The REIQ is moving to align individual memberships with accredited agency memberships, making both renewable on a calendar year basis.
Individual memberships have been renewed on a financial year basis up until now and from 1 January 2018 this move will streamline all memberships.
For our members, who want to get ready for this, when you get your next renewal notice you will have the option to renew for either six months or 18 months.
For those taking an 18 month membership, a 5 per cent discount will apply.
REIQ CEO Antonia Mercorella said the shift to calendar year membership packages helped streamline the organisation.
“This will also bring membership into line with the CPD program, which will be very helpful to the administration of both parts of the business,” she said.
“And from 1 January 2018 the REIQ will introduce more flexible payment options, such as pay by the month, which will give our members more choice when selecting the option that suits them best,” she said.
Also, from 1 July 2017 the REIQ Shop would cease offering credit facilities for products and services.
“We recognise this may cause some inconvenience, but as an organisation our resources are better spent providing valuable proactive member benefits, rather than chasing unpaid accounts,” Ms Mercorella said.
The REIQ will continue to offer credit card and direct deposit facilities for all REIQ Shop transactions.