ESTATE AGENCY AFFAIRS BOARD REFUTES CLAIMS OF 50 000 ILLEGAL ESTATE AGENTS
The Estate Agency Affairs Board (EAAB) has noted various media reports attributed to the organisation claiming that there were about 50 000 illegal estate agents practising.
The EAAB wishes to place it on record that these figures attributed to it are incorrect and has at no stage made such claims. These figures seem to emanate from a statement issued by PrivySeal which had unfortunately not been requested, nor had this information been verified with the Board.
Neither were remarks attributed by Ms Margie Campbell ever made as alluded to by PrivySeal in their statement.
There are no available statistics regarding the number of estate agents practising illegally in South Africa. The Board receives frequent complaints from consumers complaining about people purporting to be agents and where possible intervenes.
We have since asked PrivySeal to retract its statement and issue an apology for attributing this very misleading statement to the Board.
Issued by the Estate Agency Affairs Board
Date: 28 November 2017