General Information

ESTATE AGENCY AFFAIRS BOARD WEBSITE, MyCPD AND MyEAAB

ONLINE PORTALS

For the past few years the EAAB has implemented a number of online systems aimed at ensuring that estate agents are able to transact and interact with EAAB through these online services. These projects include online submission of Audit Reports, MYCPD, MyEAAB, Online registrations and renewals, PrivySeal, etc. Further, now estate agents are also able to access and download their FFCs online immediately upon issue.

While these projects have been launched successfully, it has led to the higher than expected increase in the network traffic as many estate agents and members of the public are now making use of our online facilities. This, thus, has resulted in some online transactions staying longer on the queue, which in turn affect the performance of the website and the portals. Although some estate agents experience difficulty in their transactions, many estate agents are able to transact. To date 32 347 FFCs, have been issued in respect of 2017 calendar year. This represents 89% of all FFC when compared to the total number of FFCs that was issued for the 2016 calender year.                                                                                                                       

Our technicians are upgrading and optimising our current systems and infrastructure and the systems should be fully operational in due course. We encourage estate agents to continue using our website. A dedicated email address has been created to assist estate agents who are experiencing difficulty in using the website. Thus, should estate agents experience technical difficulty in using the website they are encouraged to submit their queries to Online@eaab.org.za.

We also advise estate agents that EAAB now has self-service terminals at our offices in Sandton through which estate agents can access our online facilities.

Issued by:         The Estate Agency Affairs Board

Date:                 11 October 2016


PDE on 16 August 2018 results available on the MyEAAB portal for estate agents
September 17, 2018
  Candidates who wrote the Professional Designation Examination on 16 AUGUST 2018 are advised that: the results of the examination may now be accessed by logging-on to the ‘MyEAAB’ portal of the EAAB website (www.eaab.org.za) , clicking on the ‘Agents’ portal dropdown, completing the required information and then...

ENROLMENT FOR THE PDE ON 16 AUGUST 2018
July 27, 2018
It has come to our attention that the MyEAAB portal notification for the next Professional Designation Examination (PDE) enrolment date is confirming the examination date as 17 August 2018, which is incorrect.

IN THE HIGH COURT OF SOUTH AFRICA (WESTERN CAPE DIVISION, CAPE TOWN) Case No: 17418/2016
May 9, 2018
The first applicant is the Atlantic Beach Homeowners Association NPC, referred to as 'the HOA', a duly established non-profit company, established before s 29 of the Land Use Planning Ordinance (LUPO) was repealed by the Western Cape Land Use Planning Act 3 of 2014.

Participating in the CPD Programme during 2018
March 9, 2018
The fourteen selected topics, and Integrated Real Estate Dialogues, comprising the CPD programme for 2018 CPD participants are advised that the CPD programme for 2018 comprises the following fourteen topics, six of which are reserved for principals only.

CONTINUING PROFESSIONAL DEVELOPMENT (“CPD”) IN 2018
March 6, 2018
For Principal and Non-Principal estate agents (excluding Intern estate agents) CPD compliance in 2018 CPD participants, that is to say, all non-principal and principal estate agents who have been issued with valid fidelity fund certificates for 2018 by the EAAB (excluding intern estate agents presently holding valid ‘intern’ fidelity...

EAAB WAIVES FINES FOR CPD TRAINING UNTIL 31 MARCH 2018
January 31, 2018
The Estate Agency Affairs Board is gratified at the positive response received from CPD participants on the first three-year CPD cycle (that is to say, estate agents, excluding intern estate agents, who had been issued with fidelity fund certificates for the 2015, 2016 and 2017 calendar years respectively) to ensure timeous compliance with any...

Consumers warned to be vigilant in conducting property transactions
January 17, 2018
The Estate Agency Affairs Board (EAAB) urges consumers to be vigilant when doing property transactions and to always check if the estate agent they are dealing with has a valid Fidelity Fund Certificate that is issued by the Board.

ESTATE AGENTS TRAINING – A RESPONSE
January 17, 2018
To state that the Estate Agency Affairs Board (“EAAB”) was utterly dismayed at the patent lack of understanding evidenced, as well as the blatant and misleading misrepresentations made, in the article entitled “Agents Training – Listen Up” by Anne Schauffer would be an understatement.

Continuing Professional Development (CPD) in 2018
December 6, 2017
It is most gratifying for the EAAB to be able to record that the overwhelming majority of estate agents that were required to do so have successfully completed the first three-year rolling CPD cycle.  This, no doubt, bodes extremely well for the continued professionalisiation of the real estate sector and for the enhancement of the status of...

Professional Designation Examination Dates for 2018/2019
November 6, 2017
Professional Designation Examination (PDE) dates for 2018/2019

Renewal of FFC and Attorney Registration Certificates for 2018
October 24, 2017
All renewals shall be performed on the MyEAAB Agents Portal accessible through the EAAB website through the link https://www.eaab.org.za/myffc.

