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Milestones

1997 May Enactment of Estate Agents Ordinance (“EAO”)
Nov Establishment of the Estate Agents Authority (“EAA”)
Dr the Hon Marvin Cheung Kin-tung, GBS, OBE, JP was appointed the founding Chairman of the EAA
1999 Jan First batch of licences was granted to persons exempted from certain licensing requirements
Issuance of Code of Ethics
Mar Held the first qualifying examinations for estate agents and salespersons
Nov Estate Agents Practice (General Duties and Hong Kong Residential Properties) Regulation came into effect
2001 Dec End of the three-year transition period of the licnesing system – an important landmark in the trade's progress towards professionalism as all new entrants must fulfill all licensing requirements without exemption from then
2002 Jan Estate Agents (Licensing) (Amendment) Regulation 2001 came into effect. Licence fees were reduced by 30% and qualified licensees were allowed to renew their licences within 24 months from the lapse of their last held licences
2003 Nov Dr Steven Poon Kwok-lim, BBS, JP was appointed the Chairman of the EAA
Dec 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)
Jul Level of Estate Agents Qualifying Examination enhanced
2006 Mar Introduction of Certificate of Attainment and Attainment symbol to encourage estate agents’ participation in CPD scheme
Jul Level of Salespersons Qualifying Examination enhanced
2007 Mar Establishment of Section 28 Investigation Committee
Nov 10th Anniversary of the EAA
2008 Aug Signing of agreement with the Guangzhou Real Estate Agent Service Administration Centre on Hong Kong practitioners obtaining a qualification to practise estate agency work in Guangzhou
Nov Ms Vivien Chan, SBS, JP was appointed the Chairman of the EAA
2009 May Launch of an one-off, six-month licence fee concession scheme
2010 May Issuance of new practice circulars regulating sales practices of first-hand properties
Nov Signing of 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 Jul Completion of the first training course and examination for the scheme of mutual recognition of professional qualifications for estate agents in the Mainland and Hong Kong
Aug First focus group meeting was conducted to communicate and discuss with the frontline practitioners on different topics
2012 Mar Publishing of Best Practice Checklist with ICAC jointly
May Issuance of practice circular on provision of "saleable area" for second-hand residential properties to take effect on 1 January 2013
Sept Launch of the EAA e-Learning platform
Nov 15th Anniversary of the EAA
2013 Mar Launch of publicity campaign to promote information about "saleable area" and "estate agency agreement"
Jun Professional forum held to explore the direction of and opportunities brought by the professional development of estate agency trade
2014 Jan Launch of New Scheme for Disciplinary Cases
Apr Publishing of Guide to Purchasing Second-hand Residential Properties with Consumer Council jointly
Jul Distribution of “Consumer Education Package” to the trade to help raise public awareness of the points to note when appointing estate agents
Nov Dr William Leung Wing-cheung, SBS, JP was appointed the Chairman of the EAA
2015 Mar Awarded the “Caring Organisation” logo from the Hong Kong Council of Social Service
Launch of a series of seminars on topics relating to first-hand residential properties for practitioners
Sept Launch of new consumer education initiative in the form of public seminars to enhance consumers' knowledge relating to property transactions
2016 May Launch of e-Services for online licence renewal application by individual licensees
Acknowledged as a “Manpower Developer” by the Employees Retraining Board
Oct Launch of the EAA's Certificate Programme in Practice
Nov Awarded the first batch of “Silver” Premium Symbol to eligible licensees under the CPD scheme
2017 Jan Publication of disciplinary decisions together with the reasons for the decisions for achieving greater transparency
Feb Launch of a new consumer education website, "Be Smart in Appointing Estate Agents"
Jun Signing of agreement with the CIREA to renew the mutual recognition of professional qualifications scheme for estate agents in Hong Kong and the Mainland
Nov 20th Anniversary of the EAA
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