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.

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.

With high debt-to-disposable income levels and the difficulty of obtaining a home loan still a factor, more and more South Africans are opting to rent property.

Human Settlements Minister Tokyo Sexwale announced 15 new governors for the Estate Agency Affairs Board (EAAB).

A recent two-day Estate Agency Industry Affairs Summit was held at Gallagher Estate in Midrand to address the burning issues that are currently being experienced within the property industry. Matters that were discussed by the Minister of Human Settlements, Tokyo Sexwale, included the structure and role of the Estate Agency Affairs Board (EAAB), transformation of the industry and the education of real estate agent

HUMAN Settlements Minister Tokyo Sexwale has appealed to the property industry to work hard on removing negative sentiment plaguing the sector.

Things came to a head with the Estate Agency Affairs Board (EAAB) last week when Minister of Human Settlements, Tokyo Sexwale, decided to place the Board under administration. The Minister has also requested the Special Investigation Unit to look into the board’s dealings

Rawson Properties, has raised a red flag of “concern” regarding the recent proclamation by SA President, Jacob Zuma which seeks to transfer the “administration powers and functions” of the Estate Agency Affairs Act from the Minister of Trade and Industry to the Minister of Human Settlements with immediate effect.

The Estate Agency Affairs Board has recently announced that a three month amnesty period for illegal estate agents (i.e. those operating without a Fidelity Fund Certificate) is now going into operation

An application to stop estate agent Wendy Machanik Properties from operating was postponed in the High Court in Johannesburg on Thursday.