RENEWAL OF FIDELITY FUND CERTIFICATES AND REGISTRATION CERTIFICATES for 2018
September 20, 2017
All renewals must be done on the MyEAAB Agents Portal accessible through the EAAB website through the link https://www.eaab.org.za/myffc. Every estate agent must apply for a fidelity fund certificate or registration certificate for the succeeding year not later than 31 October of every year.  Renewal payment received after 31 October will...

EXPANDED CRITERION FOR THE GRANT OF THE STATUTORY EXEMPTION AGAINST THE PDE IMPLEMENTED
September 11, 2017
The Estate Agency Affairs Board had previously interpreted regulation 7(3) of the Standard of Training of Estate Agents Regulations, 2008, as meaning that, to qualify for the grant of the statutory exemption against the Professional Designation Examination (“PDE”), estate agents must have continuously held a valid fidelity fund...

Continuing Professional Development (CPD) compliance
August 15, 2017
As December 2017 rapidly draws near, full status estate agents (excluding presently registered intern estate agents), are again reminded that they must ensure that they comply with mandatory Continuing Professional Development (CPD) requirements if they wish to continue legally to practice as such.

ATTORNEYS’ FIRMS HAVING EMPLOYEES HOLDING REGISTRATION CERTIFICATES IN THEIR SERVICE
June 30, 2017
Please be advised that attorneys’ employees whose duties consist wholly or primarily of the rendering of estate agency services, as defined, and who consequently are required to hold a Registration Certificate issued by the Estate Agency Affairs Board are also obliged fully to comply with the educational requirements prescribed by the...

Renewal Notification 2017 / 2018
June 27, 2017
Please take note of the important notification that will assist you in obtaining your 2018 fidelity fund without any delays. Every estate agent to whom a fidelity fund certificate or a registration certificate, as the case may be, has already been issued in respect of a specific calendar year, shall unless he/she ceased or will cease before the...

DRAFT GUIDANCE ON THE IMPLEMENTATION OF NEW MEASURES TO BE INTRODUCED BY THE FINANCIAL INTELLIGENCE CENTRE AMENDMENT ACT, 2017 (ACT NO. 1 OF 2017)
June 22, 2017
Thursday, 15 June 2017: The Minister of Finance has announced the coming into operation of a number of provisions of the Financial Intelligence Centre Amendment Act, 2017 (the FIC Amendment Act).  According to this announcement the implementation of the provisions of the FIC Amendment Act that provide for the following, will start on 2...

Property Sector Charter Council releases its first public state of transformation report for the property sector
June 15, 2017
The South African property sector is making reasonable efforts towards transformation, but it needs to pick up pace.

ONLINE QUERY MANAGEMENT SYSTEM NOW OPERATIONAL
May 2, 2017
The EAAB is gratified to announce that the innovative mechanism to facilitate the interaction of estate agents with the EAAB is now operational. Estate agents and estate agency enterprises must henceforth use the online query management system for the submission to the EAAB of all queries, questions and complaints relating to the issue of...

THE EAAB IS DETERMINED TO EXTIRPATE RACISM FROM THE REAL ESTATE SECTOR
March 22, 2017
Despite the best endeavours of the Estate Agency Affairs Board to sensitise practicing estate agents to the evils of racism and notwithstanding the conduct of a concerted campaign focusing on the insidious consequences of such acts, a further incident of blatant and unacceptable racism, including the use of crude and grossly offensive language,...

BEYERS REALTY GROUP CLAIMS AGAINST THE FIDELITY FUND BEYERS REALTY GROUP CLAIMS AGAINST THE FIDELITY FUND
November 1, 2016
On 30th September 2016, The EAAB obtained an interim order of court appointing a curator and taking control of the trust accounts and monies of Beyers Realty Group (BRG). BRG has also been provisionally interdicted from further operations pending a final order.

BEYERS REALTY GROUP CLAIM AGAINST THE FIDELITY FUND OF THE EAAB
November 1, 2016
Further to the below letter of information, the EAAB wishes to advise as follows: The curator as appointed by the court (see previous notice), is Mr Thomas Makupo, and any claims for trust monies which were held by Beyers Realty Group must be lodged with the curator at  curator@eaab.org.za, attention Mr Thomas Makupo

STATEMENT FROM CURATOR BONIS OF BEYERS REALTY GROUP (PTY) LTD (IN PROVISIONAL LIQUIDATION)
November 1, 2016
I, Mr Thomas Makupo, was appointed as the Curator Bonis of Beyers Realty Group (Pty) Ltd (“the company”) on 30 September 2016 by the Western Cape High Court to, among other things, administer and control the trust accounts of the company.



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