What Qualifications Do You Need To Be An Estate Agent In South Africa

What Qualifications Do You Need To Be An Estate Agent In South Africa Thereafter you need to register with the Property Practitioners Regulatory Authority PPRA which is the governing body that regulates the real estate industry Once registered as a Candidate Property Practitioner you will be issued with a Fidelity Fund Certificate FFC which needs to be renewed every 3 years

Real estate is a thriving industry in South Africa with more opportunities than ever to get into this field However becoming a real estate agent is not as easy as it looks It takes time dedication passion patience and willingness to succeed Here is what you need to know to become a real estate agent including the steps involved Some estate agencies offer on the job training for estate agents Training is also available from the Institute of Estate Agents of South Africa Once qualified estate agents must register with the Board as professional estate agents in order to practice legally It is also important to attend courses on an ongoing basis in order to keep up to

What Qualifications Do You Need To Be An Estate Agent In South Africa

What Qualifications Do You Need To Be An Estate Agent In South Africa
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Hi G Bruwer thank you for writing to us The steps on education are clearly indicated on our BLOG tab view the article How to Qualify as a Full Status or Principal Real Estate Agent PDE5 is only done once you are a registered Principal Agent Once you are a Principal Agent you may open your own firm The intern estate agent is within the 12 months internship period required to complete the Further Education and Training Certificate FETC Real Estate NQF 4 a qualification that is intended to enhance the provision of entry level service within the property and real estate professions and to provide the broad knowledge skills and

Let s have a look at the process of becoming a qualified real estate agent in South Africa 1 Find Employment at an Estate Agency Find employment with an Estate Agency At this stage you will be classed as an intern estate agent and will begin your 12 month internship 2 Register with the Estate Agency Affairs Board EAAB What Subjects Do You Need to Become a Real Estate Agent in South Africa To become a real estate agent in South Africa there are no specific secondary school subjects required however subjects like Business Studies Economics and Mathematics can be beneficial The essential educational requirement is completing the NQF Level 4 Real Estate

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Here s a breakdown of the changes and what you need to do to become a qualified real estate agent What s New Structured Training The old system required a 12 month internship After the devastating effects of the United States mortgage market in 2008 the EAAB Estate Agency Affairs Board changed the requirements for agents entering the real estate industry In South Africa an estimated two thirds of estate agents who were registered in 2008 left the industry

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