eaab.org.za Intern/Full Status Estate Agent Registration : Estate Agency Affairs Board
Organization : Estate Agency Affairs Board
Head Quarters: Johannesburg
Facility : Intern/Full Status Estate Agent Registration
Website : https://www.eaab.org.za/myffc
EAAB How To Register as an Intern Estate Agent
** Fully completed and signed application form;
** Certified copy of a valid I.D book;
Related : Estate Agency Affairs Board Fidelity Fund Certificate Online Registrations : www.sanotify.com/1056.html
** Certified copy of a valid passport if not a South African;
** A valid work permit if not a South African;
** Required payment or proof of payment of R529.80;
** Letter of employment signed by the Principal of the firm confirming employment of the applicant;
Please Note :
** It is a requirement that new intern estate agents must register with one of the accredited RPL Centres for the NQF Level 4 qualification.
How To Register As A Full Status (Non-Principal) Estate Agent :
The following conditions should be satisfied before registering as a new full status estate agent :
** The estate agentmust have served as an intern estate agent, a continuous compulsory 12 months internship period under active supervision of a principal estate agent, or of a full status estate agent who have at least three years practical experience;
** Keep a log-book (Portfolio of Evidence) reflecting the various estate agency functions and activities undertaken during internship period;
** Be in possession of a relevant NQF level 4 certificate or completed Further Education and Training Certificate in Real Estate.
The following documents are required to register as a full status (non-principal) estate agent :
** Fully completed and signed application form;
** Certified copy of valid South African I.D book;
** Certified copy of valid passport if non South African;
** Valid work permit if not a South African;
** Required payment, or proof of payment;
** Letter of employment signed by the Principal of the firm confirming employment of the applicant;
** Proof of status change
** No registration will be processed without the required documentation
Legislative Documentation Required
** In order to register as a principal estate agent, that is, a director of a company, a member of a close corporation, a partner in a partnership or a sole proprietor, the following documentations are required
Bank Application form :
** A bank application form must be fully completed and signed;
Letter from the Bank :
** A letter from the bank confirming that a properly designated trust account has been opened in terms of section 32[1] of Act No 112 of 1976;
Auditor’s letter
** A letter from the firm’s auditors (registered with IRBA) confirming acceptance of appointment to audit firm’s accounts.
Please Note :
Estate Agents intending to establish their own estate agency firm should first consider the following :
** Ascertain from the EAAB whether a proposed trade name is acceptable on initial or subsequent registrations before incurring any expenditure,
** If the name is not acceptable because it’s similar or confusingly similar to an already registered name, the name cannot be used.