In Industry News

Dear Colleagues

2022 FFC Renewals – SEVEN DIGITS ONLY

Effective 1 July 2021 we can apply for our 2022 Fidelity Fund Certificates.  All transactions regarding FFC renewals need to be done online via the MyEAAB portal https://www.eaab.org.za/myffc/login.  Information relating to FFC renewals can be found on the Rebosa website by accessing the following link (https://www.rebosa.co.za/notification-fidelity-fund-certificate-renewals-for-2022/)

Please only use unique EAAB seven digit reference number ONLY (don’t add name, surname etc.) as the bank beneficiary/reference when making payment (EFT or Credit Card) for your 2022 FFC renewal.  The EAAB system cannot allocate payments with incorrect bank beneficiary/reference numbers or numbers including anything but the 7 digits.

Using an incorrect reference number will simply result in you not receiving your FFC until your payment can be traced which could take months.

Example

If you have still NOT received your 2021 FFC for any reason please advise us URGENTLY so that we may assist.  You will not be issued with a 2022 FFC if you have not been issued with your FFC for the current year.  Please send your queries to info@rebosa.co.za and include your full name (as it appears on your FFC), ID number and your EAAB 7 digit reference number in order for us to fully assist.

CPD Extension

The EAAB have extended the deadline for the acquisition of CPD points to 31 August 2021 due to technical glitches they are experiencing with their system.

The 2021 CPD programme has not been finalised and has not been uploaded to the MyCPD portal – don’t expect availability before Nov/Dec.

If your CPD 2020 payment has not been allocated to the 2021 CPD cycle and you still do not have access to your e-learning platform please send an email to Nomlindi Gxasheka on email address nomlindi.gxasheka@eaab.org.za to have the matter resolved.

POPIA

This serves as a reminder that the Protection of Personal Information Act (often called the POPI Act or POPIA) came into full force and effect on 1 July 2021.  Guidelines and a manual designed specifically for Property Practitioners can be downloaded from Rebosa’s website https://www.rebosa.co.za/popi-estate-agent-practice-manual/  Additional information can be found on the Protection of Personal Information Act (POPI Act) website https://popia.co.za/

The Department of Justice are experiencing technical problems with their portal resulting in the deadline for the registration of Information Officers and Deputy Information Officers being put aside until further notice.  Registration forms can still be emailed manually.  Additional information can be found directly on the website https://www.justice.gov.za/inforeg/portal.html

Audit Report Submission Deadline

The EAAB deadline for submission of audit reports for firms with a 28 February 2021 financial year was due on Wednesday 30 June 2021.  We urge all members to remain compliant.  If you have not submitted your audit report for whatever reason you need to do as immediately as you will not be issued with your 2022 FFC and risk being deregistered.  Once a firm is deregistered it is exceptionally difficult to rectify and could take years.

Real Estate Health and Safety Measures during Covid-19

As South Africa finds itself in the midst of an escalating third wave Covid-19 infections and a move to adjusted alert level 4, safety is a major concern.  Estate Agents may continue to operate, but must do so in accordance with strict health and safety measures – as set out in the sector-specific health protocols – which ensures safe and responsible trading by estate agents.

These health and safety measures and guidelines can be found on Rebosa’s website by accessing the following link (https://www.rebosa.co.za/rebosa-guidance-on-real-estate-operations-under-the-latest-restrictions-agents-urged-to-follow-strict-covid-19-protocols/)

For your own safety and the safety of your clients we urge you to follow these procedures to the letter.

EAAB Office Closure

The EAABs offices are currently closed due to staff members testing positive for Covid-19

Professional Designation Examinations (PDE)

The enrolment to write the prescribed professional designation examination on 19 August 2021 is now open.  Closing date for enrolment and payments is 30 July 2021

Real Estate Forecast Summit: Global Update. REGISTER NOW!

Our bilateral partner the NAR are hosting an international research report “International Transactions in U.S. Residential Real Estate” which will be launched LIVE at a not to miss virtual event, The Real Estate Forecast Summit: Global Update, which will take place on July 26 at 2 p.m. ET.

With a focus on the changing international real estate market, this FREE one-hour webinar will feature experts from Australia, Canada, and China. Here are the topics that NAR and our guest speakers will explore:

Ø             U.S. Housing Market and Foreign Buyer Trends (Lawrence Yun PhD, NAR)

Ø             Chinese Foreign Buyers: Where They are Buying Globally (Georg Chmiel, Juwai IQI Holdings)

Ø             Australian Housing Market (Nerida Conisbee, Chief Economist, Ray White (Australia)

Ø             Canadian Housing Market (Shaun Cathcart, CREA/ACI)

Please click the following link to register to attend this session.

https://realtors.zoom.us/webinar/register/WN_U73KYxu3So631wH51waCGw

#NARForecastSummit

Rebosa Annual General Meeting

The Annual General Meeting of Rebosa will be held on Wednesday, 28th day of July 2021 at 11h00.  Please find the notice and supporting documentation below.

agm-notice-28-july-2021

agm-minutes-9-july-2020

rebosa-chairmans-report-2020-agm

board-of-directors-nomination-and-acceptance-form-2021

rebosa-member-proxy-form-28-july-2021

Due to the Covid-19 pandemic and current lockdown restrictions the AGM will be convened in a virtual teleconferencing format using a 3rd party software, Zoom.

Kindly confirm your attendance by email to info@rebosa.co.za to receive a Zoom meeting ID and password.

If you are not able to attend the AGM, please complete the attached proxy form and return it by email to info@rebosa.co.za

Lightstone

Please take note that due to PoPIA compliance the EzContact report that allows a user to search for an individual’s contact details using their ID number or locating the property that they own on the map is no longer available.  Lightstone are currently searching for a solution to make these reports available whilst still remaining compliant and will notify the industry in due course.

Kind regards
Jan

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