The Government yesterday tried to calm the fears of small estate agents that only big agents would be allowed to handle the resale of Home Ownership Scheme (HOS) flats under a new selection process. Housing Department senior assistant director Marco Wu Moon-hoi said the department would carefully consider the selection process to ensure fair competition and protect the interests of both sellers and buyers. Mr Wu said the Housing Authority's home ownership committee had not decided on the mode of operation for the sale of HOS or Private Sector Participation Scheme (PSPS) flats in the proposed secondary market. The committee decided the operation of the secondary market should be through private estate agents. 'The home ownership committee will take into account the opinion of the Hong Kong Real Estate Agencies Association,' Mr Wu said. The association, covering more than 1,000 small to medium-sized property agents, had a meeting with Mr Wu on Tuesday to express strong objection to a reported proposal to appoint big agents to handle the resale of HOS flats. Smaller agents claimed their exclusion from the secondary market of HOS units would kill their business. They threatened to stage street protests. 'I already reflected the association's worry to the HOS committee members,' Mr Wu said. The Housing Authority is expected to finalise the detailed amendments for the operation of the secondary market for consideration by the home ownership committee at a later meeting. The committee had agreed to relax resale restrictions on HOS-PSPS flats from 10 years to three years.