REBOSA (Real Estate Business Owners of South Africa) has launched a whistle-blower initiative inviting agents to report any agent or agency trading illegally.
REBOSA is an independent, non-profit company (NPC) that is committed to raising the standards of real estate practice, promoting professionalism and transformation in the industry and representing the best interests of business owners and principals of estate agencies operating in the multi-billion rand South African residential real estate sector, a sector that is governed by a wide range of legislation and regulations.
There are a multitude of agents practicing illegally and REBOSA is working together with EAAB (The Estate Agency Affairs Board) to clean up the industry.
The EAAB regulates the estate agency profession by ensuring that all persons carrying out the activities of an estate agent is legally entitled to do so. All estate agents must be registered with EAAB and a Fidelity Fund Certificate is issued which is to be renewed each year.
Agents are encouraged to use the whistle-blower pages of either REBOSA or EAAB, and to provide as much information as possible.
“Our register will give us the opportunity to actually follow up going forward as to the net results achieved,” says REBOSA chief executive, Jan le Roux.
Report illegal agents here: http://www.rebosa.co.za/report-illegal-agents/
Anonymity is guaranteed.
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