The Estate Agents Ordinance (Cap.511) ("Ordinance") provides for the licensing and the regulation of the estate agency trade.
The Estate Agents Authority established thereunder is empowered to, inter alia, regulate and control the practice of estate agents and salespersons and to take such actions as the Authority considers appropriate or necessary to promote integrity and competence amongst, or maintain or enhance the status of, estate agents and salespersons.
Estate agents and salespersons must comply with the Ordinance and its subsidiary legislation, including in particular the Practice Regulation in respect of Hong Kong residential properties. They should also comply with the Code of Ethics and Practice Circulars issued by the Authority. EAA has published a Code of Ethics & Guide to the Estate Agents Ordinance which offers practitioners a guide to the key provisions in the ordinance.