A Select Committee of the Legislative Council has been established to inquire into and report on the conduct of real estate agents, property managers and other real estate professionals in South Australia, with particular reference to:
(a) the adequacy of existing regulations and codes of practice;
(b) regulations and codes of practice that exist in other jurisdictions;
(c) the prevalence of misleading, deceptive or unreasonable conduct impacting on property vendors, purchasers and renters, including (but not limited to) the use of tactics such as underquoting, inaccurate appraisals, non-disclosure of building faults, rent bidding and unreasonable rental inspection reports;
(d) adequacy of dispute resolution and review mechanisms available to purchasers, vendors and renters;
(e) any recommendations to improve protections for consumers across the real estate sector; and
(f) any other related matters.