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Month: June 2018

Tough challenges await new property bill

In 2017 only 5% of property practitioners were black, Indian or coloured, down from 8% in 2013 – the lucrative property sector, despite efforts made so far, is still far from being more reflective of the South Africa demography

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Facing issues on FFC’s

From 1 July estate agents may apply to renew their mandatory Fidelity Fund certificate for 2019. In light of complaints about a lack of compliance monitoring when these vital documents are issued

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Investigate EAAB agents plead

Tales of woe have poured in following last week’s article ‘Self-regulation could save property industry millions’. An ‘organisational shambles’, ‘a joke’ and ‘discredit to our profession’ were among the descriptions frustrated agents attributed to the Estate Agency Affairs Board (EAAB).

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Home buyers in SA getting older

The average home buyer in 2018 is 44 years old, six years older than in 1980 when the average home buyer was 38 years old. In South Africa the average middle-clas Millennial and younger Generation X’ers appear to be waiting longer to enter the property market.

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