The SAQA Renews its Recognition of the EAAB as the Professional Body of the Estate Agency Sector

The SAQA renews its recognition of the EAAB as the professional body of the estate agency sector for a further five-year period

The South African Qualifications Authority renews its recognition of the Estate Agency Affairs Board as the professional body of the estate agency sector for a further five-year period

The Estate Agency Affairs Board (EAAB) is most gratified to advise its stakeholders that the Executive Committee of the South African Qualifications Authority (SAQA), at its meeting held on 12 September 2018, resolved to renew the recognition of the EAAB as the professional body of the estate agency sector for a further five-year period expiring on 11 September 2023.

Such renewal undoubtedly redounds to the benefit of the property and estate agency sectors as well as to the advancement of the National Qualifications Framework within these sectors. It enables the EAAB to continue to make a major contribution to both skills development and professional service delivery by estate agency professionals, having regard to the fact that the objectives of the EAAB, as a professional body, are to:

  • advance the objectives of the National Qualifications Framework;
  • promote public understanding of, and trust in, the estate agency profession;
  • encourage social responsibility and accountability within the estate agency profession relating to professional services communities and individuals;
  • promote pride in association for all professions;
  • promote the protection of the public from malpractice related to the fulfilment of the professional duties and responsibilities of estate agency professionals;
  • encourage international leading practice and the raising of esteem for the profession;
  • facilitate access to, and analysis of, data related to the profession;
  • support the development of a national career advice system; and
  • encourage the development and implementation of continuing professional development for the estate agency profession.

The EAAB is especially proud that it has been able effectively to discharge its various, and often onerous, professional body functions and duties in a manner that has greatly benefitted and enhanced both the professionalisation of the estate agency sector and the faith and trust that the consumers of estate agency services are now able to repose in the sector.

The EAAB looks forward to continuing its mutually rewarding and beneficial cooperation with SAQA as it strives to introduce innovative new initiatives specifically designed to advance its professional body role and functions.

 

Issued by:       The Estate Agency Affairs Board

Date:               21 December 2018

Read moreThe SAQA Renews its Recognition of the EAAB as the Professional Body of the Estate Agency Sector

Professional Designation Examination November 2018 – Results are available

This serves to advise all estate agents who wrote the Professional Designation Examination (PDE) in November that results are now available on the My EAAB online portal available on www.eaab.org.za

Certificates for those who have passed are being printed and will be sent by no later than the end of February 2019.  

Read moreProfessional Designation Examination November 2018 – Results are available

PP Bill: DHS response to submissions & deliberations

On 7  November 2018, the Human Settlements Portfolio Committee was briefed by the Department of Human Settlements (DHS) on the submissions made during the public hearings in Parliament and in the provinces during September on the Property Practitioners Bill.

The Department’s legal adviser provided details of the submissions from a wide range of stakeholders in the property, financial and legal sectors.

The key issues raised can be found in the meeting report below:-

Property Practitioners Bill_ DHS response to submissions deliberations _ PMG

 

Opinion: Property Bill misses the point

MAIN IMAGE: Jan le Roux, CE of Rebosa   Jan le Roux The National Assembly unanimously passed the Property Practitioners Bill on Tuesday 4 December 2018. The Bill, which will now go to the National Council of Provinces early next year, will ostensibly deliver transformation of the real estate industry before the 2019 general elections. Notably, … Read moreOpinion: Property Bill misses the point

Tribunal rule on ‘unfair’ penalty for early lease termination

It is business practice that a tenant has to pay a penalty, depending on the terms of the lease agreement, when there is early termination of the lease – but is it fair to charge the full penalty if the landlord is selling the property? The Western Cape Rental Housing Tribunal recently heard just such … Read moreTribunal rule on ‘unfair’ penalty for early lease termination

SA out of recession – more growth is needed say experts

SA’s economic activity picked up enough in the third term to exit out of the technical recession, but more is needed to place the country and the property sector firmly on sustainable economic growth say property experts. The news that the country’s economy officially exited the recession after reporting 2.2% GPD growth in the 3rd … Read moreSA out of recession – more growth is needed say experts

Property Bill approved by parliament – why Rebosa has concerns with current version

One director late with his FFC registration or audit report and the entire business and all the estate agents employed there find themselves deregistered. Sounds absurd? Unfortunately, this is a reality should the Property Practitioners Bill be voted into law as it stands warns Jan le Roux, CE of industry body Rebosa. That day is … Read moreProperty Bill approved by parliament – why Rebosa has concerns with current version

Rebosa 5 December 2018 Report

Dear Colleagues

The Ship has Sailed … Almost

The National Assembly unanimously passed the Property Practitioners Bill on Tuesday 4 December 2018.

Please refer to our report of 23 November 2018 in which we highlighted the challenges.  See below.

This is however, not the end of the road.  The bill still has to be passed by the National Council of Provinces.  This will only happen next year when Parliament sits again and after which the President can still consider same before signing the Bill into law.

Rebosa will still do everything humanly possible to effect the necessary changes we have been lobbying for.  Below please find the latest and still valid Rebosa comments (with highlighted paragraphs) on the Bill’s current version.  There is a long way to go.

Rebosa Property Practitioners Bill Highlighted Comments 5v Dec

For those of us wishing to blame government for what is lacking/wrong in the Bill, must please note that the Bill was passed unanimously.  This effectively means that all the opposition parties also agreed to pass the Bill.  This is therefore not just a government issue.  

Read moreRebosa 5 December 2018 Report

REBOSA 23 November 2018 Report

Dear Colleagues

Property Practitioners Bill

Our government started discussions around changes to the Estate Agency Affairs Act in 2006 when the Department of Trade and Industry still took responsibility for the real estate industry.

Almost 12 years later, there is urgent unprecedented activity in the Portfolio Committee on Human Settlements having meeting after meeting on the Property Practitioners Bill.  This committee has now almost completed its work after which the Bill will go to the National Assembly and to the National Council of Provinces for tabling and debating, thereafter to be signed into law.

We have grounds to believe that there is some urgency to make this all happen before the end of the year.  

Read moreREBOSA 23 November 2018 Report