance of Practice Guide

    May

    EAA issued new practice circulars regulating sales practices of first-hand properties

    November

    Signing of the agreement with the China Institute of Real Estate Appraisers and Agents (CIREA) on mutual recognition of professional qualifications between Mainland and Hong Kong estate agents

    2011

    March

    EAA and ICAC jointly launched Integrity Management Programme for the Estate Agency Trade

    July

    First training course and examination for the scheme of mutual recognition of professional qualifications for estate agents in the Mainland and Hong Kong completed

    2012

    March

    EAA and ICAC jointly published Best Practice Checklist

    May

    EAA issued practice circular on provision of “saleable area” for second-hand residential properties