Twitter Facebook

 

The Estate Agency Affairs Board (EAAB) was established in 1976 in terms of the Estate Agency Affairs Act 112 of 1976 (‘the Act”), with the mandate to regulate and control certain activities of estate agents in the public interest.

The EAAB regulates the estate agency profession through ensuring that all persons carrying out the activities of an estate agent as a service to the public are registered with the EAAB. A Fidelity Fund Certificate, which is to be renewed each year is issued as evidence of such registration and confirmation that such person is legally entitled to carry out the activities of an estate agent.

The Estate Agency Affairs Board (EAAB), which has been reporting to the Minister of Trade and industry since 1976, was transferred to the Department of Human Settlements on 17 May 2012 by Proclamation of the President of the Republic of South Africa.      

IMPORTANT NOTIFICATIONS

ESTATE AGENCY AFFAIRS BOARD

NEW TELEPHONE NUMBER

With immediate effect, the EAAB has introduced a new number in order to improve the overall experience when calling our Call Centre as well as the transfer of calls through to the EAAB offices.

The new number is 087 285 3222

The Management and Staff would like to extend their appreciation to our stakeholders for the inconvenience that they have endured in calling our offices and we trust that the changing of the number will prove to be the correct solution.

ESTATE AGENCY AFFAIRS BOARD CONTACT EMAIL ADDRESSES

In a further attempt to assist our stakeholders, kindy refrain from sending emails to individuals at the EAAB unless you are corresponding with a particular individual that is assisting you.

Please avail yourself of these dedicated email addresses that have been set up when dealing with your specific queries or for submitting documentation through to the EAAB offices.

  • Advertising in AGENT magazine:  margie@eaab.org.za
     
  • General information: eab@eaab.org.za
     
  • Fidelity Fund Certificate application forms: applications@eaab.org.za
     
  • Fidelity Fund Certificate annual renewals: renewals@eaab.org.za
     
  • Status upgrades and qualification updating: upgrades@eaab.org.za
     
  • To order the PDE 4 & 5 study material: studyguides@eaab.org.za
     
  • Information regarding the Professional Designation Examination (PDE) and duplicate copies of old EAAB examination certificates: pde@eaab.org.za
     
  • For Professional Designation Examination (PDE);  Equivalency matrix; and Over 60's exemption: exemptions@eaab.org.za
     
  • For PDE examination results and appeals resultsappeal@eaab.org.za
     
  • To apply for an affidavit: lungile.mntambo@eaab.org.za
     
  • Audit Reports submission and all queries: audit@eaab.org.za

IMMEDIATE RELEASE
25 MARCH 2014

MEDIA RELEASE: ESTATE AGENCY AFFAIRS BOARD RESPONDS TO THE ORDER GRANTED IN PHILIP vs ESTATE AGENCY AFFAIRS BOARD (39922/12) [2013] ZAGPPHC 276

The above case, relating to the payment of interest and legal costs in respect of a claim instituted against the Fidelity Fund, resulted in an order being granted against the Estate Agency Affairs Board (EAAB) for payment of the amount stated in the order sought. Read More

MyEAAB Online Portal

AUDIT COMPLIANCE

The Estate Agency Affairs Board in its further endeavours to streamline processes for our stakeholders has introduced further enhancements to the MyEAAB online portal on our website www.eaab.org.za for the submission of the estate agency firms annual audit report.  This will further assist in improving our efficiency levels and service delivery.   This will also allow users to view and manage their annual audit reporting and it is therefore extremely important that as the estate agency firms auditors will be processing and submitting audit reports on behalf of the estate agency, that they familiarise themselves with the four sections included in the online submission of the reports that need to be completed before submitting the audit reports.  Read More ...

FIDELITY FUND CERTIFICATE

Application Forms

In addition to the Estate Agency Affairs Board’s MyEAAB online registration portal, in an effort to improve the turn-around period for the processing of new applications, our Registrations Department has created an e-mail address specifically for the processing of new applications.   Before sending a Fidelity Fund Certificate application form via e-mail it is however important to read and take note of the procedures to follow. Read More

IMMEDIATE RELEASE

30 JANUARY 2014

COMMUNIQUE:  Many non-compliant estate agency firms unlikely to receive Fidelity Fund Certificates for 2014


The Estate Agency Affairs Board (EAAB) is very concerned that a large number of estate agency firms will not be receiving fidelity fund certificates (or licences to legally operate as estate agents) for 2014 due to audit non-compliance issues and is presently doing everything possible to address and resolve this very crucial problem.  Read More ...

