In a scathing judgement handed down from the High Court on 15 March, the failure of the Estate Agency Affairs Board (EAAB) to issue Fidelity Fund Certificates (FFCs) to the applicant estate agents has been found without merit.

“In our experience some of the banks are deciding where buyers can and cannot buy by declining home loans on certain properties (and in certain areas), where I know another bank will grant a mortgage.

The honourable Minister of Human Settlements, Lindiwe Sisulu published the Property Practitioners Bill on 31 March 2017 giving all stakeholders 30 days to comment.

The real estate industry has been placed under an uncomfortable spotlight yet again with the reported posting of a blatantly racist property advert by Dick and Sue Home Finders on the property portals.

During his State of the Nation address on Thursday evening, President Jacob Zuma commented on the property market saying that, “This sector in our country is valued at approximately R7 trillion, with the subsidised sector being valued at R1.5 trillion”. 

The Estate Agency Affairs Board (EAAB) has announced that non-executive directors of estate agencies need no longer comply with all the educational requirements applicable to estate agents.

The Estate Agency Affairs Board (EAAB) is gratified to announce the successful establishment of a Multi-Stakeholder Group comprising both itself and estate agency sector representative organisations.

Most Popular

Should you rent or buy your business premises?

Jun 23, 2022
Malusi Mthuli_FNB
This is a question that most business owners will face at some point in their journey.…

April 2022 Hotel Accommodation Income Statistics continue to show a very weak picture compared to pre-lockdown times.

Jun 23, 2022
Hotels Monthly Income 2022
The StatsSA release of April 2022 preliminary monthly tourism statistics show the Hotel…

South Africa’s inflation exceptionalism: can it last?

Jun 23, 2022
Carmen Nel
South Africa is often seen as a high-beta play, be it regarding financial market risk…

Hyprop continues to reduce debt and reposition its portfolios in SA and EE

Jun 30, 2022
Skopje City Mall Playground
Hyprop, which manages dominant retail centres in mixed-use precincts in key economic…

Vaal Mall rolls up its sleeves for pothole repairs

Jun 30, 2022
Vaal Mall crew busy repairing the various potholes making easier access to the Centre.
Vaal Mall is showing their commitment towards their community by stepping up to repair…

Please publish modules in offcanvas position.