''When I speak in the Legislative Council, the Government's position will be known then,'' he said.

''Our position will be clear but I don't want to say what it is just now.'' Demands for change have been gaining momentum from all sides this year.

The two largest real estate associations, politicians and consumer organisations have called for action.

One industry insider, who did not want to be named, said: ''My understanding is that the Government will come out in favour of licensing.

''The majority of Legco members will support the motion and there is also strong support from executive councillors.

''I believe they are asking the Government to formulate policy to control the quality of service in the industry by licensing.

''If the Government does show its support, it will surely announce what it plans to do at the same time. I think it's most likely that a committee of some sort to investigate the issue will be announced.'' The two main associations, the Society of Hongkong Real Estate Agents and the Hongkong Real Estate Agencies' Association, are hopeful of a positive outcome.

Michael Choi Ngai-min, the president of the society, whose members were mainly the larger agencies, supported setting up a committee to draw up regulations.

The industry should then be allowed to govern its own practices under the new framework, he said.

''This is an important day for the real estate industry.

''The future direction and operation will be affected by [today's] debate.

''If the Government supports the motion, it will signal a major change for everyone in the agency business as they prepare for licensing.

''A committee is a logical step. We would like to see it chaired by the Government and members should include professionals from the industry, legislative councillors with different backgrounds, and academics.'' The debate was called by United Democrat councillor Albert Chan Wai-yip.

His motion ''urges the Government to introduce legislation to regulate the operation of real estate agents through a licensing system as soon as possible, so that the quality of service and the conduct of the real estate agents will be effectively monitored under the licensing system and the legitimate rights of consumers may be duly protected''.

Mr Chan called on the Government to bow to broad support for change.

''I can't see any reasons why the administration does not bring this to account,'' he said.

''They will have a lot of explaining to do if they still refuse.

''I will be delighted if there is a positive announcement but I will not be surprised.

''I hope the Government will set up a committee in the short term.

''This will prepare the groundwork for legislation. Then I hope that, in about a year's time, the Government will finish drafting legislation.''