Home | EAAB - The Estate Agency Affairs Board

Time 2020-12-09 08:03:52

Web Name: Home | EAAB - The Estate Agency Affairs Board

WebSite: http://www.eaab.org.za

ID:128364

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The,EAAB,Home,EstateAgents,EstateAgencyAffairsBoard,Consumers,IndustryMembers,Bu

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CONTINUING PROFESSIONAL DEVELOPMENT (CPD) E-LEARNING FOR THE 2020 CALENDAR YEAR NOW OPEN The CPD portal is open for all principals and non-principal estate agents to commence with their E-Learning for the CPD 2020 calendar year. The E-Learning video clips have been uploaded and are available on the MyCPD online agents portal available on www.eaab.org.za Please note that as per the instructions from theMinister early this year,CPD fees have been waivedfor the 2020 financial year. Estate agents are encouraged to start with their CPD 2020 to earn their individual CPD points and an extension period of 6 months has been provided in which to complete and obtain your CPD points for the 2020 calendar year. Date of Issue: 03 December 2020 The EAAB is in the process of updating its contact database. If your contact details have changed in the past 3 years, please urgently send your updated contact details to: France.Manthso@eaab.org.za or Karen.Son@eaab.org.za or Vukani.Mbatha@eaab.org.za Please provide your full names as they appear on your ID document, ID number, Email address, Tel contact numbers. The EAAB appreciates your co-operation in this regard. Issued by: ESTATE AGENCY AFFAIRS BOARD Date of Issue: 29 September 2020 It is to be noted that the EAAB can only allow 30% of its worksforce to be on duty at the offices in Sandton, Johannesburg. This will continue until further notice on a rotational basis. To assure stakeholders of continued service delivery, the regulator has also made the necessary provisions for employees to continue to work remotely in order to offer all services when they are not in the office. Stakeholders are therefore encouraged to continue using electronic means wherever possible and to contact the EAAB on the following email addresses. Ms. Mohlala CEO of the EAAB encourages all employees to practice good hygiene habits, including the importance of washing hands properly and practise social distancing wherever possible. For further Covid-19 related enquires contact: Covid-19 Compliance Officer Mr. Oscar Mangole at oscar.mangole@eaab.org.za JOHANNESBURG The Estate Agency Affairs Board (EAAB) has brought forward the application date for a progressive initiative that will boost transformation of the real estate industry. The date for interested black estate agents to apply to benefit from the Previously Disadvantaged Individual resolution has been moved forward by more than a month from 31 August 2020 to 27 July 2020. The PDI resolution was initially scheduled to commence on 1 April 2020, but had to be extended, first to 1 June then 31 August 2020, due to the national lockdown. EAAB CEO Mamodupi Mohlala said the process was being expedited due to the call for help from the industry who cited the devastating economic consequences of the Covid-19 lockdown which started more than three months ago. We are mindful of the continued struggles of black estate agents and have decided to fast-track the PDI process. The financial effects of the lockdown have had far reaching consequences for everyone and as the regulator we are confident that will go a long way in assisting historically disadvantaged individuals, said Mohlala. More than 1000 previously disadvantaged agents blocked due to non-payment of mandatory fees will benefit from a first-of-its kind PDI resolution approved by the board. In essence, the PDI resolution exempts black people who can prove that they are previously disadvantaged, from all regulatory fee requirements, including for Fidelity Fund Certificates (FFCs), financial audits and mandatory fees for education and training. The resolution intends to make it easier for persons from previously disadvantaged backgrounds with a turnover of less than R5-million a year to enter the predominantly white industry. All those from disadvantaged backgrounds who wish to enter the profession are encouraged to apply and submit all the relevant documentation once the process commences. It is envisaged that applications will be informed of an outcome 14 days after receipt of a compliant application. Additional administrators have been appointed to assist with the PDI project. A dedicated panel made up of Adv Debra Vial (S27 and Claims manager), Mfundo Daki (education and training executive) and France Mantsho (chief risk officer) will adjudicate the application process in terms of Section 27 of the Estate Agency Affairs Act. The panel will make recommendations to the CEO who will then present it to the board for approval. Applications can be emailed to pdiapplications@eaab.org.za CLICK HERE FOR APPLICATION FOR EXEMPTION FROM THE PROVISIONS OF ACT 112 OF 1976 CLICK HERE FOR FINANCIAL REPORT ESTATE AGENCY FIRMS CLICK HERE FOR INDIVIDUAL ESTATE AGENTS AN IMPORTANT NOTICE TO ALL STAKEHOLDERS AND EXAMINATION CANDIDATES ON THE EAAB ON-LINE EXAMINATION SYSTEM READINESS All stakeholders and examination candidates are advised that the EAAB On-line Examination System is ready and examination candidates, in particular, are advised to check their provided emails (i.e. email addresses provided on... Read more... The EAAB has received enquiries regarding the confusion caused through the publishing of Examination venues on the EAAB website and whether the examination scheduled for the 19 November 2020 will take place in those venues or through the new On-line Exam platform as previously communicated. Read more... This serves to advise all estate agents who wish to undertake the upcoming Professional Designation Examination (PDE) scheduled to take place on 19 November 2020 that enrolment for such is now open. Enrolment is done strictly via the MyEAAB portal available on the EAAB website www.eaab.org.za and an examination candidate must be in... Read more... On 20 August 2020 the Estate Agency Affairs Board advised of the EAAB BOARD S DECISION TO AMEND THE EQUIVALENCY EXEMPTION MATRICES FOR NQF LEVELS 4 5 which was placed on the EAAB s website and sent via a bulk email process. Read more... The Estate Agency Affairs Board (EAAB) communicated on 29 June 2020 the waiver of penalties for late audit report submissions in view of the Covid-19 pandemic and the national lockdown Read more... JOHANNESBURG The Estate Agency Affairs Board (EAAB) has brought forward the application date for a progressive initiative that will boost transformation of the real estate industry. Read more... The EAAB earlier this month announced an exciting initiative that will assist estate agents from disadvantaged backgrounds gain entry into the profession. Read more... The unprecedented 21-day national lockdown kicks in at midnight Thursday 26 March 2020. President Cyril Ramaphosa announced the bold effort to stave off the rampant Coronavirus that has gripped the world. The lockdown will have dire consequences for the economy and the manner in which business is conducted in the property and real estate... Read more...

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CONTINUING PROFESSIONAL DEVELOPMENT (CPD) E-LEARNING FOR THE 2020 CALENDAR YEAR NOW OPEN The CPD portal is open for all principals and non-principal estate agents to commence with their E-Learning...

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