3 things happening your industry right now
“Property Professional asked Rebosa what three things agents should know about right now.”
Rebosa have their ear to the ground when it comes to what’s going on in the real estate industry. Their primary goal is to look after real estate business owners’ best interests, and their behind-the-scenes work often benefits the whole industry.
Here’s what the organisation says should be on your radar right now:
1. Regulations to the Protection of Personal Information Act (PoPI)
The Department of Justice and Constitutional Development has invited the public to comment on the Draft Regulations relating to the Protection of Personal Information in line with the Protection of Personal Information Act, 2013.
The PoPI Act will have a huge impact on the way property professionals do business in the future and there are serious implications for non-compliance. Draft regulations are expected to be submitted to Parliament for tabling in February 2018.
The deadline for commentary is 7 November 2017.
2. Employment Equity Plans
Rebosa have consulted with the Department of Labour and can confirm that only estate agencies who employ more than 50 people (including admin staff, interns and agents) or employ less than 50 people but have an annual turnover of more than R30m, must, by law, complete an Employment Equity Plan. The deadline for the 2017 reporting period is 15 January 2018.
If you are unsure of anything you can call the Employment Equity helpline on 0860 101 018 or Lucia Rayner on 012 309 4122 / 4634..
3. EAAB IT Systems
Following a meeting with Mr Yusaf Patel, Deputy Chairman of the EAAB Board, Rebosa can confirm that the EAAB IT system problems are receiving urgent attention at Board level.
To find out more about Rebosa, visit rebosa.co.za
By Property Professional