21 August 2015
COMPLIANCE WITH EDUCATIONAL REQUIREMENTS BY ESTATE AGENTS WHO WERE REGISTERED WITH THE EAAB ON 15 JULY 2008
It is recorded that, pursuant to the provisions of the Standard of Training of Estate Agents Regulations, 2008, all principal and non-principal estate agents who held a valid fidelity fund certificate, issued by the Estate Agency Affairs Board (“EAAB”), on 15 July 2008, were required to have complied with the mandatory educational requirements for estate agents by no later than 30 June 2015.
It was, thus, required of affected estate agents to have been both duly certificated against the relevant NQF real estate qualification applicable to their estate agency status and, also, to have passed the necessary Professional Designation Examination, whether for principal or non-principal estate agents respectively, by no later than 30 June 2015.
Due, however, to extraneous circumstances over which estate agents have no control, it is apparent that a number of the estate agents concerned have still to be certificated against the required NQF real estate qualification. Since certification against the NQF real estate qualification is a prerequisite for registration for the Professional Designation Examination, those persons have, consequently, neither been able to enrol for nor write the required Professional Designation Examination.
Having duly taken these factors into account, the EAAB has resolved that currently practicing principal and non-principal estate agents who were registered as such on 15 July 2008 but who have not yet complied with the prescribed educational requirements may not be issued with a fidelity fund certificate for the 2016 calendar year unless they:
provide written proof to the EAAB confirming that they are currently registered with a Services SETA-accredited real estate prior learning assessment centre or real estate training provider, as the case may be, for accreditation against the required NQF real estate qualification; and
where such a document has been issued, also furnish a copy of the preliminary competency finding by that Services SETA-accredited real estate prior learning assessment centre or real estate training provider, as the case may be, pending the verification of that competency finding by the Services SETA.
The required proof of registration by the estate agent concerned with a Services SETA-accredited real estate prior learning assessment centre or real estate training provider, as the case may be, must be received by the EAAB by no later than 30 October 2015, being the last date for the renewal of fidelity fund certificates for the 2016 calendar year. Receipt by the EAAB of such proof will enable the estate agent concerned to be issued with a fidelity fund certificate for the 2016 calendar year. Once the initial competency finding against the NQF real estate qualification has been duly verified by the Services SETA, the estate agent concerned will be required immediately to advise the EAAB accordingly and to enrol for, and pass, the next scheduled Professional Designation Examination.
Practicing principal and non-principal estate agents who were registered as such on 15 July 2008 and who have yet to comply with the peremptory educational requirements are, therefore, requested to e-mail the necessary written proof of registration with a Services SETA-accredited real estate prior learning assessment centre or real estate training provider, as the case may be, to the EAAB as soon as possible. Such written proof should be e-mailed to firstname.lastname@example.org and must, in any event, be received by the EAAB by no later than 30 October 2015. Failure to do so will result in the disqualification of that estate agent meaning that it will not be possible for the EAAB to issue a fidelity fund certificate to that person for the 2016 calendar year.
Issued by: Estate Agency Affairs Board
Date: 21 August 2015
Education Dispensation requirements for all Estate Agents/Principals
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.
Acting under this provision the Board previously extended the certification period to 31 December 2013. It has become increasingly apparent to the Board, however, that a further extension of this period is required if the needs of the estate agency sector in general and the affected estate agents in particular are to be accommodated. Many of the affected estate agents have, unfortunately, delayed enrolling for certification against the required real estate qualifications while other unanticipated delays have also seriously hampered the finalisation of the certification process, including the necessary de-accreditation of certain real estate education providers and recognition of prior learning assessment centres as well as the lack of performance and the due exiting of learners manifested by others.
The Board has, in the circumstances, agreed to grant a further and final extension of time until 30 June 2015 for affected estate agents to be certificated against the required real estate qualifications. It is not envisaged that this time period will again be extended. It is to be underscored, therefore, that those affected estate agents who have still not been certificated by the extended date will not be issued with fidelity fund certificates, entitling them legally to perform the functions and activities of an estate agent, for the 2016 calendar year.
The Board wishes to acknowledge the significant investment in time and resources by the many dedicated and committed estate agents who complied with the previously established deadline and who were timeously certificated against the required real estate qualifications. It is emphasised that certification against the NQF real estate qualifications is an essential prerequisite to registration for the mandatory Professional Designation Examination, whether for non-principal or principal estate agents as the case may be.
Recognition of prior learning (RPL) is an effective process that was incorporated into the Education Regulations specifically to recognise the acquired knowledge, skills and learning of estate agents who were already active in the real estate sector on 15 July 2008. It is anticipated that, as most of these persons are duly certificated in due course, the RPL process will be commensurately less utilised, with new entrants to the estate agency profession being required to undergo training instead.
The Estate Agency Affairs Board also wishes to remind practicing estate agents who are 60 years of age or older, who have held a valid fidelity fund certificate for at least five years and who currently hold a valid fidelity fund certificate, that they can apply for the special education exemption which may be granted to them in accordance with the requisite EAAB policy. This education exemption applies in respect of both the NQF real estate qualifications as well as the Professional Designation Examination.
For further information please contact our education manager Ms Nomsa Mokoena on email@example.com