The Government says it has the numbers in Parliament to pass legislation to reform the real estate sector.
The Real Estate Agents Bill will establish an independent complaints system and put an end to industry self-regulation.
It will also introduce consumer protection measures, including compensation for consumers who have been ripped off.
Associate Minister of Justice Clayton Cosgrove says the Greens and New Zealand First have affirmed their support for the bill and the Government aims to pass it this year.
A number of changes will be made to the legislation, including the removal of a requirment to review the employment status of real estate agents.
The Real Estate Institute will be consulted on initial appointments to a new Real Estate Authority and Disciplinary Tribunal.