Dr Róisín Murphy Publishes Report on Impact of Regulation in Irish Property SectorPosted: 8 March, 2019
A report by Dr. Róisín Murphy, Senior Lecturer in the School of Surveying and Construction Management at TU Dublin – City Campus, has found that the majority of Property Service Providers agree that the establishment of the Property Services Regulatory Authority was a positive development for the sector.
Dr Murphy presented her findings at the inaugural Property Services Regulatory Authority (PSRA) annual conference, which was opened by Minister for Justice and Equality, Charlie Flanagan TD on Wednesday, 6 March in Croke Park.
The report, ‘The Impact of Regulation on the Property Services Sector’ examines the lived experience of regulation in the Irish property sector and is based on input from over 1,200 licensees of the Property Services Regulatory Authority, as well as a number of follow up interviews. Key findings of the Impact of Regulation on the Property Services Sector include:
- 82% of respondents agree that PSPs need to be regulated
- 87% believe that the PSRA has been a positive development for PSPs
- 51% said that holding a PSRA licence brings added value to the business
- 80% of respondents would consider employing an apprentice
In recognising the positive engagement by licensees with this Report, Minister for Justice and Equality, Charlie Flanagan TD acknowledged its relevance and significance to the sector and stated, “this Report will be of value in informing both future policy and the strategic direction of the property services sector”.
The full report is available from the PSRA website here.