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The close of the first year of the first CPD cycle

As the first year of the first CPD cycle draws to a close, it has become apparent that some estate agents on the current CPD cycle may, for one reason or another, have failed to accumulate the required fifteen verifiable CPD points.

Who must register for CPD purposes?

Estate agents are reminded, in this respect, that all persons who held a valid fidelity fund certificate, whether as principal or non-principal estate agents, issued by the EAAB during 2015, excluding only those persons who held intern fidelity fund certificates, were obliged not only to have registered for CPD purposes but also to have accrued fifteen verifiable and five non-verifiable CPD points.

The implementation by the EAAB of a ‘catch-up’ CPD initiative

Mindful of this fact the EAAB has resolved to implement an appropriate ‘catch-up’ programme designed to assist non-compliant participants to obtain any outstanding verifiable CPD points that may still be required.

The form of the ‘catch-up’ programme

The ‘catch-up’ programme will take the form of a CPD e-learning intervention. Such e-learning may be accessed by all participants still needing to obtain verifiable CPD points through the “MyCPD” portal on the EAAB website (www.eaab.org.za) as from 1 November 2015.

Estate agents who enrolled for CPD but failed to obtain fifteen verifiable CPD points

Estate agents who have already enrolled on-line for participation in the CPD programme by completing the required Personal Development Plan (“PDP”) and making payment of the required CPD fee will be given internet access, depending on their individual PDPs, to a video recording of relevant CPD presentations made during the course of 2015, including both the slide presentations utilised by the facilitators at those events and the learning guides provided to event participants. E-learning participants will, after having duly viewed the presentation in question and having also considered the slides and other learning material, be required to answer ten randomly generated multiple-choice questions relating to the presentation in question. Participants correctly answering all the multiple-choice questions will be awarded the three verifiable CPD points for that particular topic. Participants not correctly answering all of the multiple-choice questions will be required to review the presentation and materials until such time as they are able correctly to answer all the multiple-choice questions.

Non-compliant estate agents who failed to enrol for CPD purposes

Estate agents holding valid fidelity fund certificates in 2015, other than intern estate agents, who were, thus, obliged to have registered for CPD purposes during 2015, but failed to do so, will be afforded a similar opportunity to ‘catch-up’ on verifiable CPD points so as to regularise their positions where CPD is concerned. Persons falling within this category may accrue the required fifteen verifiable CPD points needed for 2015. Affected participants are earnestly encouraged to take full advantage of this ‘catch-up’ opportunity. Such participants should, therefore:

  • immediately access the “MyCPD” portal on the EAAB website;
  • complete the required Personal Development Plan (“PDP”); and
  • make payment of the applicable CPD fee (R2 500 for principal estate agents and R2 000 for non-principal estate agents).

Doing so will ensure that hitherto non-complaint persons are not rendered disqualified as estate agents by reason of their failure to comply with the requirements of the mandatory Education Regulations.

After having duly registered for CPD purposes, as set forth above, participants falling within this category will, similarly, receive access to the e-learning CPD material, in accordance with the completed PDP, from 1 November 2015 thereby enabling them to acquire the required number of verifiable CPD points for the 2015 year.

The CPD programme for 2016

Persons who will fall within the second year of the first CPD cycle in 2016

The CPD programme for the ensuing year, which will continue to fill identified education gaps for the profession in a practical, meaningful and positive way, is currently being finalised by the EAAB.

It is envisaged that, in 2016, participants will be afforded the choice of obtaining the required number of fifteen verifiable CPD points by:

  • attending one-on-one contact sessions; or
  • accessing the EAAB’s e-learning platform; or
  • utilising a mixture of both of these methods by electing to attend contact sessions and, where required, also utilising available e-learning opportunities to accrue necessary verifiable CPD points.

It is to be emphasised, however, that a maximum of twelve verifiable CPD points may be earned through using the e-learning method. While participants will, therefore, be obligated to attend at least one contact session, they may choose to attend as many contact sessions as they wish in acquiring the full number of fifteen verifiable CPD points for the year.

CPD fees for 2016 and method of payment

It is not anticipated that there will be any increase in the CPD fees payable by estate agents for the 2016 calendar year.

The CPD fee for 2016 will, thus remain:

  • R2 500 for principal estate agents; and
  • R2 000 for non-principal estate agents.

Payment for CPD purposes may be made only in full or by way of a debit order instruction over a maximum period of four monthly instalments. Any required debit order instruction should be submitted by the participant to the EAAB by no later than the final deadline for the payment of CPD fees.

Persons falling within the first year of the first CPD cycle, that is, persons entering the CPD system for the first time in 2016

Intern estate agents who obtained full status during the course of 2015 are obliged to register for CPD purposes for 2016. Such persons will, thus, commence the first year of their first CPD cycle in 2016.

Persons falling under this category are required to access the “MyCPD” portal of the EAAB website to register for CPD purposes in 2016 by completing the required Personal Development Plan (“PDP”) and making payment of the applicable CPD fee (R2 500 for principal estate agents and R2 000 for non-principal estate agents).

It is envisaged that persons falling within the first year of their CPD cycle in 2016 will also have the choice of obtaining the required number of CPD points by:

  • attending one-on-one contact sessions; or
  • accessing the EAAB’s e-learning platform; or
  • utilising a mixture of both of these methods by electing to attend contact sessions and, where required, also utilising available e-learning opportunities to accrue necessary verifiable CPD points.

While it is anticipated that the CPD calendar for this category of CPD participants will shortly be finalised, they are requested, in any event, to ensure that they access the EAAB website from time to time to obtain more particularity in this respect.

Issued by:       The Estate Agency Affairs Board

Date:               20 October 2016

 

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