Is real estate your calling?

2019-02-27 06:00
PHOTO: byrone athmanDineo Mphahlele addresses those in attendance at the Real Estate roadshow.

PHOTO: byrone athmanDineo Mphahlele addresses those in attendance at the Real Estate roadshow.

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THE Estate Agency Affairs Board (EAAB­) paid a visit to Pieter­maritzburg last Wednesday as part of their nation-wide roadshow to attract previously disadvantaged individuals into the property sector.

Speaking at the roadshow at the Golden Horse Casino was executive manager of the EAAB Dineo Mphahlele­, who highlighted that the sector still lacked in the country’s demographics and, through these roadshows, they are hoping to recruit more individuals and open the sector to all South Africans.

“The transformation initiatives are numerous. Our goal is to effect change in the opportunities available and open the door to previously disadvantaged individuals.

“We want to increase the number of people of colour in the real estate agent field,” said Mphahlele.

According to section 27, agents who previously may not have been able to obtain their Fidelity Fund Certificates (FFC) will now be issued certificates in the interest of justice if they qualify and comply with certain conditions.

Previously disadvantaged individuals (PDI’s) will now qualify to be exempt from submissions of audit reports, exempt from full/partial payment of registration fees, exempt from education requirements etc.

However, Mphahlele said that these individuals wishing to be exempt needed to meet a certain criteria. For example, they must submit a 12-month bank statement with the time periods in order to qualify for the exemption.


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