select
|

Estate Agents: Get Qualified

Some estate agents still seem inclined to ignore the fact that all estate agents now have to obtain the Further Education and Training Certificate in Real Estate (which is on Level 4 of the National Qualification Framework) and this has to be done by 30th June 2015.  Similarly, all real estate business owners must obtain the National Certificate in Real Estate (NQF5) by that date.

“Time is running out for unqualified estate agents, some of whom still seem to think that a further extension may be given or even that the new educational regulations set up by the Estate Agency Affairs Board will somehow be set aside,” said Barry Fourie, head of the Rawson Property Group’s Training Academy.

Agents who already have a valid Fidelity Fund Certificate duly issued by the Estate Agency Affairs Board as at 15th July 2008, said Fourie, can obtain the new qualification through the Recognition of Prior Learning provision. New entrants are required to do a 12 month learnership with an accredited training provider while completing a log book of activities as intern estate agents.  These log books must then be sent to the Estate Agency Affairs Board at the end of the 12 month intern period.

After obtaining the statutory qualifications, estate agents are required to write the Professional Designated Examination (PDE) of the Estate Agency Affairs Board.  Agents that pass the PDE are entitled to use the designation: Professional Practitioner in Real Estate (PPRE).  Business owners that pass the PDE are entitled to the designation: Master Practitioner in Real Estate (MPRE).

Agents are also required to complete further training in Continuing Professional Development (CPD) during a three year cycle to ensure that they keep up-to-date with changing legislation and trends.

The Rawson Training Academy, an accredited provider of training, fully supports the drive by the Estate Agency Affairs Board to professionalise the real estate industry, said Fourie. He added that the measures taken so far have already ensured a marked increase in the standard of people serving the industry.

Fourie cautioned estate agents to make sure that they use only accredited training providers to obtain these qualifications.

“Agents must be aware that, at this stage, only the Estate Agency Affairs Board is an accredited provider of Continuing Professional Development.  Agents should not be fooled by training providers claiming to offer CPD courses when they are in fact not licenced to do so.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK