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Industry News

Industry related news and updates
By Admin
In Industry News
Posted February 5, 2020

Property launches own forum to speed up transformation

Transformation has been an ongoing challenge for the property sector in South Africa. Despite government-sponsored initiatives such as the One Learner One Agency programme and also private [...]

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By Admin
In Industry News
Posted February 5, 2020

REBOSA LAUNCHES ONLINE QUERY PLATFORM FOR OUTSTANDING 2020 FFCS

The deadline for Fidelity Fund Certificate (“FFC”) renewals was 30 October 2019.  The EAAB has a legal obligation to ensure that all estate agents and estate agency firms who applied and paid for [...]

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By Admin
In Industry News
Posted February 5, 2020

MINISTER WANTS ACTION ON ALLEGATIONS AGAINST EAAB CEO

The Department of Human Settlements (DHS) minister Lindiwe Sisulu has asked the chairman of the Estate Agency Affairs Board (EAAB) for an action plan after he seemingly failed to react to serious [...]

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By Admin
In Industry News
Posted February 5, 2020

REIS 2019: Impact of the Property Practitioners Bill on the Real Estate Industry

Courtesy: REBOSA 25 October 2019 Report On Friday 18 October, Private Property hosted the inaugural Real Estate Industry Summit (REIS), where top industry experts shared insights aimed at [...]

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By Admin
In Industry News
Posted February 5, 2020

It’s not just about a minimum wage – there are other ramifications as well!

Courtesy: REBOSA 4 October 2019 Report The question of whether an estate agent is an employee or an independent contractor and if the “NMWA” then applies to estate agents is covered in the detail [...]

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By Admin
In Industry News
Posted February 5, 2020

EAAB ANNUAL REPORT AND PRESENTATION TO PARLIAMENT

On Friday 11 October 2019, the EAAB presented their financial statements to the Parliamentary Portfolio on Human Settlements. Please find documents below:- Presentation to [...]

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By Admin
In Industry News
Posted February 5, 2020

PROPERTY PRACTITIONERS BILL SIGNED INTO LAW

The much anticipated Property Practioners Bill has been signed into law by President Cyril Ramaphosa. The bill replaces the 43-year old Estate Agency Affairs Act. The bill will not only regulate [...]

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By Admin
In Industry News
Posted February 5, 2020

ESTATE AGENTS COULD QUALIFY FOR MINIMUM WAGE

Following a legal opinion recently obtained by Rebosa, there are circumstances where traditional real estate agencies may be required by law to top up or pay the minimum wage to [...]

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By Admin
In Industry News
Posted February 5, 2020

UNPACKING THE FIC AMENDMENT ACT WITH ANASTASIA HAJI-PAVLOU

On 7 June 2019 Rebosa held an industry update session and invited Anastasia Haji-Pavlou to update agents on the requirements of the Financial Intelligence Centre Amendment Act. Click Here to [...]

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By Admin
In Industry News
Posted February 5, 2020

2017 I 2018 STATE OF TRANSFORMATION REPORT FOR THE SOUTH AFRICAN PROPERTY SECTOR

The Property Sector Charter Council (“PSCC”) at its recent annual seminar, released the 2019 State of Transformation of the Property Sector report. The 2019 report is based on two pieces of [...]

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Property Transformation Forum

The Property Transformation Forum (“PTF”) is an initiative of The South African Institute of Black Property Practitioners (“SAIBPP”) and the Real Estate Business Owners of SA (“REBOSA”).  The PTF is a working group of like-minded black property practitioners who have a passion for propelling transformation in SA and who are frustrated by the hurdles that currently exist and which stifle progress.

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