Warning about illegal and poor quality real estate brokerage training

In the context of the Vietnamese real estate market increasingly demanding transparency, professionalism and compliance with the law, the quality of training for brokers is being seriously threatened by the proliferation of illegal courses, "underground" training and the issuance of invalid course completion certificates.

Continuously professionalize the brokerage team and develop a sustainable real estate market. (Photo: PV)

According to a survey by the Vietnam Real Estate Market Research and Evaluation Institute (Vietnam Real Estate Brokers Association), currently, many facilities that do not meet legal requirements still openly organize training courses, even cutting down the program, lacking evaluation and using unqualified lecturers.

These certificates are issued after a few hours or short sessions, which do not guarantee the required duration, but are still used in many legal documents such as applying for a license to open a trading floor or taking the real estate brokerage practice certificate exam.

Survey results show that this is causing potential risks not only to learners but also to the affected market.

Specifically, learners are at risk of losing money, being disqualified from the qualifying exam or not being licensed to establish a trading floor, and accidentally getting into trouble with the law. Incompetent and unethical practitioners are prone to fraud and market manipulation. Serious and qualified training units are about to lose market share, discouraging legitimate training facilities and units. State agencies lose control of human resources, leading to market information disruption, weakening policy effectiveness and budget loss...

As a socio-professional organization, the Vietnam Real Estate Brokers Association in general and the Vietnam Real Estate Market Assessment Research Institute in particular warn about the situation of granting training certificates in violation of regulations, and warn learners about legal and financial risks when participating in courses that do not comply with regulations.

At the same time, on this occasion, the unit also hopes that businesses, professional brokers or those who are in need of becoming professional brokers to ensure certification of professional skills need to grasp new laws such as: Law on Real Estate Business 2023, Decree 96/2024/ND-CP, Circular 04/2024/TT-BXD and related legal regulations on training conditions, program standards and lecturer criteria for training and fostering real estate brokers.

We believe and hope that learners will be alert enough to avoid the trap of "fake training for real money", contributing to the professionalization of the brokerage team and the sustainable development of the real estate market.

Source: https://baoquangninh.vn/canh-bao-tinh-trang-dao-tao-moi-gioi-bat-dong-san-trai-phep-kem-chat-luong-3369301.html