\n
Minister for Works and Housing, Kojo Oppong Nkrumah has tasked the board and management of the Real Estate Agency Council (REAC) to ensure an opening of the Agency\u2019s offices by April this year<\/p>\n
The Agency, since its establishment by law in 2020, has yet to open its offices to the general public. On his first working visit, on Monday, February 26, 2024, Minister Oppong Nkrumah emphasized the urgency of getting REAC fully operational to regulate transactions in the real estate industry effectively.<\/p>\n
\u201cThe contractor tells me he wants to use a little over two months to finish the work but I have tasked him to finish the work by the end of April because we want to get the Agency functioning so that they can serve our citizens so that the difficulty our citizens go through when they are doing real estate transactions will be minimized,\u201d he said.<\/p>\n
Parliament in 2020 passed the Real Estate Agency Act, 2020 (Act 1047), creating the Real Estate Agency Council (REAC). This body was tasked with regulating the sector, ensuring fairness and transparency in real estate transactions.<\/p>\n
However, despite the passage of the legislation to fully establish and operationalize the Agency, it has been slow in executing it mandates. While the Council has been sworn in, its functions remain dormant with the CEO working from the Ministry of Works and Housing rather than from the REAC\u2019s headquarters.<\/p>\n
Addressing the challenges faced by REAC, the Minister stressed the need for swift action in establishing its offices expressing concern over the delay in its operationalization.<\/p>\n
He gave the assurance that plans are underway to secure funding for the furnishing and staffing of the offices when completed.<\/p>\n
In response to the Minister\u2019s directives, the CEO of REAC, Nana Otu Turkson, expressed gratitude for his visit and took the opportunity to further highlight the problems facing the Agency. He said it has staff deficit, logistically constrained, needs funds for its day-to-day operations, and a cloud-based system for remote engagement\u00a0with\u00a0clients.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"
Minister for Works and Housing, Kojo Oppong Nkrumah has tasked the board and management of the Real Estate Agency Council (REAC) to ensure an opening of the Agency\u2019s offices by April this year The Agency, since its establishment by law in 2020, has yet to open its offices to the general public. On his first […]<\/p>\n","protected":false},"author":1,"featured_media":156217,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-156215","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"\n
Open Real Estate Agency Council office by April - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Open Real Estate Agency Council office by April - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"Minister for Works and Housing, Kojo Oppong Nkrumah has tasked the board and management of the Real Estate Agency Council (REAC) to ensure an opening of the Agency\u2019s offices by April this year The Agency, since its establishment by law in 2020, has yet to open its offices to the general public. On his first […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/\" \/>\n<meta property=\"og:site_name\" content=\"Ghanamma.com\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-27T09:00:52+00:00\" \/>\n<meta name=\"author\" content=\"Ghana News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ghana News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/\"},\"author\":{\"name\":\"Ghana News\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"headline\":\"Open Real Estate Agency Council office by April\",\"datePublished\":\"2024-02-27T09:00:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/\"},\"wordCount\":338,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/\",\"name\":\"Open Real Estate Agency Council office by April - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2024-02-27T09:00:52+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/02\\\/27\\\/open-real-estate-agency-council-office-by-april\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Open Real Estate Agency Council office by April\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#website\",\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/\",\"name\":\"Ghanamma.com\",\"description\":\"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/#\\\/schema\\\/person\\\/c70749f3edfbfcd92d45e933f0fe10b5\",\"name\":\"Ghana News\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g\",\"caption\":\"Ghana News\"},\"sameAs\":[\"https:\\\/\\\/www.ghanamma.com\\\/2024\"],\"url\":\"https:\\\/\\\/www.ghanamma.com\\\/2024\\\/author\\\/ghanamma\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Open Real Estate Agency Council office by April - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/","og_locale":"en_US","og_type":"article","og_title":"Open Real Estate Agency Council office by April - Ghanamma.com","og_description":"Minister for Works and Housing, Kojo Oppong Nkrumah has tasked the board and management of the Real Estate Agency Council (REAC) to ensure an opening of the Agency\u2019s offices by April this year The Agency, since its establishment by law in 2020, has yet to open its offices to the general public. On his first […]","og_url":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/","og_site_name":"Ghanamma.com","article_published_time":"2024-02-27T09:00:52+00:00","author":"Ghana News","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Ghana News","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/"},"author":{"name":"Ghana News","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"headline":"Open Real Estate Agency Council office by April","datePublished":"2024-02-27T09:00:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/"},"wordCount":338,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/","url":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/","name":"Open Real Estate Agency Council office by April - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2024\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#primaryimage"},"thumbnailUrl":"","datePublished":"2024-02-27T09:00:52+00:00","author":{"@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5"},"breadcrumb":{"@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#primaryimage","url":"","contentUrl":""},{"@type":"BreadcrumbList","@id":"https:\/\/www.ghanamma.com\/2024\/02\/27\/open-real-estate-agency-council-office-by-april\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.ghanamma.com\/2024\/"},{"@type":"ListItem","position":2,"name":"Open Real Estate Agency Council office by April"}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2024\/#website","url":"https:\/\/www.ghanamma.com\/2024\/","name":"Ghanamma.com","description":"Ghana mma provides breaking news, top stories in Ghana, Africa, business, entertainment, politics and more.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2024\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.ghanamma.com\/2024\/#\/schema\/person\/c70749f3edfbfcd92d45e933f0fe10b5","name":"Ghana News","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/22cb97c2b08df229330efb2b8c2645feaae8d3ca3ee434035fbb668b5b82f570?s=96&d=mm&r=g","caption":"Ghana News"},"sameAs":["https:\/\/www.ghanamma.com\/2024"],"url":"https:\/\/www.ghanamma.com\/2024\/author\/ghanamma\/"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/156215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/comments?post=156215"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/posts\/156215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/media?parent=156215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/categories?post=156215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2024\/wp-json\/wp\/v2\/tags?post=156215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}