The Estate Agency Affairs Board is gratified at the positive response received from CPD participants on the first three-year CPD cycle (that is to say, ed excluding intern estate agents, who had been issued with fidelity fund certificates for the 2015, 2016 and 2017 calendar years respectively) to ensure timeous compliance with any outstanding CPD obligations.

As technology improves, so does the level of property scams that do the rounds, and while every precaution seems to be taken, there will be yet another thing that fraudsters find to dupe people out of large sums of money, warns Johnny Henkes of law firm Henkes Nolte-Joubert. 

Gazetted in March 2017 for comment, the long-awaited Property Practitioners Bill is intended to repeal the Estate Agency Affairs Act 112 of 1976 and transform the entire property market.

In the past 10 years, the number of sectional title schemes in SA has risen exponentially, and the latest figures show that there are currently well over 700 000 sectional title homes in the country, estimated to house more than 6-million people.

The Institute of Estate Agents of SA says it will conduct its own 'comprehensive review' of the South African real estate industry to help set up a better administrative system

As the Estate Agency Affairs Board lurches from crisis to crisis, estate agents fear that they will not be issued with Fidelity Fund certificates in the new year

Those out to make a quick buck have chosen the property profession which, in just three months, has seen 7000 new agents added to its ranks.