DISQUALIFICATION DUE TO THE FAILURE TO COMPLY WITH AUDIT REQUIREMENTS

Kindly be advised that the EAAB considers and processes compliant audit reports and, should an audit report be found not to comply with the requirements set out in the Estate Agency Affairs Act, 112 of 1976 (“the Act”), the relevant audit report cannot be accepted and, as per the provisions of Section 27 (aA)(i) of the Act, an estate agent who has failed in respect of his financial year which has expired before the date on which application for a fidelity fund certificate is made, to comply with any provision of section 29(b) or section 32(3)(b), as read with section 32(7)(c) of the Act will be disqualified from being issued with a Fidelity Fund Certificate.   Read more ....

IMPORTANT AUDIT REPORT NOTIFICATION

The Estate Agency Affairs Board (EAAB) hereby wishes to remind all estate agent firms irrespective of legal form i.e. Sole Proprietor; Close Corporation; PTY; Partnership of the audit requirements to be adhered to in terms of our legislation.

Kindly note that the current audit report format, as per the introduction of the revised audit report form, remains and estate agent firms are encouraged to ensure that they cause their accounting records to be audited within 4 (four) months from the last day of their respective financial year end by an auditor registered with the Independent Regulatory Board for Auditors (IRBA). Read more...

ESTATE AGENTS CONTACT DETAILS INFORMATION UPDATE FORM

All estate agents are required to update their information in order to enable the EAAB to communicate with estate agents effectively.
Read more...

THE ESTATE AGENCY AFFAIRS BOARD NO LONGER ACCEPTS CHEQUES

All estate agents, stakeholders and new applicants are hereby informed that, with effect from 1 December 2011, the EAAB will no longer be accepting any payments made by cheque.

Read more...

FIDELITY FUND CERTIFICATES UNCLAIMED FROM THE POST OFFICE

The Estate Agency Affairs Board (EAAB) has compiled an updated list of fidelity fund certificates that have been returned as unclaimed by estate agents from the various Post Office outlets.  In this regard, the EAAB has made every effort to ensure that agents are aware of such unclaimed fidelity fund certificates.  

If your company name appears on this list, we request that you urgently contact the EAAB to make arrangements to either re-post or to collect your fidelity fund certifcate from our offices.
Read more...

NOTICE TO ALL STAKEHOLDERS REGARDING THE PURPORTED PRESENTATION OF CONTINUING PROFESSIONAL DEVELOPMENT (CPD) COURSES

It has come to the attention of the EAAB that various real estate-related courses, workshops, seminars and presentations are presently being advertised as being CPD-accredited and that attendance at such courses, workshops, seminars and presentations, at a financial cost to the attendee, will entitle the attendee to accrue CPD points in accordance with the EAAB’s CPD cycle.  Read More ...

PROFESSIONAL DESIGNATION EXAMINATIONS – 2014

This serves to advise that the Professional Designation Examinations for both non-principal estate agents and principal estate agents are scheduled to take place on the following Thursdays in 2014, namely:

19 June 2014

18 September 2014

20 November 2014

Professional Designation Examination Fees

The Professional Designation Examination fees for 2014 will be as follows:

  • Professional Designation Examination for non-principal estate agents (PDE 4): R650,00
  • Professional Designation Examination for principal estate agents (PDE 5): R870,00

Read More ...

EDUCATION QUALIFICATION DEADLINE EXTENSION


COMPLIANCE DUE DATE EXTENSION: CERTIFICATION AGAINST NQF4 AND NQF5 FOR ESTATE AGENTS REGISTERED WITH THE ESTATE AGENCY AFFAIRS BOARD (EAAB) ON 15 JULY 2008


Further and final extension granted by the Estate Agency Affairs Board for the certification of estate agents registered on 15 July 2008

In terms of the Standard of Training of Estate Agents Regulations, 2008, estate agents who were registered on 15 July 2008, the date when the Regulations came into effect, were required to be certificated against either the Further Education and Training Certificate: Real Estate (NQF Level 4) for non-principal estate agents or the National Certificate: Real Estate (NQF Level 5) for principal estate agents by 31 December 2011. The Regulations specifically provide, however, that this time period may be extended by the Board on reasonable grounds.
Read More ....

REQUEST FOR PROPOSAL FOR PROVISION OF CONTINUING PROFESSIONAL DEVELOPMENT (CPD) SOFTWARE
(REF: EDU 2014/002)


The Estate Agency Affairs Board guided by the principles of the Preferential Procurement Policy Framework Act (“PPPFA”) hereby invites suitably qualified Firms to submit proposals for the provision of an appropriate and cost-effective Continuing Professional Development (CPD) managing, monitoring and control system (software) for a period of three years.

PLEASE SEE TENDERS ON THE LEFT NAVIGATION MENU BAR

APPOINTMENT OF INTERNAL AUDITORS

Ref No.: RFP FIN 2015/02 (INTERNAL AUDITORS)

The Estate Agency Affairs Board is pleased to announce the official appointment of Grant Thornton as the newly appointed Internal Auditors effective from the 02 January 2014 for a period of 3 years and 3 months.

 




WHISTLE BLOWER
HOTLINE
0800 223 225