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THE BOARD REGULATES THE ESTATE AGENCY INDUSTRY BY LICENSING PRACTITIONERS. THE LAW UNDER WHICH THE BOARD OPERATES:

The board achieves regulation through:

  • Preventing unsuitable persons from entering the industry.
  • Adminstering a qualifying examination for new applicants.
  • Investigating complaints concerning improper estate agency conduct and activity.
  • Imposing disciplinary on estate agents found to have violated the licensing Act or Code of Conduct, and
  • Reimbursing consumers who have suffered financial loss through the theft by estate agents of trust monies, from its Fidelity Fund.

The role of the Board is neither to protect the regulated industry nor to protect consumers at all cost. Instead, the role of the Board is to protect the public interest. Protecting the public interest means assuring every individual's right to justice and equal treatment whether that individual is a consumer or estate agent practitioner. The Board must, therefore, use its best efforts to achieve fair and impartial enforcement of the law.

IMPORTANT NOTICE

Be advised that your Agency's Audit Report is due for submission to the EAAB Four (4) months after your financial year end. Failure to submit will result in the disqualification of your Agency and all the agents. You will become liable to be charged and a fine of R500 will be levied.

Please find a blank audit report form on this website under Estate Agents Services then Registrations or contact the Board on (011) 731 5600

IMPORTANT 2008 RENEWAL NOTICE

Please find the Annual Imbizo Serminars schedule for 2008 under the News Tab.

IMPORTANT NOTICE

  • This serves to advise that the EAAB has now scheduled an Overflow Examination, to be conducted under the old curriculum, for all those candidates who previously wished to write the examination but who, due to the overwhelming demand, could not previously be accommodated.
  • This examination will take place, country-wide, on 10 July 2008. Successful candidates will be granted full status as estate agents pursuant to the old regulations.
  • Such candidates will, thereafter, be able to proceed, in the normal course of events, to have that prior learning, as well as any other relevant prior learning, recognised and assessed pursuant to the RPL arrangements that are provided for in the new regulations.
  • The EAAB believes that this latitude will, undoubtedly, benefit the many persons who are still seeking to gain full status as estate agents under the old regulations and will, also, serve as a useful transitional arrangement for the introduction of the new Outcomes Based dispensation for estate agents.
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