Developers help ITS branch out into real estate

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Perhaps following in the footsteps of much of Malta’s hotel industry, the Institute for Tourism Studies will be extending its remit into another economic sector: the property market.

As from the next scholastic year, the ITS will start training real estate agents and other related professionals, with the Malta Developers Association helping in the effort.

The association had established the MDA Academy earlier this year, and in a statement, it said that the initiative was in response to a new rule requiring property agents to be licensed as from 2022.

At a press conference marking the launch of the new courses, MDA president Sandro Chetcuti emphasised the need for continuous training to modernise and improve the industry.

“Although we are just an association representing industry stakeholders, we are going the extra mile to be protagonists by showing the way forward on how things should be done. This training course, empowering all those on the selling-side of the business, is another step in this MDA’s strategy to raise standards and improve our product,” Chetcuti said.